Moneta: Economy & Jobs

Moneta's typical household earns $-666,666,666, with homes at a median value of $232,200. The surrounding county supports 18,602 jobs (avg $48,340).

Income & Affordability

Median household income $-666,666,666 — below the Virginia median ($92,968). Poverty rate 25.1% (U.S. average ~12.5%).

Irs Income · IRS tax returns filed$38,010
Irs Income · Total Adjusted Gross Income (thousands)$3,338,233
Irs Income · Average AGI per return$87,825 (vs Virginia $92,983)
Irs Income · Year2022
Income Estimate$88,476
Median Household Income$-666,666,666 (vs Virginia $92,968)
Poverty Rate25.1%

Sources: IRS SOI 2022 · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 5.1% — above the U.S. average of ~4%. 6% work from home (U.S. average ~15%).

Commuter Profile · Work From Home Pct6.4%
Commuter Profile · Primary Modedrove alone
Employment · Avg annual employment (county)18,602
Employment · Total annual wages (county)$899,220,270
Employment · Average annual pay$48,340
Employment · Year2024
State Occupation Wages · Year2023
State Occupation Wages · All Occupations · Soc Code00-0000
State Occupation Wages · All Occupations · TitleAll Occupations
State Occupation Wages · All Occupations · Employment3,981,130
Unemployment Rate5.1% (vs Virginia 2.9%)

Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Industry Sectors

Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.

Agriculture · Total Farms122
Agriculture · Land In Farms Acres155,334
Agriculture · Avg Farm Size Acres1,273.20
Agriculture · Top CommoditiesAnimal Totals, Cattle, Crop Totals, Field Crops, Other, Horticulture Totals
Agriculture · Year2022
Business Patterns · Establishments (employer count)1,812
Business Patterns · Total Employees16,865
Business Patterns · Annual Payroll Thousands774,562
Business Patterns · Year2022

Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match

Local Business Mix

Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.

Local Businesses · Grocery Stores8
Local Businesses · Convenience Stores17
Local Businesses · Liquor Stores5
Local Businesses · Gas Stations20
Local Businesses · General Merchandise14
Local Businesses · Electronics Stores3
Local Businesses · New Car Dealers7
Local Businesses · Used Car Dealers7

Sources: Census CBP — NAICS detail codes

Dining Scene

Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.

Dining Scene · Full Service Restaurants44
Dining Scene · Fast Food38
Dining Scene · Coffee Snacks7

Sources: Census CBP NAICS 722

Banking

FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.

Branches (4)

Atlantic Union Bank
MONETA BRANCH · 14739 Moneta Rd · 24121
Bank of Botetourt
MONETA BRANCH · 51 Firstwatch Dr · 24121
Carter Bank & Trust
WESTLAKE BRANCH · 135 Scruggs Rd · 24121
First National Bank
SMITH MOUNTAIN LAKE BRANCH · 74 Scruggs Rd · 24121

SNAP & Food Access

USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.

Sample (5)

Dollar General 1386
Other · 90 Scruggs Rd
Dollar General 11774
Other · 14655 Moneta Rd
Food Lion 2174
Supermarket · 14807 Moneta Rd
Dollar General 16674
Other · 2180 Bluewater Dr
Apple Market 511
Convenience Store · 4640 Stewartsville Rd
Nearest Snap · NameDollar General 1386
Nearest Snap · Total In Area7

Sources: USDA SNAP API — state+city name match

Chamber of Commerce

IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.

Chamber Of Commerce · NameSMITH MOUNTAIN LAKE REGIONAL CHAMBER OF COMMERCE

Sources: IRS EO BMF  ·  Refreshed 2026-04-12

Spending & Tax

Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).

Federal Spending · Federal Spending Fy2024$649,842,883
Federal Spending · Per Capita8,178.03 (vs Virginia $14,580)
Federal Spending · Population79,462 people (vs Virginia 42,214)

Sources: USAspending API

Other

Pct Drove Alone82.5%
Pct Public Transit11.1%
Pct Walked6.4%
Retirement Score · Median age37.2 years (vs Virginia 37.8y)
Retirement Score · Ss Household Pct29.6%
Retirement Score · Hospitals Nearby1
Retirement Score · Va AccessYes
Retirement Score · Factorshospital access, VA nearby
Retirement Score · Ratingfair

Sources: Census ACS 5-Year 2023  ·  Refreshed 2026-04-12