Powhatan County, Virginia
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Powhatan County Compares
Detailed Income Statistics
Income Advisory: Powhatan County
Income Verdict
Powhatan County has a median household income of $110,667 and per capita income of $48,796 — a gap of $61,871, indicating a strong family-earning economy with multiple earners per household.
Housing Affordability
With median gross rent at $1,107/month and a median household income of $110,667, rent consumes approximately 12.0% of monthly income — well within affordable thresholds.
Economic Context
The median household income of $110,667 places Powhatan County in a high-earning tier, supporting strong purchasing power and above-average consumer spending. Per capita income of $48,796 reflects a relatively affluent population with substantial individual earning capacity.
Neighbor Context
Powhatan County earns approximately 47.6% above the Virginia state median household income of $74,957, positioning it favorably within the state.
Data Story
About Household Income in Powhatan County, Virginia
Powhatan ranks among nation's wealthiest
Powhatan's median household income of $110,667 exceeds the U.S. median of $74,755 by 48%, placing the county in the top income tier nationally. This affluence reflects a prosperous suburban economy anchored by educated professionals and strong regional growth.
Powhatan leads Virginia's income rankings
Powhatan's $110,667 median household income ranks among Virginia's top 10 counties, exceeding the state average of $74,957 by $35,710. The county's wealth reflects its proximity to Richmond and strong regional investment.
Powhatan outearns most surrounding areas
Powhatan ($110,667) significantly exceeds Rappahannock ($98,125) and Prince George ($88,225), though trails Prince William ($128,873). The differences reflect Powhatan's mix of rural estates, suburban development, and Richmond-area commuters earning professional salaries.
Housing costs are minimal burden
Powhatan residents allocate just 12.0% of income to rent—the lowest ratio among these eight counties—despite median home values of $381,300. This low housing burden reflects strong incomes relative to property costs, leaving substantial income for savings and investment.
Powhatan households can invest aggressively
With $110,667 annual income and minimal housing costs, Powhatan households can dedicate 15–25% to retirement, college, and wealth-building—totaling $16,600–$27,667 yearly. This capacity for early and significant investing positions families to build generational wealth.
Frequently Asked Questions
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Income Comparison Calculator
See how your household income compares in Powhatan County
Your income is above the Powhatan County median
County median: $110,667 per year
vs. County Median
+0%
vs. State Average
+48%
vs. National Median
+48%
Income Adequacy
Your monthly income ($9,222) vs. median rent ($1,107/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.