Isle of Wight County, Virginia
Income Data
At a Glance
How Isle of Wight County Compares
Detailed Income Statistics
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
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Income Comparison Calculator
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Your income is above the Isle of Wight County median
County median: $96,118 per year
vs. County Median
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vs. State Average
+28%
vs. National Median
+29%
Income Adequacy
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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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.