County profile
Lynchburg city, Virginia
United States · US territory
EA Place Score
——methodology in progress
GDP
no BEA GDP
GDP growth (YoY)
1 yr only
Jobs tracked
57,019
Census CBP · 2023
Employers
2,251
Census CBP · 2023
Avg. wage
$56.1k
BLS QCEW · 2023
Population
81,347
Census PEP · 2025
Labor, income & education
Unemployment
5.3%
Median HH income
$57.9k±$3.4k
Bachelor's degree+
38.5%±2.1%
Poverty rate
18.6%±1.6%
Business applications
1,043 · 2025
Retail establishments
339
42.2/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
1BWX Technologies, Inc.Industrials$3.2B74B2Bank of the James Financial Group, Inc.Financial Services$4.3M45DHQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).
Industry mix · employment
Education27%
Health care24%
Manufacturing16%
Retail trade14%
Food & accommodation13%
Professional services6%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
81,347
residents · 2025 · +3.0% since 2020
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+118
International migration+931
Natural change+1,313
Real estate & risk
FHFA · ACS · FEMA
Median home value
$229.8k±$7.2k
Median gross rent
$1.1k/mo±$29/mo
Vacancy rate
16.1%±1.7%
Affordability
4.1× wages
Residential permits
$48.8M
213 units · 2.6/1k pop
FEMA risk score
49.3
HUD Fair Market Rent (2BR):$1.2k/mo · 2026
TOP PERILS · FEMA NRI
Strong wind 78Hurricane 74Lightning 74
FHFA HOUSE PRICE INDEX · 2016–2025
4662016
4782017
5002018
5202019
5462020
6042021
7182022
7702023
8292024
8492025
RESIDENTIAL PERMITS · 2021–2025
↑ 49% since 20211432021
2112022
2712023
4722024
2132025
Transport access
BTS · FAA · USACE
Nearest interstate
40.9 km
I-81
Nearest freight rail
1.2 km
NS
Nearest port
156.4 km
FLINT HILLS RESOURCES, RICHMOND TERMINAL WHARF
Nearest commercial airport
8.2 km
LYNCHBURG RGNL/PRESTON GLENN FLD
Filing activity
SEC EDGARWage trend
BLS QCEW · 2019–2023$56.1k
avg. annual pay · +24% since 2019
Nearby & same-state counties
by GDP rankThe read
What is Lynchburg city’s economy like?
Lynchburg city is home to 81,347 residents and 57,019 jobs across 2,251 employers, led by education. BEA does not publish state-level GDP for US territories, so no GDP figure is shown.
GDP: BEA (2025), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.