Lincolnia, Virginia Income Statistics
Lincolnia 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.
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B
Lincolnia Around average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Lincolnia | Virginia Avg | US Average |
|---|---|---|---|
| Median Household Income | $122,538 | $93,527 | $80,455 |
| Median Personal Income | $73,312 | $68,139 | $60,758 |
| Average Yearly Income Growth | 3.3% | 4.3% | 4.8% |
| Six-Figure Earners | 26.5% | 18.3% | 13.9% |
| $200k+ Households | 27.5% | 17.7% | 13.2% |
The median household income in Lincolnia is about 31% higher than in Virginia. Income has been growing slower in Lincolnia (3.3%/yr) than in Virginia (4.3%/yr).
About 27% of adults in Lincolnia 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 Lincolnia, Virginia grew by 48.0% from 2009 to 2024, reaching $122,538 in 2024. That's an average of about 3.3% per year.
Income Inequality and the Gender Pay Gap in Lincolnia
| Metric | Lincolnia | Virginia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.521 | 0.544 | 0.552 |
| Male Median Income | $86,081 | $78,585 | $69,667 |
| Female Median Income | $81,998 | $62,626 | $56,850 |
| Gender Pay Gap | 4.7% | 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 Lincolnia, 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 5% more than women's income in Lincolnia, Virginia. Over a 35-year career, a 5% wage gap accumulates to roughly $142,905 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Lincolnia, Virginia has narrowed from about 10% to 5% in 2024. Over that period the gap was widest at 11% in 2016, and in 2020 women out-earned men by 18%. In dollar terms, the gap has narrowed by $1,586 since 2009.
Employment
| Metric | Lincolnia | Virginia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.0% | 4.1% | 5.2% |
| Working from Home | 23.7% | 18.3% | 15.0% |
| Commute time (minutes) | 25 | 23 | 22 |
Approximately 767 people are unemployed in Lincolnia, Virginia.
The average commute time in Lincolnia is 25 minutes, longer than the 23 minutes in Virginia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Lincolnia, Virginia has risen from 4.6% to 6.0% in 2024. Over that period the rate fell as low as 3.1% in 2020.
Lincolnia, VA Wealth Compared With Nearby Cities
Lincolnia, VA is the smallest of the 4 cities compared here, 21,068 residents against a local median of 30,609. Nothing separates Lincolnia, VA sharply from the cities around it. Each measure below lands within 15% of the local median, close enough that the differences are within what survey sampling alone would produce.
The largest of those small differences is income growth, 10% below the local median at 3.3%/yr against 3.7%/yr. Lincolnia, VA has the 4th highest income growth of the 4 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. |
|---|---|---|---|---|---|
| Lincolnia, VA | 21,068 | $122,538 #2/4 | 3.3%/yr #4/4 | 6.0% #2/4 | 0.521 #1/4 |
| Bailey's Crossroads, VA | 24,625 | $87,998 | 3.7%/yr | 7.4% | 0.558 |
| Annandale, VA | 42,423 | $117,457 | 4.7%/yr | 4.9% | 0.551 |
| Springfield, VA | 30,609 | $123,233 | 3.6%/yr | 6.4% | 0.547 |
Conclusion
Considering all these factors, Lincolnia, Virginia has an overall wealth index grade of B, making it somewhat better than Virginia, and somewhat better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Lincolnia, Virginia.
How Rich Is Lincolnia, Virginia?
Lincolnia has a wealth index grade of B. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a B grade means residents are quite well off compared to the U.S. average. The median household income is $122,538, about 31% higher than the Virginia average of $93,527.
How fast is household income rising in Lincolnia, Virginia?
Between 2009 and 2024, the median household income in Lincolnia, Virginia rose 48%, from $82,789 to $122,538. Over the same years, income here lagged behind Virginia as a whole: +48% against +55%.
What was the median household income in Lincolnia in 2023?
In 2023, the median household income in Lincolnia, Virginia was $124,512, up 7% from $116,375 in 2022. The Virginia median that year was $91,420.
What was the median household income in Lincolnia in 2020?
In 2020, the median household income in Lincolnia, Virginia was $106,158. By 2024 it had risen 15% to $122,538.
Do many residents of Lincolnia, Virginia earn over $100,000?
Yes. 27% of adults in Lincolnia, Virginia earn $100,000 or more a year (about 1 in 4), against 18% (about 1 in 5) in Virginia. 27% of households have a combined income of $200,000 or more, compared with 18% in Virginia.
Is unemployment high in Lincolnia, Virginia?
Unemployment in Lincolnia, Virginia is 6.0%, well above the Virginia rate of 4.1%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Lincolnia, Virginia?
The Gini coefficient in Lincolnia 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 Lincolnia, Virginia?
Since 2009, the income gap between men and women in Lincolnia, Virginia has narrowed from about 10% to 5% in 2024. Over that period the gap was widest at 11% in 2016, and in 2020 women out-earned men by 18%. In dollar terms, the gap has narrowed by $1,586 since 2009.
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