Groundwork

Real estate · County · Virginia

Property management companies in Hanover County, VA

The property management companies in Hanover County, VA, the household spending behind them and how the market ranks against other counties.

Groundwork market score · out of 100

Score 77 out of 100: High

Ranked #54 of 910 scored counties
#2 of 40 scored counties in Virginia

Listings
8
1 chain location (13%)
Official establishments
15
Businesses with payroll, 2023
Household spending a year
$758.5M
On rent and homeowner costs · $17,767 a household
Housing spending per listing (U.S. = 100)
171
71% above the U.S.
Listings per 10k households
1.9
37% below the U.S.
Population, 2025
116,423
+5.6% since 2020

See the property management companies around any address in Hanover County

The site report maps the property management companies 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 Hanover County. Signed out, you see a blurred preview; on an account, each report is one action.

Free10 actions over 3 days, no card

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

What this means

The Groundwork market score for property management companies in Hanover County is 77 (high), #54 of 910 scored counties and #2 of 40 scored counties in Virginia. That puts it in the top 10% of counties for property management companies.

Map listings as of September 2026 show 8 property management companies in Hanover County. One of them (13%) is a chain location, against 4% across the U.S. That comes to 1.9 for every 10,000 households, 37% below the U.S. rate of 3.0.

Household spending on rent and homeowner costs in Hanover County comes to about $758.5M a year: $17,767 per household, 7% above the U.S. average. Housing spending per company is 71% above the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money property management companies take in.

In 2023, official counts showed 15 businesses with payroll in Hanover County classed as residential and commercial property managers. That is one for every 2,846 households, against one for every 1,638 across the U.S. Population estimates put the population change in Hanover County from 2020 to 2025 at +5.6%, faster than the U.S. (+3.1%).

How Hanover County compares

The same measures for Virginia and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.

Property management in Hanover County, VA compared with Virginia and the U.S.
MeasureHanover CountyVirginiaU.S.
Listings per 10k households1.92.93.0
Housing spending per listing (U.S. = 100)171105100
Households per official establishment2,8461,7871,638
Official establishment growth, 2019–2023n/a+9.4%+11.4%
Population growth, 2020–2025+5.6%+2.8%+3.1%
Spending per household on rent and homeowner costs$17,767$16,844$16,661
Median household income$112,805$93,170$80,734
Groundwork market score7752

Official counts and lending

Businesses

Official establishments, 2019 to 2023
9 → 15
Employees, 2023
26
Annual payroll, 2023
$1.4M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
81 chain location
Listings at the U.S. rate for this spending
14The 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 residential and commercial property managers in Hanover County, 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 Hanover County

Population, 2025 estimate
116,423+5.6% since 2020
Households
42,688
Median age
43.4
Homes lived in by their owners
82%
Vehicles per household
2.3
Land area
468 sq. mi.
People per square mile
241
Median household income
$112,805+26.2% vs. 2015–2019, before inflation
Average household income
$139,805
Median home value
$400,400
Jobs located here
61,897
Daytime population
116,596Residents who don’t work, plus everyone whose job is here

Looking at a specific site in Hanover County?

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 property management companies on map listings by name and distance.

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

Free10 actions over 3 days, no card

Property management across Virginia

Every Virginia market ranked →

The highest-scoring counties in Virginia for property management companies, numbered among those based in Virginia, with Hanover County marked.

Top counties in Virginia

Counties in Virginia ranked for property management companies by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Stafford County, VA82132.5142+8.3%#20 of 910
2Hanover County, VA7781.9171+5.6%#54 of 910
3Loudoun County, VA77342.4166+6.4%#56 of 910
4Chesterfield County, VA76211.5207+8.7%#63 of 910
5Rockingham County, VA7651.5182+6.6%#66 of 910
6Suffolk city, VA7671.8159+10.4%#68 of 910
7Prince William County, VA76362.3152+4.2%#69 of 910
8Frederick County, VA7572.0154+8.8%#85 of 910
9Spotsylvania County, VA70163.0104+10.5%#148 of 910
10Chesapeake city, VA68141.5201+2.3%#154 of 910

Other business types in Hanover County

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many property management companies are in Hanover County, VA?

There are 8 property management companies on map listings in Hanover County as of September 2026. One of them (13%) is a chain location. The listings count property management companies. Official counts show 15 businesses with payroll classed as residential and commercial property managers in 2023.

How much do households in Hanover County, VA spend on rent and homeowner costs?

About $758.5M a year, or $17,767 per household. That is 7% above the U.S. average (an index of 107, where 100 is the U.S. average). For the 8 property management companies on map listings, housing spending per company is 71% above the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money property management companies take in. It is estimated from the incomes of the 42,688 households in Hanover County and national spending patterns by income.

How does Hanover County, VA compare with the U.S. for property management companies?

Hanover County has 1.9 property management companies per 10,000 households, 37% below the U.S. rate of 3.0. The index of housing spending per company is 171, where 100 is the U.S. At the national ratio of property management companies to household spending, Hanover County would have about 14, against 8 on map listings. There is one business with payroll in the industry for every 2,846 households, against one for every 1,638 across the U.S.

How fast is Hanover County, VA growing?

Population estimates put Hanover County at 116,423 people in 2025, up 5.6% since 2020, faster than the U.S. (+3.1%). It has 42,688 households. The median household income in Hanover County is $112,805 a year, 40% above the U.S. median of $80,734. That rose 26.2% from the 2015–2019 survey, before inflation.

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. Hanover County scores 77 for property management companies (high), #54 of 910 scored counties.

How can I see the market around a specific site?

Run a Groundwork site report on an address in Hanover County. It maps the property management companies 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 property management companies · All 56 business types in Hanover County

Screening a site or an acquisition in Hanover County?

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 Hanover County. 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.