Caroline County, Virginia
Income Data
At a Glance
How Caroline County Compares
Detailed Income Statistics
Data Story
About Household Income in Caroline County, Virginia
Caroline County outearns the nation
Caroline County's median household income of $86,267 exceeds the national median of $74,755 by 15%. The county ranks among higher-income communities nationwide, driven by proximity to Richmond's employment and a strong commercial corridor.
Above Virginia's average, strong performer
At $86,267, Caroline County earns $11,000 more than Virginia's median of $74,957, placing it in the upper tier of the state's counties. The per capita income of $38,847 approaches the state average of $39,155, suggesting relatively even income distribution.
Regional income leader
Caroline County's $86,267 median significantly outpaces all neighboring counties: Buckingham ($59,199), Campbell ($62,608), and Charles City ($70,339). It ranks as the clear economic leader in this central Virginia cluster.
Higher costs offset strong incomes
Caroline County's rent-to-income ratio of 16.7% remains manageable, though the median home value of $283,100 reflects appreciation tied to its economic strength. Higher incomes effectively cover the higher property costs characteristic of growing suburban areas.
Maximize wealth-building opportunities now
Caroline County's above-average income positions households well for aggressive savings and investment. Maximize retirement contributions, diversify investments, and consider real estate or small business opportunities to continue building intergenerational wealth.
Frequently Asked Questions
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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.