Kilmarnock: Economy & Jobs

$40,234 is the median household income in Kilmarnock (1.7× below Lancaster County median $69,713; 2.3× below Virginia median $93,170), with homes at a median value of $282,400. The surrounding county supports 4,793 jobs (avg $51,518).

Income & Affordability

Median household income $40,234 — below the Virginia median ($92,968). Poverty rate 23.1% (U.S. average ~12.5%). 45% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).

Affordability · Home Price To Income7.0×
Affordability · Home Affordabilityexpensive
Affordability · Rent Pct Income17.4%
Affordability · Rent Affordabilityaffordable
Affordability · Pct Severely Rent Burdened44.9%
Affordability · Poverty Rate23.1%
Affordability · Property Tax Pct Income3.3%
Irs Income · IRS tax returns filed$5,870
Irs Income · Total Adjusted Gross Income (thousands)$565,241
Irs Income · Average AGI per return$96,293 (vs Virginia $92,983)
Irs Income · Year2022
Income Estimate$36,118
Median Household Income$40,234 (vs Virginia $92,968) median_household_income: 2 observations from 2026-04-23 to 2026-04-23
Poverty Rate23.1%

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$40,234

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 1.1% — below the U.S. average of ~4%. 12% work from home (U.S. average ~15%).

Commuter Profile · Work From Home Pct12.0%
Commuter Profile · Primary Modedrove alone
Employment · Avg annual employment (county)4,793
Employment · Total annual wages (county)$246,940,625
Employment · Average annual pay$51,518
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 Rate1.1% (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 Farms21
Agriculture · Land In Farms Acres5,168
Agriculture · Avg Farm Size Acres246.10
Agriculture · Top CommoditiesCrop Totals, Grain, Corn, Soybeans, Animal Totals
Agriculture · Year2022
Business Patterns · Establishments (employer count)458
Business Patterns · Total Employees4,284
Business Patterns · Annual Payroll Thousands191,487
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 Stores4
Local Businesses · Liquor Stores3
Local Businesses · Gas Stations9
Local Businesses · General Merchandise3
Local Businesses · Florists3
Local Businesses · Beauty Salons7
Local Businesses · Auto Repair10
Local Businesses · Real Estate Offices10

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 Restaurants18
Dining Scene · Fast Food8
Dining Scene · Coffee Snacks5

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 (5)

Chesapeake Bank
WWW.CLEARSKYACCOUNTS.COM · 35 School St · 22482
Woodforest National Bank
0965 KILMARNOCK WALMART BRANCH · 200 Old Fair Grounds Way · 22482
Chesapeake Bank
Chesapeake Bank · 97 N Main St · 22482
Atlantic Union Bank
KILMARNOCK BRANCH · 284 N Main St · 22482
Blue Ridge Bank, National Association
KILMARNOCK BRANCH · 100 S Main St · 22482

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)

CVS PHARMACY 7557
Other · 100 James B. Jones Memorial Hwy
Food Lion 372
Supermarket · 424 N Main St
Walmart 4350
Super Store · 200 OLD FAIRGROUNDS WAY
Walgreens 11381
Other · 573 N Main St
Dollar Tree 3843
Other · 100 Old Fairgrounds Way
Nearest Snap · NameCVS PHARMACY 7557
Nearest Snap · Total In Area8

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 · NameLANCASTER 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$125,004,737
Federal Spending · Per Capita11,448.37 (vs Virginia $14,580)
Federal Spending · Population10,919 people (vs Virginia 42,214)

Sources: USAspending API

Other

Pct Drove Alone77.8%
Pct Public Transit0.7%
Pct Walked12.0%
Retirement Score · Median age62.9 years (vs Virginia 37.8y)
Retirement Score · Ss Household Pct57.2%
Retirement Score · Hospitals Nearby1
Retirement Score · Va AccessYes
Retirement Score · Factorsolder population, strong SS base, hospital access, VA nearby
Retirement Score · Ratingexcellent

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