Wise County, Virginia
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Wise County Compares
Detailed Income Statistics
Income Advisory: Wise County
Income Verdict
Wise County has a median household income of $50,740 and per capita income of $24,622 — a gap of $26,118, suggesting a typical mix of dual-income and single-earner households.
Housing Affordability
With median gross rent at $770/month and a median household income of $50,740, rent consumes approximately 18.2% of monthly income — well within affordable thresholds.
Economic Context
With a median household income of $50,740, residents of Wise County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $24,622 suggests below-average individual earnings, which may reflect local employment mix or industrial composition.
Neighbor Context
Wise County earns approximately 32.3% below the Virginia state median household income of $74,957.
Data Story
About Household Income in Wise County, Virginia
Wise County earns significantly below national average
At $50,740, Wise County's median household income is $24,015 below the national median of $74,755—a 32% shortfall. This rural southwestern Virginia county ranks among the lower-income regions nationwide, reflecting limited economic diversification beyond coal mining heritage.
Well below Virginia's state median
Wise County's median household income trails Virginia's $74,957 state average by $24,217, placing it among the lowest in the commonwealth. The per capita income of $24,622 is just 63% of Virginia's $39,155 state average, highlighting significant economic distress in this region.
Lowest earner in Southwest Virginia cluster
At $50,740, Wise County earns less than neighboring Wythe County ($55,359), and trails all other profiled counties. The gap widens dramatically compared to York County ($108,326), underscoring Wise's isolation from Virginia's prosperous regions.
Housing remains accessible, but poverty persists
With a 18.2% rent-to-income ratio, housing costs are proportionally manageable here; median home values of $116,500 reflect affordable housing stock. However, low absolute income levels create challenges in meeting healthcare, education, and emergency expenses despite reasonable housing burdens.
Build community wealth through skill development
Wise County residents can strengthen finances through workforce training, credential programs, and exploring remote work opportunities. Even modest increases in household income—through skill development or side income—compound significantly at lower income levels; organizations like community colleges offer affordable pathways forward.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Wise County median
County median: $50,740 per year
vs. County Median
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vs. State Average
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vs. National Median
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Income Adequacy
Your monthly income ($4,228) vs. median rent ($770/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.