Charlotte County, Virginia Income Statistics
Charlotte 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
Charlotte County Well below averageLess wealthy than 75% of counties in Virginia
Source: Map AI Methodology
Income Statistics Overview
| Metric | Charlotte County | Virginia Avg | US Average |
|---|---|---|---|
| Median Household Income | $58,610 | $93,527 | $80,455 |
| Median Personal Income | $43,757 | $68,139 | $60,758 |
| Average Yearly Income Growth | 7.3% | 4.3% | 4.8% |
| Six-Figure Earners | 7.0% | 18.3% | 13.9% |
| $200k+ Households | 3.8% | 17.7% | 13.2% |
The median household income in Charlotte County is about 37% lower than in Virginia. Income has been growing faster in Charlotte County (7.3%/yr) than in Virginia (4.3%/yr).
About 7% of adults in Charlotte 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 Charlotte County, Virginia grew by 56.9% from 2009 to 2024, reaching $58,610 in 2024. That's an average of about 7.3% per year.
Income Inequality and the Gender Pay Gap in Charlotte County
| Metric | Charlotte County | Virginia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.521 | 0.544 | 0.552 |
| Male Median Income | $50,790 | $78,585 | $69,667 |
| Female Median Income | $44,340 | $62,626 | $56,850 |
| Gender Pay Gap | 12.7% | 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 Charlotte County, it is 0.521, lower than Virginia's 0.544, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 15% more than women's income in Charlotte County, Virginia. Over a 35-year career, a 15% wage gap accumulates to roughly $225,750 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Charlotte County, Virginia has narrowed from about 26% to 13% in 2024. Over that period the gap was narrowest at 12% in 2017. In dollar terms, the gap has narrowed by $3,369 since 2009.
Employment
| Metric | Charlotte County | Virginia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.4% | 4.1% | 5.2% |
| Working from Home | 6.4% | 18.3% | 15.0% |
| Commute time (minutes) | 28 | 23 | 22 |
Approximately 120 people are unemployed in Charlotte County, Virginia.
The average commute time in Charlotte County is 28 minutes, longer than the 23 minutes in Virginia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Charlotte County, Virginia has fallen from 8.7% to 2.4% in 2024. Over that period the rate fell as low as 2.3% in 2023.
Charlotte County, VA Wealth Compared With Nearby Counties
Charlotte County, VA is the smallest of the 6 counties compared here, 11,422 residents against a local median of 21,996. Charlotte County, VA's income growth, at 7.3%/yr, runs 63% above the 4.4%/yr typical of the counties around it. That is the better end of the local range on this measure.
Unemployment tells the same story from another angle: 2.4% against a local median of 3.6%, 33% below it. Every measure here with a clear better direction points the same way, so Charlotte County, VA is not trading one advantage for another, it reads stronger than its neighbours across the board. The counties themselves sit within 2.4%/yr of each other on income growth, a tighter band than the gap between any of them and Charlotte County, VA, which makes it a genuine outlier here rather than one end of a wide local spread. Charlotte County, VA has the highest income growth 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. |
|---|---|---|---|---|---|
| Charlotte County, VA | 11,422 | $58,610 #2/6 | 7.3%/yr #1/6 | 2.4% #2/6 | 0.521 #2/6 |
| Prince Edward County, VA | 21,996 | $55,516 | 3.7%/yr | 1.5% | 0.639 |
| Halifax County, VA | 33,638 | $52,426 | 4.4%/yr | 4.2% | 0.549 |
| Appomattox County, VA | 16,605 | $62,786 | 2.4%/yr | 5.1% | 0.504 |
| Lunenburg County, VA | 12,016 | $57,608 | 4.8%/yr | 3.6% | 0.573 |
| Mecklenburg County, VA | 30,516 | $56,858 | 4.7%/yr | 2.6% | 0.536 |
Conclusion
Considering all these factors, Charlotte 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 Charlotte County, Virginia.
How Rich Is Charlotte County, Virginia?
Charlotte 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 $58,610, about 37% lower than the Virginia average of $93,527.
How has median household income changed in Charlotte County, Virginia?
Between 2009 and 2024, the median household income in Charlotte County, Virginia rose 57%, from $37,360 to $58,610. Over the same years, income here outpaced Virginia as a whole: +57% against +55%.
What was the median household income in Charlotte County in 2023?
In 2023, the median household income in Charlotte County, Virginia was $49,225, down 3% from $50,939 in 2022. The Virginia median that year was $91,420.
What was the median household income in Charlotte County in 2020?
In 2020, the median household income in Charlotte County, Virginia was $41,307. By 2024 it had risen 42% to $58,610.
How strong is the job market in Charlotte County, Virginia?
Unemployment in Charlotte County, Virginia is only 2.4%, well below the Virginia rate of 4.1%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Charlotte County, Virginia?
The Gini coefficient in Charlotte County is 0.521. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Charlotte County, Virginia?
Since 2009, the income gap between men and women in Charlotte County, Virginia has narrowed from about 26% to 13% in 2024. Over that period the gap was narrowest at 12% in 2017. In dollar terms, the gap has narrowed by $3,369 since 2009.
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