King and Queen County, Virginia Income Statistics
King and Queen 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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C
King and Queen County Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | King and Queen County | Virginia Avg | US Average |
|---|---|---|---|
| Median Household Income | $67,967 | $93,527 | $80,455 |
| Median Personal Income | $53,031 | $68,139 | $60,758 |
| Average Yearly Income Growth | 4.4% | 4.3% | 4.8% |
| Six-Figure Earners | 7.5% | 18.3% | 13.9% |
| $200k+ Households | 4.7% | 17.7% | 13.2% |
The median household income in King and Queen County is about 27% lower than in Virginia. Income has been growing faster in King and Queen County (4.4%/yr) than in Virginia (4.3%/yr).
About 8% of adults in King and Queen 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 King and Queen County, Virginia grew by 55.0% from 2009 to 2024, reaching $67,967 in 2024. That's an average of about 4.4% per year.
Income Inequality and the Gender Pay Gap in King and Queen County
| Metric | King and Queen County | Virginia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.503 | 0.544 | 0.552 |
| Male Median Income | $60,758 | $78,585 | $69,667 |
| Female Median Income | $51,178 | $62,626 | $56,850 |
| Gender Pay Gap | 15.8% | 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 King and Queen County, it is 0.503, 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 19% more than women's income in King and Queen County, Virginia. Over a 35-year career, a 19% wage gap accumulates to roughly $335,300 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in King and Queen County, Virginia has narrowed from about 32% to 16% in 2024. Over that period the gap was widest at 34% in 2012, and was narrowest at 14% in 2018. In dollar terms, the gap has narrowed by $4,482 since 2009.
Employment
| Metric | King and Queen County | Virginia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.2% | 4.1% | 5.2% |
| Working from Home | 12.8% | 18.3% | 15.0% |
| Commute time (minutes) | 33 | 23 | 22 |
Approximately 174 people are unemployed in King and Queen County, Virginia.
The average commute time in King and Queen County is 33 minutes, longer than the 23 minutes in Virginia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in King and Queen County, Virginia has fallen from 5.5% to 5.2% in 2024. Over that period the rate peaked at 6.1% in 2013 and fell as low as 3.0% in 2019.
King and Queen County, VA Wealth Compared With Nearby Counties
King and Queen County, VA is the 5th largest of the 6 counties compared here, 6,696 residents against a local median of 10,620. King and Queen County, VA's unemployment, at 5.2%, runs 108% above the 2.5% typical of the counties around it. That is the weaker end of the local range on this measure.
The counties themselves spread 1.6% on unemployment, so King and Queen County, VA sits at one end of an already wide local range rather than apart from it. King and Queen County, VA has the 6th 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. |
|---|---|---|---|---|---|
| King and Queen County, VA | 6,696 | $67,967 #5/6 | 4.4%/yr #3/6 | 5.2% #6/6 | 0.503 #2/6 |
| King William County, VA | 18,593 | $87,281 | 3.5%/yr | 2.3% | 0.489 |
| Essex County, VA | 10,620 | $57,819 | 2.8%/yr | 3.9% | 0.544 |
| New Kent County, VA | 25,099 | $123,257 | 6.4%/yr | 2.2% | 0.513 |
| Richmond County, VA | 9,095 | $69,824 | 5.8%/yr | 2.5% | 0.537 |
| Charles City County, VA | 6,627 | $75,258 | 4.1%/yr | 3.9% | 0.504 |
Conclusion
Considering all these factors, King and Queen County, Virginia has an overall wealth index grade of C, making it about on par with Virginia, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in King and Queen County, Virginia.
How Rich Is King and Queen County, Virginia?
King and Queen County has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $67,967, about 27% lower than the Virginia average of $93,527.
How has median household income changed in King and Queen County, Virginia?
Between 2009 and 2024, the median household income in King and Queen County, Virginia rose 55%, from $43,857 to $67,967. Over the same years, income here kept pace with Virginia as a whole: +55% against +55%.
What was the median household income in King and Queen County in 2023?
In 2023, the median household income in King and Queen County, Virginia was $71,168, down 3% from $73,240 in 2022. The Virginia median that year was $91,420.
What was the median household income in King and Queen County in 2020?
In 2020, the median household income in King and Queen County, Virginia was $64,198. By 2024 it had risen 6% to $67,967.
What is the Gini coefficient in King and Queen County, Virginia?
The Gini coefficient in King and Queen County is 0.503. 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 King and Queen County, Virginia?
Since 2009, the income gap between men and women in King and Queen County, Virginia has narrowed from about 32% to 16% in 2024. Over that period the gap was widest at 34% in 2012, and was narrowest at 14% in 2018. In dollar terms, the gap has narrowed by $4,482 since 2009.
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