Buckingham County, Virginia Income Statistics
Buckingham County Wealth Score
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.
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D
Buckingham County Well below averageLess wealthy than 85% of counties in Virginia
Source: Map AI Methodology
Income Statistics Overview
| Metric | Buckingham County | Virginia Avg | US Average |
|---|---|---|---|
| Median Household Income | $61,152 | $93,527 | $80,455 |
| Median Personal Income | $47,415 | $68,139 | $60,758 |
| Average Yearly Income Growth | 4.5% | 4.3% | 4.8% |
| Six-Figure Earners | 7.2% | 18.3% | 13.9% |
| $200k+ Households | 3.3% | 17.7% | 13.2% |
The median household income in Buckingham County is about 35% lower than in Virginia. Income has been growing faster in Buckingham County (4.5%/yr) than in Virginia (4.3%/yr).
About 7% of adults in Buckingham County earn six figures ($100,000 or more) a year, lower than the Virginia average of 18%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Buckingham County, Virginia grew by 63.2% from 2009 to 2024, reaching $61,152 in 2024. That's an average of about 4.5% per year.
Income Inequality and the Gender Pay Gap in Buckingham County
| Metric | Buckingham County | Virginia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.582 | 0.544 | 0.552 |
| Male Median Income | $56,681 | $78,585 | $69,667 |
| Female Median Income | $46,140 | $62,626 | $56,850 |
| Gender Pay Gap | 18.6% | 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 Buckingham County, it is 0.582, 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.
Men's income is about 23% more than women's income in Buckingham County, Virginia. Over a 35-year career, a 23% wage gap accumulates to roughly $368,935 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Buckingham County, Virginia has narrowed from about 42% to 19% in 2024. Over that period the gap was narrowest at 6% in 2014. In dollar terms, the gap has narrowed by $10,594 since 2009.
Employment
| Metric | Buckingham County | Virginia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.7% | 4.1% | 5.2% |
| Working from Home | 7.9% | 18.3% | 15.0% |
| Commute time (minutes) | 41 | 23 | 22 |
Approximately 318 people are unemployed in Buckingham County, Virginia.
The average commute time in Buckingham County is 41 minutes, longer than the 23 minutes in Virginia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Buckingham County, Virginia has fallen from 8.0% to 4.7% in 2024. Over that period the rate peaked at 11.2% in 2015.
Buckingham County, VA Wealth Compared With Nearby Counties
Buckingham County, VA is typical in size for this group, 16,972 residents against a local median of 16,605, so the measures below are close to a like for like comparison. Where Buckingham County, VA breaks from the counties next to it is unemployment, sitting 43% above the local median of 3.3% at 4.7%. That is the weaker end of the local range on this measure.
The counties themselves spread 3.6% on unemployment, so Buckingham County, VA sits at one end of an already wide local range rather than apart from it. Buckingham County, VA has the 5th lowest unemployment of the 6 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. |
|---|---|---|---|---|---|
| Buckingham County, VA | 16,972 | $61,152 #4/6 | 4.5%/yr #4/6 | 4.7% #5/6 | 0.582 #5/6 |
| Cumberland County, VA | 9,818 | $56,187 | 5.2%/yr | 3.3% | 0.521 |
| Appomattox County, VA | 16,605 | $62,786 | 2.4%/yr | 5.1% | 0.504 |
| Prince Edward County, VA | 21,996 | $55,516 | 3.7%/yr | 1.5% | 0.639 |
| Fluvanna County, VA | 28,092 | $97,117 | 4.8%/yr | 4.2% | 0.539 |
| Nelson County, VA | 14,732 | $74,353 | 4.8%/yr | 3.3% | 0.531 |
Conclusion
Considering all these factors, Buckingham County, Virginia has an overall wealth index grade of D, making it somewhat worse than Virginia, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Buckingham County, Virginia.
How Rich Is Buckingham County, Virginia?
Buckingham 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 $61,152, about 35% lower than the Virginia average of $93,527.
How fast is household income rising in Buckingham County, Virginia?
Between 2009 and 2024, the median household income in Buckingham County, Virginia rose 63%, from $37,462 to $61,152. Over the same years, income here outpaced Virginia as a whole: +63% against +55%.
What was the median household income in Buckingham County in 2023?
In 2023, the median household income in Buckingham County, Virginia was $59,548, down 1% from $59,923 in 2022. The Virginia median that year was $91,420.
What was the median household income in Buckingham County in 2020?
In 2020, the median household income in Buckingham County, Virginia was $48,718. By 2024 it had risen 26% to $61,152.
What is the Gini coefficient in Buckingham County, Virginia?
The Gini coefficient in Buckingham County is 0.582. 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 Buckingham County, Virginia?
Since 2009, the income gap between men and women in Buckingham County, Virginia has narrowed from about 42% to 19% in 2024. Over that period the gap was narrowest at 6% in 2014. In dollar terms, the gap has narrowed by $10,594 since 2009.
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