Buena Vista: Economy & Jobs

Earnings in Buena Vista center on a median $57,833 (about the same as Buena Vista city median $57,833; 1.6× below Virginia median $93,170), with homes at a median value of $156,200. The surrounding county supports 2,512 jobs (avg $51,168).

Income & Affordability

Median household income $57,833 — below the Virginia median ($92,968). Poverty rate 18.8% (U.S. average ~12.5%). 43% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).

Affordability · Home Price To Income2.7×
Affordability · Home Affordabilityaffordable
Affordability · Rent Pct Income22.1%
Affordability · Rent Affordabilityaffordable
Affordability · Pct Severely Rent Burdened42.6%
Affordability · Poverty Rate18.8%
Affordability · Property Tax Pct Income2.5%
Irs Income · IRS tax returns filed$2,730
Irs Income · Total Adjusted Gross Income (thousands)$127,479
Irs Income · Average AGI per return$46,696 (vs Virginia $92,983)
Irs Income · Year2022
Income Estimate$62,055
Median Household Income$57,833 (vs Virginia $92,968) median_household_income: 4 observations from 2026-04-23 to 2026-04-29
Poverty Rate18.8%

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 · Workforcemixed
Economic Character · Top IndustryEducation Healthcare
Economic Character · Income Levelmiddle-class
Economic Character · Median Income$57,833

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 0.8% — below the U.S. average of ~4%. 8% work from home (U.S. average ~15%).

Commuter Profile · Work From Home Pct8.1%
Commuter Profile · Primary Modedrove alone
Employment · Avg annual employment (county)2,512
Employment · Total annual wages (county)$128,524,762
Employment · Average annual pay$51,168
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 Rate0.8% (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.

Business Patterns · Establishments (employer count)104
Business Patterns · Total Employees2,039
Business Patterns · Annual Payroll Thousands71,970
Business Patterns · Year2022

Sources: 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 Stations3
Local Businesses · Full Service Restaurants5
Local Businesses · Fast Food4

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 Food4

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 (2)

City National Bank of West Virginia
BUENA VISTA BRANCH · 128 W 21st St · 24416
CornerStone Bank
BUENA VISTA BRANCH · 2235 Beech Ave · 24416

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)

Food Lion 1325
Supermarket · 2150 E Midland Trl
Dollar General 339
Other · 2146 E Midland Trl
Family Dollar 53
Other · 2717 Beech Ave
CVS Pharmacy 5514
Other · 2148 E Midland Trl
Coiner Country Store
Other · 2122 Magnolia Ave
Nearest Snap · NameFood Lion 1325
Nearest Snap · Total In Area9

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$39,627,586
Federal Spending · Per Capita5,967.11 (vs Virginia $14,580)
Federal Spending · Population6,641 people (vs Virginia 42,214)

Sources: USAspending API

Other

Pct Drove Alone76.6%
Pct Public Transit5.3%
Pct Walked8.1%
Retirement Score · Median age35.9 years (vs Virginia 37.8y)
Retirement Score · Ss Household Pct35.2%
Retirement Score · Va AccessYes
Retirement Score · Factorsstrong SS base, VA nearby
Retirement Score · Ratingfair

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