Big Stone Gap: Economy & Jobs

$54,581 is the median household income in Big Stone Gap (about the same as Wise County median $52,943; 1.7× below Virginia median $93,170), with homes at a median value of $163,000. The surrounding county supports 10,969 jobs (avg $46,985).

Income & Affordability

Median household income $54,581 — below the Virginia median ($92,968). Poverty rate 26.2% (U.S. average ~12.5%). 21% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).

Affordability · Home Price To Income3.0×
Affordability · Home Affordabilityaffordable
Affordability · Rent Pct Income18.1%
Affordability · Rent Affordabilityaffordable
Affordability · Pct Severely Rent Burdened21.3%
Affordability · Poverty Rate26.2%
Affordability · Property Tax Pct Income1.9%
Irs Income · IRS tax returns filed$13,300
Irs Income · Total Adjusted Gross Income (thousands)$715,487
Irs Income · Average AGI per return$53,796 (vs Virginia $92,983)
Irs Income · Year2022
Income Estimate$58,182
Median Household Income$54,581 (vs Virginia $92,968) median_household_income: 2 observations from 2026-04-23 to 2026-04-23
Poverty Rate26.2%

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$54,581

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 2.6% — below the U.S. average of ~4%. 6% work from home (U.S. average ~15%).

Commuter Profile · Work From Home Pct5.8%
Commuter Profile · Primary Modedrove alone
Employment · Avg annual employment (county)10,969
Employment · Total annual wages (county)$515,362,249
Employment · Average annual pay$46,985
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 Rate2.6% (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 Farms9
Agriculture · Land In Farms Acres10,991
Agriculture · Avg Farm Size Acres1,221.20
Agriculture · Top CommoditiesCrop Totals, Field Crops, Other, Animal Totals, Cattle, Fruit & Tree Nut Totals
Agriculture · Year2022
Business Patterns · Establishments (employer count)598
Business Patterns · Total Employees7,678
Business Patterns · Annual Payroll Thousands274,075
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 Stores8
Local Businesses · Gas Stations27
Local Businesses · General Merchandise13
Local Businesses · New Car Dealers6
Local Businesses · Used Car Dealers4
Local Businesses · Florists4
Local Businesses · Auto Repair12
Local Businesses · Funeral Homes7

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 Restaurants20
Dining Scene · Fast Food32
Dining Scene · Coffee Snacks4

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)

Truist Bank
BIG STONE GAP BRANCH · 621 Wood Ave E · 24219
Powell Valley National Bank
BIG STONE GAP BRANCH · 211 East Fifth Street · 24219

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 City 891
Supermarket · 603 Wood Ave E
BLACK DIAMOND 7
Convenience Store · 3443 Gilley Avenue East
BLACK DIAMOND 3
Convenience Store · 625 Wood Ave W
Fas Mart 415
Convenience Store · 412 Powell Valley Rd
Dollar General 14
Other · 304 E 5th St N
Nearest Snap · NameFood City 891
Nearest Snap · Total In Area13

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 · NameWISE COUNTY VIRGINIA CHAMBER OF COMMERCE

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$325,714,953
Federal Spending · Per Capita9,015.08 (vs Virginia $14,580)
Federal Spending · Population36,130 people (vs Virginia 42,214)

Sources: USAspending API

Other

Pct Drove Alone75.3%
Pct Public Transit8.9%
Pct Walked5.8%
Retirement Score · Median age41.0 years (vs Virginia 37.8y)
Retirement Score · Ss Household Pct38.5%
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