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Washington County, VA

Madison

RANK #568 / 996 NAT  ·  #11 / 37 VA  ·  POP 53,985

1YR FORECAST: +1.8%

5YR OUTLOOK: +22%

Washington County's housing market is projected to grow +1.8% over the next year, below the national average.

[01] Why Washington County?

Washington County, Virginia, is often recognized for Damascus, known as "Trail Town USA," where seven national trails, including the Appalachian Trail and the Virginia Creeper Trail, converge. Located in Southwest Virginia, the county is surrounded by the Blue Ridge Mountains, offering a rural setting with access to outdoor recreation like hiking, biking, fishing, and river activities. Abingdon, the county seat, is a cultural hub with a historic district, the Barter Theatre, and Emory & Henry College. Commuting within the county and to nearby Bristol is generally manageable, with Interstate 81 running through its central valley.

Life in Washington County offers a blend of rural charm and community focus, attracting families, retirees, and remote workers seeking a slower pace. The public school system is above average, with four high schools and several elementary and middle schools. The economy is supported by agriculture, with over 1,600 farms, and a growing tourism sector driven by its outdoor attractions and historic sites. Recent economic developments include plans for new industrial parks and a proposed inland port at Oak Park Center for Business and Industry, which could bring new jobs and connect the region to the Port of Virginia.

[02] Market Snapshot

Housing Ratio
9.9x

Overvalued relative to economy

Home Prices
+0.1%

Well below national median

Climate & Terrain
-0.2

Below-average climate & terrain

Price/Rent
19x

Above national median (13x)

Housing looks overvalued at 9.9x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Food City (K-VA-T Food Stores) Retail
    1,000+
  2. 2
    Washington County Virginia School System Education
  3. 3
    Bristol Compressors International Manufacturing
  4. 4
    Johnston Memorial Hospital Healthcare
    500+
  5. 5
    Mid-Mountain Foods Logistics
  6. 6
    Universal Fibers Inc. Manufacturing
    250+
  7. 7
    Utility Trailer of Glade Spring Manufacturing
  8. 8
    Columbus McKinnon Corporation Manufacturing
    100+
  9. 9
    HAPCO Aluminum Poles Manufacturing
  10. 10
    Paramont Manufacturing Manufacturing

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Washington County U.S. National

The Numbers

DEMOGRAPHICS
Population
53,985
-0.02% YoY
Median Household Income
$59,116
Median Home Value
$181,000
+0.13% 12mo
Median Rent
$796
Average Annual Pay
$48,472
+3.9% YoY
Employment
20,425
+2.2% YoY
Income-to-Home-Value
0.3266
More affordable than average
Migration Inflow
3.17%
of pop. from another state
Bachelor's Degree+
24.6%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$240,000
Days on Market
43
Moderate pace
Months of Supply
9.4
Buyer's market
Sale-to-List Ratio
94.4%
Negotiation room for buyers
Sold Above List
11.1%
Listings w/ Price Drops
19.5%
Building Permits (2024)
106
Single-Family Permits
104

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

B
SAFETY
GRADE
Homicide Rate
3.2
per 100K · nat avg 6.3
Firearm Fatalities
15.6
per 100K · nat avg 14.8
Injury Deaths
92.8
per 100K · nat avg 76.3
vs National Average
Below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Score Breakdown

Population Growth -0.0% 29 percentile
Income Growth +8.0% 36 percentile
Vacancy Rate 1.0% 57 percentile
Home Price Change +0.1% 32 percentile
Price/Rent 19x 12 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Washington County, VA a good place to move to?

Washington County scores 42/100 on the Boom Town Index, landing in the middle of the pack among 996 U.S. counties (#568). Median household income is $59,116 and job growth is running at +2.2%. The data points to a county with mixed signals — some positive indicators alongside areas that lag faster-growing peers.

Is Washington County affordable?

Housing in Washington County is roughly in line with national affordability norms. The median home costs $181,000 and the income-to-home-value ratio sits at 0.33, with rents averaging $796/month. Not a bargain, but not a stretch for most local earners either.

Is Washington County growing or shrinking?

Employers in Washington County are hiring — job growth of +2.2% — but the population is close to flat (-0.0% YoY). Home values moved +0.1% over the past year. Labor demand is outpacing local population growth, which tends to tighten wages and housing.

Are people moving to Washington County?

There's a moderate stream of newcomers. About 3.17% of residents moved from another state, which is above average and suggests Washington County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[08] Similar Counties by Size & Score

Campbell County, VA 42 Henry County, VA 41 Bedford County, VA 40 Frederick County, VA 40 Harrisonburg city, VA 39 Spotsylvania County, VA 38 McKinley County, NM 42 Watauga County, NC 43