Smyth County, Virginia
Income Data
At a Glance
How Smyth County Compares
Detailed Income Statistics
Data Story
About Household Income in Smyth County, Virginia
Smyth County significantly trails national earnings
Smyth County's median household income of $46,859 falls 37.3% short of the nation's $74,755 median. This substantial gap reflects the economic realities of rural Southwest Virginia, where post-industrial decline has reshaped employment and wage opportunities.
Among Virginia's lower-income counties
Smyth County earns $28,098 less than Virginia's state median of $74,957 and falls $9,786 below the state per capita average. The county's income profile aligns with other struggling southwestern Virginia communities, signaling regional economic challenges.
Comparable to nearby rural counties
Smyth County's $46,859 income nearly matches Scott County's $45,136, reflecting shared economic struggles in the region. Both counties significantly lag coastal and northern Virginia areas, where proximity to Washington D.C. and major metros supports higher incomes.
Strong housing affordability cushions tight budgets
Smyth County's 17.7% rent-to-income ratio demonstrates excellent housing affordability, allowing households to allocate more income to savings and essentials. A median home value of $125,800 is achievable for households earning $46,859, particularly with support programs for first-time homebuyers.
Low housing costs create wealth-building opportunity
Smyth County residents benefit from some of the state's most affordable housing, freeing cash for financial security and growth. Work with local credit unions and community banks to develop savings plans, explore first-time homebuyer programs, and build assets despite modest incomes.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Smyth County median
County median: $46,859 per year
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vs. State Average
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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.