Tazewell County, Virginia Income Statistics
Tazewell 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.
-
D
Tazewell County Well below averageLess wealthy than 78% of counties in Virginia
Source: Map AI Methodology
Income Statistics Overview
| Metric | Tazewell County | Virginia Avg | US Average |
|---|---|---|---|
| Median Household Income | $47,574 | $93,527 | $80,455 |
| Median Personal Income | $47,831 | $68,139 | $60,758 |
| Average Yearly Income Growth | 2.9% | 4.3% | 4.8% |
| Six-Figure Earners | 5.7% | 18.3% | 13.9% |
| $200k+ Households | 3.1% | 17.7% | 13.2% |
The median household income in Tazewell County is about 49% lower than in Virginia. Income has been growing slower in Tazewell County (2.9%/yr) than in Virginia (4.3%/yr).
About 6% of adults in Tazewell 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 Tazewell County, Virginia grew by 33.6% from 2009 to 2024, reaching $47,574 in 2024. That's an average of about 2.9% per year.
Income Inequality and the Gender Pay Gap in Tazewell County
| Metric | Tazewell County | Virginia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.560 | 0.544 | 0.552 |
| Male Median Income | $59,094 | $78,585 | $69,667 |
| Female Median Income | $43,618 | $62,626 | $56,850 |
| Gender Pay Gap | 26.2% | 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 Tazewell County, it is 0.560, higher than Virginia's 0.544, so income is less evenly distributed here than there, and higher than the US's 0.552, so income is less evenly distributed here than there.
Men's income is about 35% more than women's income in Tazewell County, Virginia. Over a 35-year career, a 35% wage gap accumulates to roughly $541,660 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Tazewell County, Virginia has narrowed from about 33% to 26% in 2024. Over that period the gap was narrowest at 11% in 2019. In dollar terms, the gap has widened by $2,565 since 2009.
Employment
| Metric | Tazewell County | Virginia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 3.8% | 4.1% | 5.2% |
| Working from Home | 7.0% | 18.3% | 15.0% |
| Commute time (minutes) | 20 | 23 | 22 |
Approximately 561 people are unemployed in Tazewell County, Virginia.
The average commute time in Tazewell County is 20 minutes, shorter than the 23 minutes in Virginia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Tazewell County, Virginia has fallen from 8.1% to 3.8% in 2024. Over that period the rate peaked at 8.9% in 2014.
Tazewell County, VA Wealth Compared With Nearby Counties
Tazewell County, VA is the largest of the 6 counties compared here, 39,616 residents against a local median of 19,415. Tazewell County, VA's income growth, at 2.9%/yr, runs 22% below the 3.7%/yr typical of the counties around it. That is the weaker end of the local range on this measure.
The counties themselves spread 1.3%/yr on income growth, so Tazewell County, VA sits at one end of an already wide local range rather than apart from it. Tazewell County, VA has the 6th 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. |
|---|---|---|---|---|---|
| Tazewell County, VA | 39,616 | $47,574 #4/6 | 2.9%/yr #6/6 | 3.8% #3/6 | 0.560 #2/6 |
| McDowell County, WV | 17,943 | $32,066 | 3.2%/yr | 8.2% | 0.631 |
| Smyth County, VA | 29,374 | $49,886 | 3.2%/yr | 3.1% | 0.526 |
| Bland County, VA | 6,196 | $62,492 | 3.7%/yr | 2.3% | 0.598 |
| Wyoming County, WV | 20,629 | $48,071 | 3.9%/yr | 5.7% | 0.590 |
| Buchanan County, VA | 19,415 | $43,339 | 4.5%/yr | 3.9% | 0.593 |
Conclusion
Considering all these factors, Tazewell 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 Tazewell County, Virginia.
How Rich Is Tazewell County, Virginia?
Tazewell 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 $47,574, about 49% lower than the Virginia average of $93,527.
How has median household income changed in Tazewell County, Virginia?
Between 2009 and 2024, the median household income in Tazewell County, Virginia rose 34%, from $35,618 to $47,574. Over the same years, income here lagged behind Virginia as a whole: +34% against +55%.
What was the median household income in Tazewell County in 2023?
In 2023, the median household income in Tazewell County, Virginia was $46,174, down 1% from $46,757 in 2022. The Virginia median that year was $91,420.
What was the median household income in Tazewell County in 2020?
In 2020, the median household income in Tazewell County, Virginia was $42,300. By 2024 it had risen 12% to $47,574.
What is the Gini coefficient in Tazewell County, Virginia?
The Gini coefficient in Tazewell County is 0.560. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is higher than the US average of 0.552, so income is distributed less equally than in the country overall.
How has the income gap between men and women changed in Tazewell County, Virginia?
Since 2009, the income gap between men and women in Tazewell County, Virginia has narrowed from about 33% to 26% in 2024. Over that period the gap was narrowest at 11% in 2019. In dollar terms, the gap has widened by $2,565 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →