Fieldale: Economy & Jobs

Fieldale reports a median household income of $45,114 (1.1× below Henry County median $50,760; 2.1× below Virginia median $93,170), with homes at a median value of $93,300. The surrounding county supports 15,729 jobs (avg $45,753).

Income & Affordability

Median household income $45,114 — below the Virginia median ($92,968). Poverty rate 2.4% (U.S. average ~12.5%).

Affordability · Home Price To Income2.1×
Affordability · Home Affordabilityaffordable
Affordability · Rent Pct Income20.8%
Affordability · Rent Affordabilityaffordable
Affordability · Poverty Rate2.4%
Affordability · Property Tax Pct Income1.0%
Irs Income · IRS tax returns filed$21,760
Irs Income · Total Adjusted Gross Income (thousands)$1,099,678
Irs Income · Average AGI per return$50,537 (vs Virginia $92,983)
Irs Income · Year2022
Income Estimate$49,512
Median Household Income$45,114 (vs Virginia $92,968) median_household_income: 2 observations from 2026-04-23 to 2026-04-23
Poverty Rate2.4%

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 Levelworking-class
Economic Character · Median Income$45,114

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. 11% work from home (U.S. average ~15%).

Commuter Profile · Work From Home Pct11.4%
Commuter Profile · Primary Modedrove alone
Employment · Avg annual employment (county)15,729
Employment · Total annual wages (county)$719,655,126
Employment · Average annual pay$45,753
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 Farms229
Agriculture · Land In Farms Acres5,228
Agriculture · Avg Farm Size Acres22.80
Agriculture · Top CommoditiesAnimal Totals, Crop Totals, Field Crops, Other, Tobacco, Vegetable Totals
Agriculture · Year2022
Business Patterns · Establishments (employer count)780
Business Patterns · Total Employees12,119
Business Patterns · Annual Payroll Thousands464,977
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 Stores7
Local Businesses · Convenience Stores15
Local Businesses · Liquor Stores3
Local Businesses · Gas Stations29
Local Businesses · General Merchandise22
Local Businesses · New Car Dealers6
Local Businesses · Used Car Dealers8
Local Businesses · Beauty Salons4

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 Restaurants25
Dining Scene · Fast Food32
Dining Scene · Coffee Snacks3

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 (7)

Carter Bank & Trust
LAUREL PARK BRANCH · 6142 Al Philpott Hwy · 24112
Atlantic Union Bank
220 SOUTH OFFICE · 3810 Greensboro Rd · 24148
First Horizon Bank
COLLINSVILLE II BRANCH · 3000 Virginia Ave · 24078
Truist Bank
COLLINSVILLE BRANCH · 2680 Virginia Ave · 24078
Blue Ridge Bank, National Association
Blue Ridge Bank, National Association · 1 E Market St · 24112
Woodforest National Bank
0927 MARTINSVILLE WAL-MART BRANCH · 976 Commonwealth Blvd · 24112
Martinsville First Savings Bank
Martinsville First Savings Bank · 25 W Church St · 24112

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 (3)

Dollar General 16933
Other · 1441 Dillions Fork Rd
C Mart 4
Convenience Store · 1706 Dillons Fork Rd
Rangeley 102 Mini Market & Deli
Convenience Store · 1715 Dillons Fork Rd
Nearest Snap · NameDollar General 16933
Nearest Snap · Total In Area3

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 · NameMARTINSVILLE-HENRY COUNTY CHAMBER OF COMMERCE 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$377,721,049
Federal Spending · Per Capita7,413.85 (vs Virginia $14,580)
Federal Spending · Population50,948 people (vs Virginia 42,214)

Sources: USAspending API

Other

Pct Drove Alone87.6%
Pct Walked11.4%
Retirement Score · Median age31.1 years (vs Virginia 37.8y)
Retirement Score · Ss Household Pct36.5%
Retirement Score · Va AccessYes
Retirement Score · Factorsstrong SS base, VA nearby
Retirement Score · Ratingfair

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