Charlottesville city, Virginia
Income Data
At a Glance
How Charlottesville city Compares
Detailed Income Statistics
Data Story
About Household Income in Charlottesville city, Virginia
Charlottesville moderately below national income
Charlottesville's median household income of $69,829 trails the national median of $74,755 by 7%. The city's above-average per capita income of $48,395 reflects a diverse workforce anchored by the University of Virginia and professional services.
Below Virginia average but affluent core
Charlottesville's $69,829 median household income is about $5,000 below Virginia's average of $74,957. However, the per capita income of $48,395 significantly exceeds Virginia's $39,155, indicating concentrations of highly educated, high-earning professionals.
Mid-range income in regional context
Charlottesville's $69,829 median falls between Campbell County ($62,608) and Caroline County ($86,267). The city earns substantially more than Charlotte ($48,892) and Buena Vista ($54,458), reflecting its role as a regional economic hub.
Housing costs strain even strong incomes
Charlottesville's rent-to-income ratio of 25.0% approaches the alert threshold, indicating housing costs consume one-quarter of median income. The median home value of $448,400 is nearly triple the state average, reflecting gentrification and university-driven demand.
Navigate high costs with smart planning
Charlottesville's high housing costs challenge even above-average earners, but the city's educated workforce has strong income-growth potential. Focus on negotiating competitive salaries, exploring employer benefits and stock options, and seeking creative housing solutions like co-investments or shared ownership models.
Frequently Asked Questions
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County median: $69,829 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 ($5,819) vs. median rent ($1,453/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.