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Washington County, VA

RANK #443 / 996  ·  POP 53,985  ·  VA

PROJECTED GROWTH: +0.9%

Washington County's economy is holding up, but population decline raises questions about long-term trajectory.

[01] Why Washington County?

Washington County, Virginia, is often recognized for Damascus, known as "Trail Town USA," where seven national trails, including the Appalachian Trail and the Virginia Creeper Trail, converge. Located in Southwest Virginia, the county is surrounded by the Blue Ridge Mountains, offering a rural setting with access to outdoor recreation like hiking, biking, fishing, and river activities. Abingdon, the county seat, is a cultural hub with a historic district, the Barter Theatre, and Emory & Henry College. Commuting within the county and to nearby Bristol is generally manageable, with Interstate 81 running through its central valley.

Life in Washington County offers a blend of rural charm and community focus, attracting families, retirees, and remote workers seeking a slower pace. The public school system is above average, with four high schools and several elementary and middle schools. The economy is supported by agriculture, with over 1,600 farms, and a growing tourism sector driven by its outdoor attractions and historic sites. Recent economic developments include plans for new industrial parks and a proposed inland port at Oak Park Center for Business and Industry, which could bring new jobs and connect the region to the Port of Virginia.

[02] Market Snapshot

Housing Ratio
9.9x

Overvalued relative to economy

GDP Growth

No data

Home Prices
+0.1%

Well below national median

Climate & Terrain
-0.2

Below-average climate & terrain

Price/Rent
19x

Above national median (13x)

Housing looks overvalued at 9.9x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Washington County U.S. National

The Numbers

DEMOGRAPHICS
Population
53,985
-0.02% YoY
Median Household Income
$59,116
Median Home Value
$181,000
+0.13% 12mo
Median Rent
$796
Average Annual Pay
$48,472
+3.9% YoY
Employment
20,425
+2.2% YoY
Income-to-Home-Value
0.3266
More affordable than average
Migration Inflow
3.17%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$240,000
Days on Market
43
Moderate pace
Months of Supply
9.4
Buyer's market
Sale-to-List Ratio
94.4%
Negotiation room for buyers
Sold Above List
11.1%
Listings w/ Price Drops
19.5%
Building Permits (2024)
106
Single-Family Permits
104

Source: Redfin · Census BPS — Browse sales on Redfin →

[06] Score Breakdown

Population Growth -0.0% 29 percentile
Income Growth +8.0% 36 percentile
Vacancy Rate 1.0% 57 percentile
Home Price Change +0.1% 32 percentile
Price/Rent 19x 12 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Washington County, VA a good place to move to?

Washington County has a Boom Town Index score of 56/100, ranking #443 among 996 U.S. counties. With job growth at +2.2% and a median household income of $59,116, it's an above-average county on economic indicators.

Is Washington County affordable?

The median home value in Washington County is $181,000 with median rent at $796/month. The income-to-home-value ratio is 0.3266, which is more affordable than the national average.

Is Washington County growing or shrinking?

Population growth: -0.0% year-over-year. Job growth: +2.2%. Home values changed +0.1% in the past 12 months.

Are people moving to Washington County?

Yes — 3.17% of Washington County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Oktibbeha County, MS 66 Muskingum County, OH 66 Columbia County, PA 66 Macomb County, MI 66 Olmsted County, MN 66 Campbell County, KY 66 Laramie County, WY 66 Lee County, NC 66