Economics

County and city economic information is presented below.  Town data is available by going to the the page,

Economics of Towns.  

Median Household Income

 

2014 to 2018 Five-Year Estimates

All jurisdictions in the United States are included in the five-year American Community Survey estimates. The Median household income of all jurisdictions in Northern Virginia are shown in this graph.  The income of each Northern Virginia jurisdiction is higher than the Commonwealth of Virginia and the United States.  Out of all 3,142 jurisdictions in the USA, four of the five highest incomes are located in Northern Virginia, and those include Loudoun (1st), Falls Church City (2nd), Fairfax (3rd), and Arlington (5th).

2019 One-Year Estimates

Those jurisdictions with a population of 65,000 or more are included in the one-year American Community Survey estimates. The median household income of jurisdictions in Northern Virginia with a population of 65,000 or more is shown in this graph.  These jurisdictions have incomes higher than the Commonwealth of Virginia and the United States.  Out of the 829 jurisdictions with a population of 65,000 or more in the USA, three of the ten highest incomes are located in Northern Virginia, and those include Loudoun (1st), Fairfax (4th), and Arlington (8th).

Household Income Distribution

 

2014 to 2018 Five-Year Estimates

All jurisdictions in the United States are included in the five-year American Community Survey estimates. The share of households in each income cohort are shown in this graph.  While Northern Virginia is known for having communities with some of the highest median incomes in the United States, we must recognize that there are segments of the community in need of assistance that live in one of the most prosperous regions in the country.   We also must recognize that there is a significant need for more affordable housing for both the low and moderate income households.

2019 One-Year Estimates

Those jurisdictions with a population of 65,000 or more are included in the one-year American Community Survey estimates. The median household income of jurisdictions in Northern Virginia with a population of 65,000 or more is shown in this graph.  

Economically Disadvantaged

While Northern Virginia is known for having communities with some of the highest median incomes in the United States, we must recognize that there are segments of the community in need of assistance that live in one of the most prosperous regions in the country.  For statistics on topics such as persons in poverty, Supplemental Nutrition Assistance Program expenditures, and other assistance programs click on the following.

 

 

Workforce

The NOVA Workforce Regional Overview courtesy of Northern Virginia Community College.

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3040 Williams Drive

Suite 200

Fairfax, Virginia 22031

703-642-0700

© 2020 Northern Virginia Regional Commission

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