Gloucester County, Virginia
Income Data
At a Glance
How Gloucester County Compares
Detailed Income Statistics
Data Story
About Household Income in Gloucester County, Virginia
Gloucester exceeds national income bar
Gloucester County's median household income of $83,689 tops the national median of $74,755 by over $9,000, placing it comfortably in the upper-middle income tier nationwide. Per capita income of $40,924 also outpaces national norms, signaling strong individual earning power. Gloucester ranks above average for American counties overall.
Solid performer within Virginia
Gloucester County exceeds Virginia's state median household income of $74,957 by about $8,700, positioning it in the upper third of the state's counties. The county's per capita income of $40,924 surpasses Virginia's $39,155 average, reflecting above-average earning potential. This makes Gloucester one of the state's stronger-performing communities.
Strong income next to wealthier Goochland
Gloucester's $83,689 median income ranks second among nearby peers, trailing only the affluent Goochland County ($118,695) but outpacing Greene County ($85,268) by a narrow margin. Compared to struggling southern neighbors Halifax ($49,244) and Grayson ($42,864), Gloucester is markedly wealthier. The county represents solid middle to upper-middle class prosperity in the region.
Housing requires larger income share
Gloucester's rent-to-income ratio of 16.4% means households dedicate roughly two weeks of earnings to rent monthly—elevated but still sustainable. The median home value of $289,200 is substantial, requiring solid dual incomes or significant down payments to afford comfortably. Residents should budget carefully for housing, which represents the largest household expense.
Leverage above-average income strategically
Gloucester households should capitalize on above-average earnings by prioritizing tax-advantaged retirement accounts and investment diversification. With median income exceeding state averages, there's room to build wealth through consistent investing in stocks, bonds, and real estate. Consider working with a financial planner to optimize tax efficiency and long-term asset growth.
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.