Bluefield: Economy & Jobs

Earnings in Bluefield center on a median $54,041 (1.1× higher than Tazewell County median $47,313; 1.7× below Virginia median $93,170), with homes at a median value of $152,500. The surrounding county supports 13,713 jobs (avg $44,784).

Income & Affordability

Median household income $54,041 — below the Virginia median ($92,968). Poverty rate 15.6% (U.S. average ~12.5%). 39% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).

Affordability · Home Price To Income2.8×
Affordability · Home Affordabilityaffordable
Affordability · Rent Pct Income18.2%
Affordability · Rent Affordabilityaffordable
Affordability · Pct Severely Rent Burdened39.3%
Affordability · Poverty Rate15.6%
Affordability · Property Tax Pct Income1.8%
Irs Income · IRS tax returns filed$15,360
Irs Income · Total Adjusted Gross Income (thousands)$938,398
Irs Income · Average AGI per return$61,094 (vs Virginia $92,983)
Irs Income · Year2022
Income Estimate$60,964
Median Household Income$54,041 (vs Virginia $92,968) median_household_income: 2 observations from 2026-04-23 to 2026-04-23
Poverty Rate15.6%

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$54,041

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 1.8% — below the U.S. average of ~4%. 8% work from home (U.S. average ~15%).

Commuter Profile · Mean Commute Min28.90
Commuter Profile · Work From Home Pct8.1%
Commuter Profile · Profilemoderate commute
Employment · Avg annual employment (county)13,713
Employment · Total annual wages (county)$614,136,395
Employment · Average annual pay$44,784
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 Rate1.8% (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 Farms138
Agriculture · Land In Farms Acres120,317
Agriculture · Avg Farm Size Acres871.90
Agriculture · Top CommoditiesAnimal Totals, Cattle, Crop Totals, Field Crops, Other, Milk
Agriculture · Year2022
Business Patterns · Establishments (employer count)896
Business Patterns · Total Employees11,043
Business Patterns · Annual Payroll Thousands457,026
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 Stores6
Local Businesses · Liquor Stores3
Local Businesses · Gas Stations28
Local Businesses · General Merchandise19
Local Businesses · Electronics Stores3
Local Businesses · New Car Dealers6
Local Businesses · Used Car Dealers11
Local Businesses · Beauty Salons5

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 Restaurants29
Dining Scene · Fast Food33

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 (9)

Truist Bank
BLUEFIELD BRANCH · 502 Commerce Dr · 24605
Woodforest National Bank
0948 BLUEFIELD WAL-MART BRANCH · 4001 College Ave · 24605
New Peoples Bank, Inc.
BLUEFIELD OFFICE BRANCH · 514 Commerce Dr · 24605
First Community Bank
RIDGEVIEW PLAZA BRANCH · 101 Sanders Lane · 24605
Burke & Herbert Bank & Trust Company
SPRUCE STREET BRANCH · 108 Spruce St · 24605
The National Bank of Blacksburg
BLUEFIELD BRANCH · 511 Virginia Ave · 24605
First Sentinel Bank
BLUEFIELD BRANCH · 801 S College Ave · 24605
The National Bank of Blacksburg
WESTGATE BRANCH · 2070 Leatherwood Ln · 24605
First Community Bank
First Community Bank · 29 College Dr · 24605

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)

Walmart Supercenter 1763
Super Store · 4001 College Ave
Food City 852
Supermarket · 1000 Leatherwood Ln
Dollar General Market 9817
Super Store · 2036 Leatherwood Ln
Dollar Tree 1914
Other · 4015 College Ave
Sam's Club 6569
Super Store · 601 Commerce Dr
Nearest Snap · NameWalmart Supercenter 1763
Nearest Snap · Total In Area12

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$359,972,708
Federal Spending · Per Capita8,903.82 (vs Virginia $14,580)
Federal Spending · Population40,429 people (vs Virginia 42,214)

Sources: USAspending API

Other

Pct Drove Alone81.0%
Pct Public Transit1.4%
Pct Walked8.1%
Retirement Score · Median age42.2 years (vs Virginia 37.8y)
Retirement Score · Ss Household Pct39.6%
Retirement Score · Hospitals Nearby2
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