Vansant: Economy & Jobs

$31,595 is the median household income in Vansant (1.4× below Buchanan County median $42,886; 2.9× below Virginia median $93,170), with homes at a median value of $101,700. The surrounding county supports 6,056 jobs (avg $62,429).

Income & Affordability

Median household income $31,595 — below the Virginia median ($92,968). Poverty rate 25.4% (U.S. average ~12.5%). 64% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).

Affordability · Home Price To Income3.2×
Affordability · Home Affordabilitymoderate
Affordability · Rent Pct Income26.4%
Affordability · Rent Affordabilitymoderate
Affordability · Pct Severely Rent Burdened63.9%
Affordability · Poverty Rate25.4%
Irs Income · IRS tax returns filed$6,670
Irs Income · Total Adjusted Gross Income (thousands)$362,246
Irs Income · Average AGI per return$54,310 (vs Virginia $92,983)
Irs Income · Year2022
Income Estimate$43,681
Median Household Income$31,595 (vs Virginia $92,968) median_household_income: 2 observations from 2026-04-23 to 2026-04-23
Poverty Rate25.4%

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

Economic Character

Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.

Economic Character · Workforcewhite_collar
Economic Character · Top IndustryEducation Healthcare
Economic Character · Income Levellower-income
Economic Character · Median Income$31,595

Employment & Workforce

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

Commuter Profile · Work From Home Pct5.9%
Commuter Profile · Primary Modedrove alone
Employment · Avg annual employment (county)6,056
Employment · Total annual wages (county)$378,067,736
Employment · Average annual pay$62,429
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

Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES)  ·  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 Farms9
Agriculture · Land In Farms Acres7,934
Agriculture · Avg Farm Size Acres881.60
Agriculture · Top CommoditiesCrop Totals, Fruit & Tree Nut Totals, Animal Totals, Cattle, Field Crops, Other
Agriculture · Year2022
Business Patterns · Establishments (employer count)350
Business Patterns · Total Employees4,340
Business Patterns · Annual Payroll Thousands255,342
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 · Gas Stations9
Local Businesses · General Merchandise7
Local Businesses · Used Car Dealers3
Local Businesses · Auto Repair3
Local Businesses · Funeral Homes3
Local Businesses · Commercial Banks9
Local Businesses · Insurance Agencies10
Local Businesses · Law Offices12

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 Restaurants5
Dining Scene · Fast Food10

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 (3)

TruPoint Bank
TruPoint Bank · 20089 Riverside Dr · 24614
Legacy Bank
Legacy Bank · 20957 Riverside Dr · 24614
New Peoples Bank, Inc.
GRUNDY OFFICE BRANCH · 20487 Riverside Dr · 24614

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)

Praters Too
Convenience Store · 2875 Lovers Gap Road
FOOD CITY 839
Supermarket · 18765 RIVERSIDE DR
Family Dollar 3637
Other · 1611 Lovers Gap Rd
Praters Zip In
Convenience Store · 9631 Lovers Gap Rd
Happy Mart
Convenience Store · 17713 Riverside Dr
Nearest Snap · NamePraters Too
Nearest Snap · Total In Area5

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 · NameBEDFORD AREA CHAMBER OF COMMERCE FOUNDATION INC

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$243,791,935
Federal Spending · Per Capita11,977.00 (vs Virginia $14,580)
Federal Spending · Population20,355 people (vs Virginia 42,214)

Sources: USAspending API

Other

Pct Drove Alone83.5%
Pct Walked5.9%
Retirement Score · Median age30.3 years (vs Virginia 37.8y)
Retirement Score · Ss Household Pct35.8%
Retirement Score · Hospitals Nearby1
Retirement Score · Va AccessYes
Retirement Score · Factorsstrong SS base, hospital access, VA nearby
Retirement Score · Ratinggood

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