Russell County, Virginia
Income Data
At a Glance
How Russell County Compares
Detailed Income Statistics
Data Story
About Household Income in Russell County, Virginia
Russell County faces significant income gap
Russell County's median household income of $49,020 ranks 34% below the national median of $74,755—a gap of $25,735. This substantial shortfall reflects the county's post-coal economy and the challenges facing Appalachian communities in transition.
Second-lowest income in Virginia
Russell County's median household income of $49,020 ranks among the lowest in Virginia, trailing the state average of $74,957 by $25,937. The per capita income of $28,484 significantly lags the state's $39,155 average, indicating systemic economic strain.
Struggling in regional comparison
Russell County's $49,020 median income stands well below all peer counties, ranking lowest in the region and trailing Roanoke city ($52,671) by $3,651. The county faces the steepest economic challenges among all areas studied.
Housing is the bright spot
Russell County's rent-to-income ratio of 16.7% is exceptionally favorable, among the best in the region, because median home values of just $119,600 are well-matched to local incomes. However, this reflects depressed property values tied to economic conditions rather than strong affordability fundamentals.
Focus on economic stability first
Russell County households earning $49,020 annually should prioritize basic financial stability—building emergency savings and managing debt—before pursuing long-term investments. Local workforce development programs and community banking services can help residents access financial planning tools suited to their circumstances.
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County median: $49,020 per year
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vs. National Median
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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.