Norton city, Virginia
Income Data
At a Glance
How Norton city Compares
Detailed Income Statistics
Data Story
About Household Income in Norton city, Virginia
Norton lags far behind national income
The median household income in Norton city is $38,497—nearly half the national median of $74,755. This $36,258 gap reflects economic headwinds in the region and places Norton in the bottom tier nationally for household earnings.
Among Virginia's lowest-earning areas
Norton's median household income falls significantly below Virginia's state average of $74,957, putting it in the lower quartile of Virginia jurisdictions. The city's per capita income of $27,033 is also well below the state average of $39,155.
Struggling alongside nearby rural counties
Norton's $38,497 median income ranks it below most peer counties in southwest Virginia, though it's comparable to Patrick County ($50,938) and Petersburg city ($50,741). The city's economic profile aligns with other post-industrial communities in the region.
Housing remains affordable but tight
Norton's 20.9% rent-to-income ratio suggests housing remains accessible, well below the 30% affordability threshold, with a median home value of $100,700. However, the low median income leaves limited room for savings, healthcare, and other essentials after housing costs.
Start small, build your future
Even modest households can benefit from consistent savings and low-cost investment options like employer 401(k) plans or Roth IRAs. Consider speaking with a financial advisor about strategies tailored to your income level—every dollar saved compounds over time.
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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.