Galax city, Virginia

Income Data

-45% vs. Virginia average
$41,438
Median Household Income
$31,429
Per Capita Income

At a Glance

Median Household Income
$41,438
-45% vs. state avg
Per Capita Income
$31,429
-20% vs. national
Income-to-Housing Ratio
32.7%
income as % of home value
Rank in Virginia
#132 / 133
by median household income

How Galax city Compares

Galax city$41,438
Virginia Average$74,957
National Median$74,755

Detailed Income Statistics

$41,438
Median Household Income
$31,429
Per Capita Income
$126,800
Median Home Value
32.7%
Income-to-Housing Ratio

Data Story

About Household Income in Galax city, Virginia

Galax faces significant income challenges

Galax's median household income of $41,438 is 44% below the national median of $74,755, ranking among the lowest-income communities in the nation. Like many Appalachian cities, Galax struggles with economic transition and job losses from manufacturing decline.

Galax ranks lowest in Virginia

Galax's median household income of $41,438 trails Virginia's state average of $74,957 by 45%, making it the lowest-earning municipality in this analysis. Per capita income of $31,429 is 20% below the state average.

Galax earns far less than comparison areas

Galax households earn $19,687 less annually than Franklin city ($65,125) and $26,910 less than Franklin County ($68,348). Only modest median home values of $126,800 provide any relief from broader economic stress.

Housing affordability at critical stress level

At 20.0%, Galax's rent-to-income ratio approaches the severe affordability stress threshold, with many households spending over one-fifth of earnings on housing alone. Economic hardship is widespread, and residents face tough tradeoffs between housing and other necessities.

Focus on income growth and stability

Galax residents earning $41,438 annually should prioritize stable employment, skill development, and education to increase earning potential. Community resources, workforce development programs, and local nonprofits can offer support for financial stability and pathways to higher-wage employment.

Frequently Asked Questions

What is the median household income in Galax city, Virginia?
The median household income in Galax city, Virginia is $41,438, 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 Galax city?
The per capita income in Galax city is $31,429, 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 $41,438.
How does Galax city compare to the Virginia average?
Galax city's median household income of $41,438 is lower than the Virginia state average of $74,957. The per capita income is $31,429, compared to the state average of $39,155.
What is the per capita income in Galax city, Virginia?
The per capita income in Galax city, Virginia is $31,429, 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 Galax city a low-income area in Virginia?
Galax city's median household income of $41,438 is below the Virginia average of $74,957. The per capita income of $31,429 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 Galax city rank for income in Virginia?
Galax city ranks #132 out of 133 counties in Virginia by median household income (1 = highest). With a median household income of $41,438 and per capita income of $31,429, it falls in the bottom third of counties statewide.

Income Comparison Calculator

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County median: $41,438 per year

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vs. State Average

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vs. National Median

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vs. National Median45% below

Income Adequacy

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Your monthly income ($3,453) vs. median rent ($692/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.