Craig County, Virginia

Income Data

-10% vs. Virginia average
$67,778
Median Household Income
$34,122
Per Capita Income

At a Glance

Median Household Income
$67,778
-10% vs. state avg
Per Capita Income
$34,122
-14% vs. national
Income-to-Housing Ratio
32.2%
income as % of home value
Rank in Virginia
#63 / 133
by median household income

How Craig County Compares

Craig County$67,778
Virginia Average$74,957
National Median$74,755

Detailed Income Statistics

$67,778
Median Household Income
$34,122
Per Capita Income
$210,500
Median Home Value
32.2%
Income-to-Housing Ratio

Data Story

About Household Income in Craig County, Virginia

Craig County lags national income levels

Craig County's median household income of $67,778 falls 9% below the national median of $74,755, representing a $6,977 disadvantage. The county's rural economy generates incomes below the U.S. benchmark.

Below-average earners in Virginia

Craig County's $67,778 median household income ranks below Virginia's state average of $74,957 by $7,179, placing it in the lower income tier statewide. Rural composition and limited employment diversity contribute to this gap.

Moderate income in rural context

Craig County's $67,778 median income exceeds Cumberland ($57,057) and Covington ($42,724) but trails Clarke ($114,185), Culpeper ($96,098), and Chesterfield ($98,910). Median home values of $210,500 reflect an affordable rural market.

Excellent housing affordability despite lower wages

Craig County's rent-to-income ratio of 12.9% is the second-lowest in Virginia, meaning residents dedicate minimal income to housing despite modest earnings. Median home values of $210,500 are highly accessible to the median household.

Maximize savings in affordable county

Craig County's per capita income of $34,122 and exceptionally low housing costs create opportunity to save and invest beyond survival expenses. Focus on maximizing retirement contributions, building emergency reserves, and exploring side income streams to accelerate wealth growth.

Frequently Asked Questions

What is the median household income in Craig County, Virginia?
The median household income in Craig County, Virginia is $67,778, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in Craig County?
The per capita income in Craig County is $34,122, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $67,778.
How does Craig County compare to the Virginia average?
Craig County's median household income of $67,778 is lower than the Virginia state average of $74,957. The per capita income is $34,122, compared to the state average of $39,155.
What is the per capita income in Craig County, Virginia?
The per capita income in Craig County, Virginia is $34,122, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Is Craig County a low-income area in Virginia?
Craig County's median household income of $67,778 is below the Virginia average of $74,957. The per capita income of $34,122 is also lower than the state average of $39,155. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Craig County rank for income in Virginia?
Craig County ranks #63 out of 133 counties in Virginia by median household income (1 = highest). With a median household income of $67,778 and per capita income of $34,122, it falls in the middle third of counties statewide.

Income Comparison Calculator

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County median: $67,778 per year

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vs. State Average

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vs. National Median

-9%

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vs. National Median9% below

Income Adequacy

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Your monthly income ($5,648) vs. median rent ($728/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.