Bailey's Crossroads, Virginia Income Statistics
Bailey's Crossroads 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
Bailey's Crossroads Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Bailey's Crossroads | Virginia Avg | US Average |
|---|---|---|---|
| Median Household Income | $87,998 | $93,527 | $80,455 |
| Median Personal Income | $68,212 | $68,139 | $60,758 |
| Average Yearly Income Growth | 3.7% | 4.3% | 4.8% |
| Six-Figure Earners | 18.1% | 18.3% | 13.9% |
| $200k+ Households | 14.7% | 17.7% | 13.2% |
The median household income in Bailey's Crossroads is about 6% lower than in Virginia. Income has been growing slower in Bailey's Crossroads (3.7%/yr) than in Virginia (4.3%/yr).
About 18% of adults in Bailey's Crossroads earn six figures ($100,000 or more) a year, about the same as the Virginia average of 18%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Bailey's Crossroads, Virginia grew by 28.2% from 2009 to 2024, reaching $87,998 in 2024. That's an average of about 3.7% per year.
Income Inequality and the Gender Pay Gap in Bailey's Crossroads
| Metric | Bailey's Crossroads | Virginia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.558 | 0.544 | 0.552 |
| Male Median Income | $63,696 | $78,585 | $69,667 |
| Female Median Income | $81,381 | $62,626 | $56,850 |
| Gender Pay Gap | -27.8% | 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 Bailey's Crossroads, it is 0.558, higher than Virginia's 0.544, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Women's income is about 28% more than men's income in Bailey's Crossroads, Virginia. Over a 35-year career, a 28% wage gap accumulates to roughly $618,975 in unearned income for male workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Bailey's Crossroads, Virginia has widened from about 17% to -28% in 2024. Over that period the gap was widest at 19% in 2010, and in 2022 women out-earned men by 36%. In dollar terms, the gap has narrowed by $26,920 since 2009.
Employment
| Metric | Bailey's Crossroads | Virginia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 7.4% | 4.1% | 5.2% |
| Working from Home | 18.9% | 18.3% | 15.0% |
| Commute time (minutes) | 26 | 23 | 22 |
Approximately 997 people are unemployed in Bailey's Crossroads, Virginia.
The average commute time in Bailey's Crossroads is 26 minutes, longer than the 23 minutes in Virginia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Bailey's Crossroads, Virginia has risen from 6.0% to 7.4% in 2024. Over that period the rate peaked at 7.9% in 2023 and fell as low as 4.9% in 2018.
Bailey's Crossroads, VA Wealth Compared With Nearby Cities
Bailey's Crossroads, VA is the 3rd largest of the 4 cities compared here, 24,625 residents against a local median of 156,972. Bailey's Crossroads, VA's unemployment, at 7.4%, runs 130% above the 3.2% typical of the cities around it. That is the weaker end of the local range on this measure.
Median household income tells the same story from another angle: $87,998 against a local median of $122,538, 28% below it. Every measure here with a clear better direction points the same way, and it is the wrong way: Bailey's Crossroads, VA reads weaker than its neighbours on all of them. The cities themselves spread 2.8% on unemployment, so Bailey's Crossroads, VA sits at one end of an already wide local range rather than apart from it. Bailey's Crossroads, VA has the 4th lowest unemployment of the 4 areas compared here.
| 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. |
|---|---|---|---|---|---|
| Bailey's Crossroads, VA | 24,625 | $87,998 #4/4 | 3.7%/yr #1/4 | 7.4% #4/4 | 0.558 #4/4 |
| Lincolnia, VA | 21,068 | $122,538 | 3.3%/yr | 6.0% | 0.521 |
| Arlington, VA | 236,144 | $141,910 | 3.2%/yr | 3.2% | 0.449 |
| Alexandria, VA | 156,972 | $118,677 | 3.5%/yr | 3.2% | 0.463 |
Conclusion
Considering all these factors, Bailey's Crossroads, Virginia has an overall wealth index grade of B, making it about on par with Virginia, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Bailey's Crossroads, Virginia.
How Rich Is Bailey's Crossroads, Virginia?
Bailey's Crossroads 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 $87,998, about 6% lower than the Virginia average of $93,527.
How has median household income changed in Bailey's Crossroads, Virginia?
Between 2009 and 2024, the median household income in Bailey's Crossroads, Virginia rose 28%, from $68,637 to $87,998. Over the same years, income here lagged behind Virginia as a whole: +28% against +55%.
What was the median household income in Bailey's Crossroads in 2023?
In 2023, the median household income in Bailey's Crossroads, Virginia was $86,758, up 4% from $83,151 in 2022. The Virginia median that year was $91,420.
What was the median household income in Bailey's Crossroads in 2020?
In 2020, the median household income in Bailey's Crossroads, Virginia was $71,674. By 2024 it had risen 23% to $87,998.
How strong is the job market in Bailey's Crossroads, Virginia?
Unemployment in Bailey's Crossroads, Virginia is 7.4%, well above the Virginia rate of 4.1%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Bailey's Crossroads, Virginia?
The Gini coefficient in Bailey's Crossroads is 0.558. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Bailey's Crossroads, Virginia?
Since 2009, the income gap between men and women in Bailey's Crossroads, Virginia has widened from about 17% to -28% in 2024. Over that period the gap was widest at 19% in 2010, and in 2022 women out-earned men by 36%. In dollar terms, the gap has narrowed by $26,920 since 2009.
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