IncomeBy County

Grayson County, Virginia

Income Data

-43% vs. Virginia average
$42,864
Median Household Income
$27,087
Per Capita Income

At a Glance

Median Household Income
$42,864
-43% vs. state avg
Per Capita Income
$27,087
-31% vs. national
Income-to-Housing Ratio
32.4%
income as % of home value
Rank in Virginia
#126 / 133
by median household income

How Grayson County Compares

Grayson County$42,864
Virginia Average$74,957
National Median$74,755

Detailed Income Statistics

$42,864
Median Household Income
$27,087
Per Capita Income
$132,300
Median Home Value
32.4%
Income-to-Housing Ratio

Data Story

About Household Income in Grayson County, Virginia

Grayson faces significant income challenge

Grayson County's median household income of $42,864 is 43% below the national median of $74,755, placing it among America's lowest-income counties. Per capita income of $27,087 is less than half the national norm, reflecting widespread economic hardship. This income gap signals a community facing considerable financial strain.

Among Virginia's poorest counties

Grayson County's median household income of $42,864 trails Virginia's state average of $74,957 by over $32,000, a staggering 43% gap. Per capita income of $27,087 severely underperforms Virginia's $39,155 average, indicating very limited earning opportunities. Grayson ranks among the state's lowest-income communities.

Struggles alongside other rural counties

Grayson's $42,864 median income ranks among the lowest in the region, outpaced by every better-performing neighbor but comparable only to Halifax County ($49,244). Compared to Goochland's $118,695 or even Gloucester's $83,689, Grayson residents earn less than half as much annually. This county faces severe economic disadvantages relative to surrounding areas.

Housing costs strain tight budgets

Grayson's rent-to-income ratio of 19.9% means nearly one-fifth of household income goes to rent—approaching problematic levels and leaving little margin for other expenses. The median home value of $132,300 consumes substantially more time and effort to purchase for local earners. Housing affordability is a real concern for many Grayson households.

Focus on stability before wealth building

Grayson residents should prioritize building emergency savings before investing, as lower incomes leave less cushion for unexpected expenses. Take advantage of any employer benefits, including retirement matches, even if contributions must be small. Free or low-cost financial literacy resources through nonprofits and extension offices can help maximize limited resources effectively.

Frequently Asked Questions

What is the median household income in Grayson County, Virginia?
The median household income in Grayson County, Virginia is $42,864, 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 Grayson County?
The per capita income in Grayson County is $27,087, 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 $42,864.
How does Grayson County compare to the Virginia average?
Grayson County's median household income of $42,864 is lower than the Virginia state average of $74,957. The per capita income is $27,087, compared to the state average of $39,155.
What is the per capita income in Grayson County, Virginia?
The per capita income in Grayson County, Virginia is $27,087, 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 Grayson County a low-income area in Virginia?
Grayson County's median household income of $42,864 is below the Virginia average of $74,957. The per capita income of $27,087 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 Grayson County rank for income in Virginia?
Grayson County ranks #126 out of 133 counties in Virginia by median household income (1 = highest). With a median household income of $42,864 and per capita income of $27,087, it falls in the bottom third of counties statewide.

Income Comparison Calculator

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County median: $42,864 per year

vs. County Median

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vs. State Average

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vs. National Median

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vs. Grayson County MedianAbout equal
vs. Virginia Average▼ 43% below
vs. National Median▼ 43% below

Income Adequacy

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Your monthly income ($3,572) vs. median rent ($712/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.

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