Patrick County, Virginia
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Patrick County Compares
Detailed Income Statistics
Income Advisory: Patrick County
Income Verdict
Patrick County has a median household income of $50,938 and per capita income of $32,864 — a gap of $18,074, suggesting a higher share of single-earner or non-family households.
Housing Affordability
With median gross rent at $721/month and a median household income of $50,938, rent consumes approximately 17.0% of monthly income — well within affordable thresholds.
Economic Context
With a median household income of $50,938, residents of Patrick County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $32,864 is in line with national norms for individual earners.
Neighbor Context
Patrick County earns approximately 32% below the Virginia state median household income of $74,957.
Data Story
About Household Income in Patrick County, Virginia
Patrick County well below national income
Patrick County's median household income of $50,938 falls nearly $24,000 short of the national median of $74,755. This significant gap reflects limited economic opportunities in this rural southwest Virginia community.
Among Virginia's lower-income counties
Patrick County's $50,938 median household income ranks 32% below Virginia's state average of $74,957, placing it in the lower quartile statewide. The county's per capita income of $32,864 is also notably below the state average of $39,155.
Struggling like nearby rural areas
Patrick County's $50,938 income is comparable to Petersburg city ($50,741) and exceeds only Norton city ($38,497) among nearby communities. It trails Nottoway ($62,161), Page County ($59,396), and is far below Orange County's $94,175.
Housing costs stay manageable
Patrick County's 17.0% rent-to-income ratio is favorable, with a median home value of $146,500 within reach for most households. The low housing cost burden is a relative bright spot, preserving household budgets for other essential needs.
Small steps lead to big gains
Patrick County's affordable housing means you can prioritize even small regular savings contributions to retirement or investment accounts. Automatic transfers of $25–50 monthly can compound significantly over decades—ask your employer or bank about setting this up today.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Patrick County median
County median: $50,938 per year
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vs. State Average
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vs. National Median
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Income Adequacy
Your monthly income ($4,245) vs. median rent ($721/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.