Goochland County, Virginia
Income Data
At a Glance
How Goochland County Compares
Detailed Income Statistics
Data Story
About Household Income in Goochland County, Virginia
Goochland ranks among nation's wealthiest
Goochland County's median household income of $118,695 is 59% above the national median of $74,755, placing it squarely in the nation's top income tier. Per capita income of $68,258 is exceptionally high, indicating substantial earning potential across the community. Goochland ranks among the most affluent counties in America.
Virginia's wealthiest county stands apart
Goochland County's median household income of $118,695 towers over Virginia's state average of $74,957 by a stunning $43,738—nearly 58% higher. Per capita income of $68,258 dwarfs the state average of $39,155, reflecting an exceptionally wealthy community. Goochland is unmistakably the state's premier income performer.
Dramatically outpaces every nearby county
Goochland's $118,695 median income exceeds neighboring Gloucester County ($83,689) by $35,000 and Greene County ($85,268) by $33,000, creating a stark wealth gap. Compared to struggling rural neighbors, the differential is even more dramatic: Grayson County's $42,864 is less than 36% of Goochland's income. Goochland is fundamentally wealthier than all surrounding counties.
High incomes support premium housing
Despite a rent-to-income ratio of 15.8%, Goochland's median home value of $483,700 reflects a truly affluent housing market accessible primarily to top earners. The high absolute incomes make even expensive housing manageable relative to earnings. This is a community of significant wealth concentration.
Optimize wealth with sophisticated strategies
Goochland's highest earners should prioritize comprehensive tax strategies, including maxing retirement contributions, charitable giving, and investment diversification. With six-figure household incomes, there's substantial capacity for real estate investment, private equity, and alternative assets. Consulting a fee-only financial advisor is prudent at this income level to structure wealth efficiently.
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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.