IncomeBy County

Radford city, Virginia

Income Data

-30% vs. Virginia average
$52,791
Median Household Income
$25,220
Per Capita Income

At a Glance

Median Household Income
$52,791
-30% vs. state avg
Per Capita Income
$25,220
-36% vs. national
Income-to-Housing Ratio
24.9%
income as % of home value
Rank in Virginia
#108 / 133
by median household income

How Radford city Compares

Radford city$52,791
Virginia Average$74,957
National Median$74,755

Detailed Income Statistics

$52,791
Median Household Income
$25,220
Per Capita Income
$211,700
Median Home Value
24.9%
Income-to-Housing Ratio

Data Story

About Household Income in Radford city, Virginia

Radford's income significantly below national average

Radford's median household income of $52,791 falls 29% short of the U.S. median of $74,755, among the lowest in this analysis. The lower income reflects Radford's role as a college town with limited major employers beyond Radford University.

Radford ranks among Virginia's lowest-income cities

Radford's $52,791 median household income trails Virginia's state average of $74,957 by $22,166, placing it in the bottom quintile statewide. The gap reflects limited economic diversity and smaller employer base relative to Virginia's wealthier urban and suburban regions.

Radford is among region's lowest earners

Radford ($52,791) ranks among the lowest in this group, surpassing only Prince Edward ($55,082), and far below Pulaski ($60,767). The college-town economy concentrates lower-wage service and education jobs, limiting median household income growth.

Rent costs strain lower incomes modestly

Radford residents spend 22.0% of income on rent—a manageable but notable burden—while median home values of $211,700 require careful planning. The ratio suggests many households prioritize renting and that homeownership demands significant financial discipline.

Students and young workers can start investing

Radford households earning $52,791 can direct $4,200–$7,900 yearly (8–15% of income) to savings and retirement accounts despite tight budgets. Young professionals and students should leverage early-career years to build investment habits that compound over decades.

Frequently Asked Questions

What is the median household income in Radford city, Virginia?
The median household income in Radford city, Virginia is $52,791, 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 Radford city?
The per capita income in Radford city is $25,220, 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 $52,791.
How does Radford city compare to the Virginia average?
Radford city's median household income of $52,791 is lower than the Virginia state average of $74,957. The per capita income is $25,220, compared to the state average of $39,155.
What is the per capita income in Radford city, Virginia?
The per capita income in Radford city, Virginia is $25,220, 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.
Is Radford city a low-income area in Virginia?
Radford city's median household income of $52,791 is below the Virginia average of $74,957. The per capita income of $25,220 is also lower than the state average of $39,155. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does Radford city rank for income in Virginia?
Radford city ranks #108 out of 133 counties in Virginia by median household income (1 = highest). With a median household income of $52,791 and per capita income of $25,220, it falls in the bottom third of counties statewide.

Income Comparison Calculator

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Your income is above the Radford city median

County median: $52,791 per year

vs. County Median

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vs. State Average

-30%

vs. National Median

-29%

vs. Radford city MedianAbout equal
vs. Virginia Average▼ 30% below
vs. National Median▼ 29% below

Income Adequacy

Monthly income covers median rent4.6x

Your monthly income ($4,399) vs. median rent ($966/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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Counties with Similar Income Levels

Hamblen County
Tennessee
$52,794
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Hale County
Texas
$52,788
+0%
Caddo County
Oklahoma
$52,817
+0%
Forrest County
Mississippi
$52,821
+0%
Wayne County
Tennessee
$52,824
+0%
Cabell County
West Virginia
$52,828
+0%
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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