Isle of Wight County, Virginia

+28% vs. Virginia average
$96,118
Median Household Income
$47,674
Per Capita Income

At a Glance

Median Household Income
$96,118
+28% vs. state avg
Per Capita Income
$47,674
+21% vs. national
Income-to-Housing Ratio
28.8%
income as % of home value
Rank in Virginia
#25 / 133
by median household income

Economic Indicators

Unemployment Rate
N/A
Labor Force Participation
N/A

How Isle of Wight County Compares

Isle of Wight County$96,118
Virginia Average$74,957
National Median$74,755

Detailed Income Statistics

$96,118
Median Household Income
$47,674
Per Capita Income
$333,600
Median Home Value
28.8%
Income-to-Housing Ratio

Income Advisory: Isle of Wight County

Income Verdict

Isle of Wight County has a median household income of $96,118 and per capita income of $47,674 — a gap of $48,444, suggesting a typical mix of dual-income and single-earner households.

Housing Affordability

With median gross rent at $1,313/month and a median household income of $96,118, rent consumes approximately 16.4% of monthly income — well within affordable thresholds.

Economic Context

The median household income of $96,118 places Isle of Wight County in a high-earning tier, supporting strong purchasing power and above-average consumer spending. Per capita income of $47,674 reflects a relatively affluent population with substantial individual earning capacity.

Neighbor Context

Isle of Wight County earns approximately 28.2% above the Virginia state median household income of $74,957, positioning it favorably within the state.

Data Story

About Household Income in Isle of Wight County, Virginia

Isle of Wight's strong income above national

Isle of Wight County's median household income of $96,118 exceeds the national median of $74,755 by 29%, placing the county among America's upper-income communities. The county's economy benefits from its location near Hampton Roads naval and commercial activity.

Isle of Wight outperforms Virginia average

At $96,118, Isle of Wight's median household income runs $21,161 above Virginia's state average of $74,957. Per capita income of $47,674 exceeds the state average of $39,155 by 22%, reflecting strong household earnings.

Upper-tier earner in Virginia comparison

Isle of Wight's $96,118 median income ranks below Hanover County ($109,504) and James City County ($107,046), but significantly exceeds Henrico County ($86,397) and all lower-income counties. The county represents a prosperous suburban-rural blend near major economic centers.

Housing remains well-aligned with income

Isle of Wight's rent-to-income ratio of 16.4% indicates excellent housing affordability, with median home values of $333,600 well-supported by strong household incomes. Residents have stable footing for homeownership and wealth building through property equity.

Expand wealth through strategic investing

Isle of Wight households with $96,000+ incomes should maximize retirement contributions and explore diversified investment portfolios to build generational wealth. Consider real estate investment and education funding alongside traditional retirement vehicles.

Frequently Asked Questions

What is the median household income in Isle of Wight County, Virginia?
The median household income in Isle of Wight County, Virginia is $96,118, 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 Isle of Wight County?
The per capita income in Isle of Wight County is $47,674, 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 $96,118.
How does Isle of Wight County compare to the Virginia average?
Isle of Wight County's median household income of $96,118 is higher than the Virginia state average of $74,957. The per capita income is $47,674, compared to the state average of $39,155.
What is the per capita income in Isle of Wight County, Virginia?
The per capita income in Isle of Wight County, Virginia is $47,674, 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.
Why is Isle of Wight County income higher than the Virginia average?
Isle of Wight County's median household income of $96,118 is higher than the Virginia average of $74,957. This difference of $21,161 can be attributed to factors such as local industry mix, proximity to major employment centers, educational attainment levels, and cost of living. Counties with higher incomes often have a greater concentration of professional and technical occupations.
How does Isle of Wight County rank for income in Virginia?
Isle of Wight County ranks #25 out of 133 counties in Virginia by median household income (1 = highest). With a median household income of $96,118 and per capita income of $47,674, it falls in the top third of counties statewide.

Income Comparison Calculator

See how your household income compares in Isle of Wight County

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Your income is above the Isle of Wight County median

County median: $96,118 per year

vs. County Median

+0%

vs. State Average

+28%

vs. National Median

+29%

vs. Isle of Wight County MedianAbout equal
vs. Virginia Average28% above
vs. National Median29% above

Income Adequacy

Monthly income covers median rent6.1x

Your monthly income ($8,010) vs. median rent ($1,313/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.