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Insurance agencies in Galax city, VA

How Galax city, VA compares with other counties and the U.S. for insurance agencies: competitors, household spending, official counts and growth.

Groundwork market score

Not scored

Counties under 10,000 people aren’t scored, since a few businesses can swing their figures.

Listings
15
2 chain locations (13%)
Official establishments
5
Businesses with payroll, 2023
Household spending a year
$5.8M
On vehicle insurance · $2,101 a household
Spending per listing
$387K
69% below the U.S.
Listings per 10k households
54.3
3.5 times the U.S.
Population, 2025
6,670
−0.7% since 2020

See the insurance agencies around any address in Galax city

The site report maps the insurance agencies on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of Galax city. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

Household spending on vehicle insurance in Galax city comes to about $5.8M a year: $2,101 per household, 7% above the U.S. average. That is about $387K of household spending for each agency on map listings, 69% below the U.S. figure of $1.3M.

There are 15 insurance agencies on map listings in Galax city as of September 2026. 2 of them (13%) are chain locations, against 21% across the U.S. Per 10,000 households, that is 54.3, 3.5 times the U.S. rate of 15.6.

Official counts show 5 businesses with payroll classed as insurance agencies and brokerages in Galax city in 2023. That is one for every 553 households, against one for every 966 across the U.S.

Population estimates show Galax city declined 0.7% from 2020 to 2025, against +3.1% for the U.S. Counties under 10,000 people aren’t given a market score, since a few businesses can swing their figures.

How Galax city compares

The same measures for Virginia and the whole U.S. Spending per listing divides a year of household spending on all vehicle insurance by the insurance agencies counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Insurance agencies in Galax city, VA compared with Virginia and the U.S.
MeasureGalax cityVirginiaU.S.
Listings per 10k households54.312.515.6
Spending per listing$387K$2M$1.3M
Households per official establishment5531,234966
Official establishment growth, 2019–2023n/a−7.4%−1.0%
Population growth, 2020–2025−0.7%+2.8%+3.1%
Spending per household on vehicle insurance$2,101$2,545$1,957
Median household income$38,675$93,170$80,734
Groundwork market scoreNot scored83

Official counts and lending

Businesses

Official establishments, 2019 to 2023
7 → 5
Employees, 2023
17
Annual payroll, 2023
$699K
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
152 chain locations
Listings at the U.S. rate for this spending
5The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
0
Amount
$0

SBA-backed loans to businesses classed as insurance agencies and brokerages in Galax city, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in Galax city

Population, 2025 estimate
6,670−0.7% since 2020
Households
2,763
Median age
42.9
Homes lived in by their owners
56%
Vehicles per household
1.6
Land area
8 sq. mi.
People per square mile
817
Median household income
$38,675
Average household income
$71,061
Median home value
$141,300
Jobs located here
5,712
Daytime population
9,892Residents who don’t work, plus everyone whose job is here

Looking at a specific site in Galax city?

These figures cover the whole county. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the insurance agencies on map listings by name and distance.

Or open the report at the center of Galax city. Signed out, you see a blurred preview; on an account, each report is one action.

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Insurance agencies across Virginia

Every Virginia market ranked →

The highest-scoring counties in Virginia for insurance agencies, numbered among those based in Virginia, with Galax city marked.

Top counties in Virginia

Counties in Virginia ranked for insurance agencies by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Louisa County, VA98106.4$5M+13.6%#1 of 2,272
2Stafford County, VA97265.0$6.1M+8.3%#3 of 2,272
3King William County, VA9768.2$3.9M+9.5%#5 of 2,272
4King George County, VA9698.9$3.4M+10.5%#10 of 2,272
5Rockingham County, VA95164.9$6.2M+6.6%#13 of 2,272
6Frederick County, VA95226.2$4.7M+8.8%#15 of 2,272
7Orange County, VA95117.4$4M+10.1%#17 of 2,272
8Spotsylvania County, VA95448.4$3.6M+10.5%#19 of 2,272
9Dinwiddie County, VA9465.6$5.8M+3.6%#22 of 2,272
10Caroline County, VA9475.8$5.3M+11.3%#23 of 2,272
Galax city, VANot scored1554.3$387K−0.7%

Other business types in Galax city

None has a Groundwork market score here. Counties under 10,000 people aren’t scored, since a few businesses can swing their figures.

Questions

How many insurance agencies are in Galax city, VA?

As of September 2026, map listings count 15 insurance agencies in Galax city. 2 of them (13%) are chain locations. The listings count insurance agencies. Official counts show 5 businesses with payroll classed as insurance agencies and brokerages in 2023.

How much do households in Galax city, VA spend on vehicle insurance?

About $5.8M a year, or $2,101 per household. That is 7% above the U.S. average (an index of 107, where 100 is the U.S. average). Spread across the 15 insurance agencies on map listings, it comes to $387K per agency. It is estimated from the incomes of the 2,763 households in Galax city and national spending patterns by income.

How does Galax city, VA compare with the U.S. for insurance agencies?

Galax city has 54.3 insurance agencies per 10,000 households, 3.5 times the U.S. rate of 15.6. Spending per agency is $387K, 69% below the U.S. figure of $1.3M. At the U.S. ratio of insurance agencies to household spending, Galax city would have about 5, against 15 on map listings. There is one business with payroll in the industry for every 553 households, against one for every 966 across the U.S.

How fast is Galax city, VA growing?

Population estimates put Galax city at 6,670 people in 2025, down 0.7% since 2020, against +3.1% for the U.S. It has 2,763 households. Median household income in Galax city is $38,675, 52% below the U.S. median of $80,734.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The score leaves out counties under 10,000 people, where a handful of businesses would swing it.

How can I see the market around a specific site?

Run a Groundwork site report on an address in Galax city. It maps the insurance agencies on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for insurance agencies · All 56 business types in Galax city

Screening a site or an acquisition in Galax city?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of Galax city. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.