Halifax County, Virginia
Income Data
At a Glance
How Halifax County Compares
Detailed Income Statistics
Data Story
About Household Income in Halifax County, Virginia
Halifax struggles below national average
Halifax County's median household income of $49,244 is 34% below the national median of $74,755, placing it among America's lowest-income counties. Per capita income of $27,115 is dramatically below national norms, indicating severe economic hardship. Halifax faces a substantial income gap with the typical American county.
Among Virginia's most economically challenged
Halifax County's median household income of $49,244 trails Virginia's state average of $74,957 by over $25,000—a devastating 34% gap. Per capita income of $27,115 is severely below Virginia's $39,155 average, reflecting very limited earning opportunities. Halifax ranks among the state's lowest-income communities.
Poorest county in struggling rural region
Halifax's $49,244 median income ranks lowest among regional peers, outpaced only by Grayson County ($42,864) in this economically challenged corner of the state. Compared to Goochland ($118,695) or Gloucester ($83,689), Halifax residents earn less than 42% as much annually. The county faces severe economic disadvantages.
Housing costs consume critical resources
Halifax's rent-to-income ratio of 18.7% means nearly one-fifth of household income goes to housing—a significant burden on already-tight budgets. Median home value of $148,900 is difficult to achieve for average earners, limiting wealth-building through homeownership. Housing affordability is a pressing concern for many families.
Seek assistance and build foundations
Halifax residents should connect with local nonprofits and government agencies offering financial assistance and free counseling to navigate economic challenges. Building even modest emergency savings is critical before any investment activity. Explore low-cost ways to develop financial literacy and maximize whatever resources are available.
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Income Comparison Calculator
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Your income is above the Halifax County median
County median: $49,244 per year
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vs. State Average
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vs. National Median
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Your monthly income ($4,104) vs. median rent ($769/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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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.