West Springfield, Virginia Income Statistics
West Springfield 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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A+
West Springfield Top grade
Source: Map AI Methodology
Income Statistics Overview
| Metric | West Springfield | Virginia Avg | US Average |
|---|---|---|---|
| Median Household Income | $163,306 | $93,527 | $80,455 |
| Median Personal Income | $96,215 | $68,139 | $60,758 |
| Average Yearly Income Growth | 4.6% | 4.3% | 4.8% |
| Six-Figure Earners | 30.0% | 18.3% | 13.9% |
| $200k+ Households | 35.0% | 17.7% | 13.2% |
The median household income in West Springfield is about 75% higher than in Virginia. Income has been growing faster in West Springfield (4.6%/yr) than in Virginia (4.3%/yr).
About 30% of adults in West Springfield 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 West Springfield, Virginia grew by 55.0% from 2009 to 2024, reaching $163,306 in 2024. That's an average of about 4.6% per year.
Income Inequality and the Gender Pay Gap in West Springfield
| Metric | West Springfield | Virginia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.517 | 0.544 | 0.552 |
| Male Median Income | $116,450 | $78,585 | $69,667 |
| Female Median Income | $86,457 | $62,626 | $56,850 |
| Gender Pay Gap | 25.8% | 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 West Springfield, it is 0.517, 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 35% more than women's income in West Springfield, Virginia. Over a 35-year career, a 35% wage gap accumulates to roughly $1,049,755 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in West Springfield, Virginia has narrowed from about 30% to 26% in 2024. Over that period the gap was widest at 42% in 2010, and was narrowest at 17% in 2022. In dollar terms, the gap has widened by $4,734 since 2009.
Employment
| Metric | West Springfield | Virginia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 1.7% | 4.1% | 5.2% |
| Working from Home | 26.1% | 18.3% | 15.0% |
| Commute time (minutes) | 30 | 23 | 22 |
Approximately 205 people are unemployed in West Springfield, Virginia.
The average commute time in West Springfield is 30 minutes, longer than the 23 minutes in Virginia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in West Springfield, Virginia has fallen from 3.2% to 1.7% in 2024. Over that period the rate peaked at 5.1% in 2015.
West Springfield, VA Wealth Compared With Nearby Cities
How West Springfield, VA compares with the 1 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. |
|---|---|---|---|---|---|
| West Springfield, VA | 22,545 | $163,306 #2/2 | 4.6%/yr #1/2 | 1.7% #1/2 | 0.517 #1/2 |
| Burke, VA | 44,188 | $185,486 | 4.1%/yr | 5.4% | 0.524 |
Conclusion
Considering all these factors, West Springfield, Virginia has an overall wealth index grade of A+, making it notably better than Virginia, and far better than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in West Springfield, Virginia.
How Rich Is West Springfield, Virginia?
West Springfield 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 it is one of the most prosperous areas in the country. The median household income is $163,306, about 75% higher than the Virginia average of $93,527.
How has median household income changed in West Springfield, Virginia?
Between 2009 and 2024, the median household income in West Springfield, Virginia rose 55%, from $105,348 to $163,306. Over the same years, income here kept pace with Virginia as a whole: +55% against +55%.
What was the median household income in West Springfield in 2023?
In 2023, the median household income in West Springfield, Virginia was $158,220, up 1% from $156,275 in 2022. The Virginia median that year was $91,420.
What was the median household income in West Springfield in 2020?
In 2020, the median household income in West Springfield, Virginia was $128,756. By 2024 it had risen 27% to $163,306.
Is West Springfield, Virginia a high-income area?
Yes. 30% of adults in West Springfield, Virginia earn $100,000 or more a year (about 1 in 3), against 18% (about 1 in 5) in Virginia. 35% of households have a combined income of $200,000 or more, compared with 18% in Virginia.
Is it hard to find a job in West Springfield, Virginia?
Unemployment in West Springfield, Virginia is only 1.7%, 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 West Springfield, Virginia?
The Gini coefficient in West Springfield is 0.517. 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 West Springfield, Virginia?
Since 2009, the income gap between men and women in West Springfield, Virginia has narrowed from about 30% to 26% in 2024. Over that period the gap was widest at 42% in 2010, and was narrowest at 17% in 2022. In dollar terms, the gap has widened by $4,734 since 2009.
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