Annandale, Virginia Income Statistics
Annandale Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
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B
Annandale Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Annandale | Virginia Avg | US Average |
|---|---|---|---|
| Median Household Income | $117,457 | $93,527 | $80,455 |
| Median Personal Income | $69,270 | $68,139 | $60,758 |
| Average Yearly Income Growth | 4.7% | 4.3% | 4.8% |
| Six-Figure Earners | 20.4% | 18.3% | 13.9% |
| $200k+ Households | 27.7% | 17.7% | 13.2% |
The median household income in Annandale is about 26% higher than in Virginia. Income has been growing faster in Annandale (4.7%/yr) than in Virginia (4.3%/yr).
About 20% of adults in Annandale earn six figures ($100,000 or more) a year, higher than the Virginia average of 18%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Annandale, Virginia grew by 57.1% from 2009 to 2024, reaching $117,457 in 2024. That's an average of about 4.7% per year.
Income Inequality and the Gender Pay Gap in Annandale
| Metric | Annandale | Virginia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.551 | 0.544 | 0.552 |
| Male Median Income | $81,173 | $78,585 | $69,667 |
| Female Median Income | $63,174 | $62,626 | $56,850 |
| Gender Pay Gap | 22.2% | 20.3% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Annandale, it is 0.551, higher than Virginia's 0.544, so income is less evenly distributed here than there, and about the same as the US's 0.552, so income here is about as evenly distributed as there.
Men's income is about 28% more than women's income in Annandale, Virginia. Over a 35-year career, a 28% wage gap accumulates to roughly $629,965 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Annandale, Virginia has widened from about 17% to 22% in 2024. Over that period the gap was widest at 28% in 2022, and was narrowest at 1% in 2014. In dollar terms, the gap has widened by $8,702 since 2009.
Sharply against the trend: the pay gap in Annandale widened by 5.0 points while Virginia's narrowed by 3.2 points.
Employment
| Metric | Annandale | Virginia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.9% | 4.1% | 5.2% |
| Working from Home | 19.7% | 18.3% | 15.0% |
| Commute time (minutes) | 26 | 23 | 22 |
Approximately 1,155 people are unemployed in Annandale, Virginia.
The average commute time in Annandale is 26 minutes, longer than the 23 minutes in Virginia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Annandale, Virginia has fallen from 5.8% to 4.9% in 2024. Over that period the rate peaked at 6.7% in 2013 and fell as low as 3.4% in 2022.
Annandale, VA Wealth Compared With Nearby Cities
How Annandale, VA compares with the 1 cities closest to it.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Annandale, VA | 42,423 | $117,457 #2/2 | 4.7%/yr #1/2 | 4.9% #2/2 | 0.551 #2/2 |
| West Falls Church, VA | 30,433 | $136,342 | 4.6%/yr | 4.9% | 0.534 |
Conclusion
Considering all these factors, Annandale, Virginia has an overall wealth index grade of B, making it somewhat better than Virginia, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Annandale, Virginia.
How Wealthy Is Annandale, Virginia?
Annandale has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $117,457, about 26% higher than the Virginia average of $93,527.
Are incomes growing in Annandale, Virginia?
Between 2009 and 2024, the median household income in Annandale, Virginia rose 57%, from $74,765 to $117,457. Over the same years, income here outpaced Virginia as a whole: +57% against +55%.
What was the median household income in Annandale in 2023?
In 2023, the median household income in Annandale, Virginia was $113,496, up 2% from $111,261 in 2022. The Virginia median that year was $91,420.
What was the median household income in Annandale in 2020?
In 2020, the median household income in Annandale, Virginia was $100,775. By 2024 it had risen 17% to $117,457.
What is the Gini coefficient in Annandale, Virginia?
The Gini coefficient in Annandale is 0.551. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is almost the same as the US average of 0.552, so income is distributed about as equally as in the country overall.
How has the income gap between men and women changed in Annandale, Virginia?
Since 2009, the income gap between men and women in Annandale, Virginia has widened from about 17% to 22% in 2024. Over that period the gap was widest at 28% in 2022, and was narrowest at 1% in 2014. In dollar terms, the gap has widened by $8,702 since 2009.
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