Buena Vista city, Virginia
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Buena Vista city Compares
Detailed Income Statistics
Income Advisory: Buena Vista city
Income Verdict
Buena Vista city has a median household income of $54,458 and per capita income of $33,175 — a gap of $21,283, suggesting a higher share of single-earner or non-family households.
Housing Affordability
With median gross rent at $1,067/month and a median household income of $54,458, rent consumes approximately 23.5% of monthly income — well within affordable thresholds.
Economic Context
With a median household income of $54,458, residents of Buena Vista city likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $33,175 is in line with national norms for individual earners.
Neighbor Context
Buena Vista city earns approximately 27.3% below the Virginia state median household income of $74,957.
Data Story
About Household Income in Buena Vista city, Virginia
Buena Vista earns below national average
Buena Vista's median household income of $54,458 is 27% lower than the national median of $74,755. The city ranks among lower-income communities nationally, reflecting limited economic diversity and regional labor market challenges.
Among Virginia's lowest-income communities
At $54,458, Buena Vista falls significantly below Virginia's median income of $74,957—a gap of $20,000. The city's per capita income of $33,175 exceeds some rural counties but trails the state average of $39,155.
Lowest among nearby peers
Buena Vista's $54,458 median is notably lower than Campbell County ($62,608) and Buckingham County ($59,199). Only Charlotte County ($48,892) earns less in this central Virginia region.
Rental costs strain household budgets
Buena Vista's rent-to-income ratio of 23.5% approaches the concerning 30% threshold, indicating housing costs consume nearly a quarter of median income. The median home value of $153,500 is modest, but affordability pressures remain for renters.
Protect your financial future now
With rental costs running high, prioritize building an emergency fund and minimizing debt where possible. Explore employer retirement benefits, seek out free or low-cost financial counseling, and research down-payment assistance programs if homeownership is a goal.
Frequently Asked Questions
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Income Comparison Calculator
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County median: $54,458 per year
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vs. State Average
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vs. National Median
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Income Adequacy
Your monthly income ($4,538) vs. median rent ($1,067/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.