Meadowbrook, Virginia Income Statistics
Meadowbrook 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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C
Meadowbrook Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Meadowbrook | Virginia Avg | US Average |
|---|---|---|---|
| Median Household Income | $84,794 | $93,527 | $80,455 |
| Median Personal Income | $50,486 | $68,139 | $60,758 |
| Average Yearly Income Growth | 5.1% | 4.3% | 4.8% |
| Six-Figure Earners | 8.6% | 18.3% | 13.9% |
| $200k+ Households | 5.9% | 17.7% | 13.2% |
The median household income in Meadowbrook is about 9% lower than in Virginia. Income has been growing faster in Meadowbrook (5.1%/yr) than in Virginia (4.3%/yr).
About 9% of adults in Meadowbrook 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 Meadowbrook, Virginia grew by 46.1% from 2009 to 2024, reaching $84,794 in 2024. That's an average of about 5.1% per year.
Income Inequality and the Gender Pay Gap in Meadowbrook
| Metric | Meadowbrook | Virginia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.512 | 0.544 | 0.552 |
| Male Median Income | $54,769 | $78,585 | $69,667 |
| Female Median Income | $50,408 | $62,626 | $56,850 |
| Gender Pay Gap | 8.0% | 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 Meadowbrook, it is 0.512, 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 9% more than women's income in Meadowbrook, Virginia. Over a 35-year career, a 9% wage gap accumulates to roughly $152,635 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Meadowbrook, Virginia has narrowed from about 15% to 8% in 2024. Over that period the gap in 2020 women out-earned men by 4%. In dollar terms, the gap has narrowed by $1,819 since 2009.
Employment
| Metric | Meadowbrook | Virginia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.9% | 4.1% | 5.2% |
| Working from Home | 13.7% | 18.3% | 15.0% |
| Commute time (minutes) | 23 | 23 | 22 |
Approximately 532 people are unemployed in Meadowbrook, Virginia.
The average commute time in Meadowbrook is 23 minutes, about the same as in Virginia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Meadowbrook, Virginia has fallen from 7.3% to 4.9% in 2024. Over that period the rate peaked at 11.7% in 2014 and fell as low as 4.6% in 2023.
Meadowbrook, VA Wealth Compared With Nearby Cities
How Meadowbrook, VA compares with the 2 cities closest to it.
| 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. |
|---|---|---|---|---|---|
| Meadowbrook, VA | 21,108 | $84,794 #2/3 | 5.1%/yr #2/3 | 4.9% #2/3 | 0.512 #2/3 |
| Chester, VA | 22,777 | $93,931 | 4.8%/yr | 2.4% | 0.506 |
| Richmond, VA | 229,341 | $64,702 | 5.8%/yr | 5.7% | 0.536 |
Conclusion
Considering all these factors, Meadowbrook, Virginia has an overall wealth index grade of C, making it somewhat worse than Virginia, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Meadowbrook, Virginia.
How Rich Is Meadowbrook, Virginia?
Meadowbrook 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 $84,794, about 9% lower than the Virginia average of $93,527.
How fast is household income rising in Meadowbrook, Virginia?
Between 2009 and 2024, the median household income in Meadowbrook, Virginia rose 46%, from $58,054 to $84,794. Over the same years, income here lagged behind Virginia as a whole: +46% against +55%.
What was the median household income in Meadowbrook in 2023?
In 2023, the median household income in Meadowbrook, Virginia was $79,791, up 4% from $76,773 in 2022. The Virginia median that year was $91,420.
What was the median household income in Meadowbrook in 2020?
In 2020, the median household income in Meadowbrook, Virginia was $64,916. By 2024 it had risen 31% to $84,794.
What is the Gini coefficient in Meadowbrook, Virginia?
The Gini coefficient in Meadowbrook is 0.512. 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 Meadowbrook, Virginia?
Since 2009, the income gap between men and women in Meadowbrook, Virginia has narrowed from about 15% to 8% in 2024. Over that period the gap in 2020 women out-earned men by 4%. In dollar terms, the gap has narrowed by $1,819 since 2009.
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