Buena Vista city, Virginia
Income Data
At a Glance
How Buena Vista city Compares
Detailed Income Statistics
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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Your income is above the Buena Vista city median
County median: $54,458 per year
vs. County Median
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vs. State Average
-27%
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.