Leesburg, Virginia Income Statistics
Leesburg 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.
-
A
Leesburg Above average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Leesburg | Virginia Avg | US Average |
|---|---|---|---|
| Median Household Income | $130,853 | $93,527 | $80,455 |
| Median Personal Income | $82,728 | $68,139 | $60,758 |
| Average Yearly Income Growth | 4.4% | 4.3% | 4.8% |
| Six-Figure Earners | 24.8% | 18.3% | 13.9% |
| $200k+ Households | 28.2% | 17.7% | 13.2% |
The median household income in Leesburg is about 40% higher than in Virginia. Income has been growing faster in Leesburg (4.4%/yr) than in Virginia (4.3%/yr).
About 25% of adults in Leesburg earn six figures ($100,000 or more) a year, higher than the Virginia average of 18%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Leesburg, Virginia grew by 42.1% from 2009 to 2024, reaching $130,853 in 2024. That's an average of about 4.4% per year.
Income Inequality and the Gender Pay Gap in Leesburg
| Metric | Leesburg | Virginia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.522 | 0.544 | 0.552 |
| Male Median Income | $96,498 | $78,585 | $69,667 |
| Female Median Income | $76,310 | $62,626 | $56,850 |
| Gender Pay Gap | 20.9% | 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 Leesburg, it is 0.522, 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 26% more than women's income in Leesburg, Virginia. Over a 35-year career, a 26% wage gap accumulates to roughly $706,580 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Leesburg, Virginia has narrowed from about 34% to 21% in 2024. Over that period the gap was widest at 34% in 2016. In dollar terms, the gap has narrowed by $5,631 since 2009.
Employment
| Metric | Leesburg | Virginia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.6% | 4.1% | 5.2% |
| Working from Home | 26.0% | 18.3% | 15.0% |
| Commute time (minutes) | 22 | 23 | 22 |
Approximately 513 people are unemployed in Leesburg, Virginia.
The average commute time in Leesburg is 22 minutes, shorter than the 23 minutes in Virginia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Leesburg, Virginia has fallen from 6.5% to 2.6% in 2024. Over that period the rate peaked at 6.8% in 2012.
Conclusion
Considering all these factors, Leesburg, Virginia has an overall wealth index grade of A, making it somewhat better than Virginia, and notably better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Leesburg, Virginia.
How Rich Is Leesburg, Virginia?
Leesburg has a wealth index grade of A. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; an A grade means residents are much better off than the U.S. average. The median household income is $130,853, about 40% higher than the Virginia average of $93,527.
Are incomes growing in Leesburg, Virginia?
Between 2009 and 2024, the median household income in Leesburg, Virginia rose 42%, from $92,053 to $130,853. Over the same years, income here lagged behind Virginia as a whole: +42% against +55%.
What was the median household income in Leesburg in 2023?
In 2023, the median household income in Leesburg, Virginia was $128,464, up 9% from $118,017 in 2022. The Virginia median that year was $91,420.
What was the median household income in Leesburg in 2020?
In 2020, the median household income in Leesburg, Virginia was $104,080. By 2024 it had risen 26% to $130,853.
Is Leesburg, Virginia a high-income area?
Yes. 25% of adults in Leesburg, Virginia earn $100,000 or more a year (about 1 in 4), against 18% (about 1 in 5) in Virginia. 28% of households have a combined income of $200,000 or more, compared with 18% in Virginia.
How strong is the job market in Leesburg, Virginia?
Unemployment in Leesburg, Virginia is only 2.6%, 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 Leesburg, Virginia?
The Gini coefficient in Leesburg is 0.522. 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 Leesburg, Virginia?
Since 2009, the income gap between men and women in Leesburg, Virginia has narrowed from about 34% to 21% in 2024. Over that period the gap was widest at 34% in 2016. In dollar terms, the gap has narrowed by $5,631 since 2009.
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