Stuart: Economy & Jobs

Stuart reports a median household income of $45,625 (1.2× below Patrick County median $53,038; 2.0× below Virginia median $93,170), with homes at a median value of $182,500. The surrounding county supports 4,110 jobs (avg $40,000).

Income & Affordability

Median household income $45,625 — below the Virginia median ($92,968). Poverty rate 20.1% (U.S. average ~12.5%). 27% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).

Affordability · Home Price To Income4.0×
Affordability · Home Affordabilitymoderate
Affordability · Rent Pct Income14.8%
Affordability · Rent Affordabilityaffordable
Affordability · Pct Severely Rent Burdened26.6%
Affordability · Poverty Rate20.1%
Affordability · Property Tax Pct Income2.1%
Irs Income · IRS tax returns filed$7,410
Irs Income · Total Adjusted Gross Income (thousands)$416,073
Irs Income · Average AGI per return$56,150 (vs Virginia $92,983)
Irs Income · Year2022
Income Estimate$47,289
Median Household Income$45,625 (vs Virginia $92,968) median_household_income: 2 observations from 2026-04-23 to 2026-04-23
Poverty Rate20.1%

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 · Workforceservice_economy
Economic Character · Top IndustryEducation Healthcare
Economic Character · Income Levelworking-class
Economic Character · Median Income$45,625

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 2.8% — below the U.S. average of ~4%. 10% work from home (U.S. average ~15%).

Commuter Profile · Mean Commute Min21.70
Commuter Profile · Work From Home Pct9.7%
Commuter Profile · Profileshort commute
Employment · Avg annual employment (county)4,110
Employment · Total annual wages (county)$164,400,340
Employment · Average annual pay$40,000
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 Rate2.8% (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.

Agriculture · Total Farms12
Agriculture · Land In Farms Acres2,470
Agriculture · Avg Farm Size Acres205.80
Agriculture · Top CommoditiesAnimal Totals, Crop Totals, Cattle, Fruit & Tree Nut Totals, Field Crops, Other
Agriculture · Year2022
Business Patterns · Establishments (employer count)265
Business Patterns · Total Employees3,035
Business Patterns · Annual Payroll Thousands110,042
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 · Convenience Stores5
Local Businesses · Gas Stations10
Local Businesses · General Merchandise4
Local Businesses · Auto Repair5
Local Businesses · Commercial Banks4
Local Businesses · Insurance Agencies5
Local Businesses · Physician Offices3
Local Businesses · Dental Offices3

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 Restaurants9
Dining Scene · Fast Food9

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)

Carter Bank & Trust
STUART BRANCH · 125 E Blue Ridge St · 24171
First Community Bank
STUART BRANCH · 940 Woodland Dr · 24171
First Horizon Bank
PATRICK COUNTY BRANCH · 114 W Blue Ridge St · 24171
Truist Bank
STUART BRANCH · 100 Stonewall Court · 24171

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 7106
Other · 302 S Main St
Walmart 3770
Super Store · 19265 Jeb Stuart Hwy
Circle K - Critz #206
Convenience Store · 25652 Jeb Stuart Hwy
CVS Pharmacy CVS11320
Other · 301B S Main St
Wood's Cold Storage & Supply Llc
Farmers and Markets · 3720 Woolwine Hwy
Nearest Snap · NameDOLLAR GENERAL 7106
Nearest Snap · Total In Area10

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 · NamePATRICK COUNTY CHAMBER OF COMMERCE INCORPORATED

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$144,212,667
Federal Spending · Per Capita8,190.18 (vs Virginia $14,580)
Federal Spending · Population17,608 people (vs Virginia 42,214)

Sources: USAspending API

Other

Pct Drove Alone63.7%
Pct Walked9.7%
Retirement Score · Median age44.5 years (vs Virginia 37.8y)
Retirement Score · Ss Household Pct43.6%
Retirement Score · Va AccessYes
Retirement Score · Factorsolder population, strong SS base, VA nearby
Retirement Score · Ratinggood

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