Wealth Index
Less wealthy than 89% of counties in Virginia
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
Income Statistics Overview
| Metric | Brunswick County | Virginia Avg | US Average |
|---|---|---|---|
| Median Household Income | $53,456 | $91,409 | $78,145 |
| Median Personal Income | $46,855 | $68,517 | $61,726 |
| Average income growth | 4.8% | 4.6% | 5.1% |
| Six-Figure Earners | 4.8% | 17.6% | 13.2% |
The median household income in Brunswick County is about 42% lower than in Virginia. Income has been growing faster in Brunswick County (4.8%/yr) than in Virginia (4.6%/yr).
About 5% of adults in Brunswick County earn six figures ($100,000 or more) a year, lower than the Virginia average of 18%.
Median Household Income 2009–2023 Trend
Median Household Income Over Time
Median household income in Brunswick County, Virginia grew by 47.3% from 2009 to 2023, reaching $53,456 in 2023. That's an average of about 4.8% per year.
Economic Inequality in Brunswick County | Gender Pay Gap | Gini Coefficient
| Metric | Brunswick County | Virginia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.590 | 0.565 | 0.570 |
| Male Median Income | $48,641 | $76,014 | $67,746 |
| Female Median Income | $44,364 | $60,748 | $54,793 |
| Gender Pay Gap | 8.8% | 20.1% | 19.1% |
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 Brunswick County, it is 0.590, higher than Virginia's 0.565, so income is less evenly distributed here than there, and higher than the US's 0.570, so income is less evenly distributed here than there.
Men's income is about 10% more than women's income in Brunswick County, Virginia. Over a 35-year career, a 10% wage gap accumulates to roughly $149,695 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Brunswick County, Virginia has narrowed from about 27% to 9% in 2023. In dollar terms, the gap has narrowed by $5,502 since 2009.
Employment
| Metric | Brunswick County | Virginia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.3% | 4.2% | 5.2% |
| Working from Home | 5.5% | 16.2% | 13.4% |
| Commute time (minutes) | 26 | 23 | 22 |
Approximately 439 people are unemployed in Brunswick County, Virginia.
The average commute time in Brunswick County is 26 minutes, longer than the 23 minutes in Virginia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Brunswick County, Virginia has fallen from 11.8% to 6.3% in 2023.
Conclusion
Considering all these factors, Brunswick County, Virginia has an overall wealth index grade of D, making it worse than Virginia, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Brunswick County, Virginia.
How Rich Is Brunswick County, Virginia?
Brunswick County has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $53,456, about 42% lower than the Virginia average of $91,409.
What is the current median household income in Brunswick County, Virginia?
As of 2023, the median household income in Brunswick County, Virginia is $53,456.
What was the median household income in Brunswick County in 2023?
In 2023, the median household income in Brunswick County, Virginia was $53,456.
What was the median household income in Brunswick County in 2020?
In 2020, the median household income in Brunswick County, Virginia was $46,267.
What is the Gini coefficient in Brunswick County, Virginia?
The Gini coefficient in Brunswick County is 0.590. 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 0.570, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Brunswick County, Virginia?
Since 2009, the income gap between men and women in Brunswick County, Virginia has narrowed from about 27% to 9% in 2023. In dollar terms, the gap has narrowed by $5,502 since 2009.