Williamsburg city, Virginia Income Statistics
Williamsburg city 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.
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D
Williamsburg city Well below averageLess wealthy than 86% of counties in Virginia
Source: Map AI Methodology
Income Statistics Overview
| Metric | Williamsburg city | Virginia Avg | US Average |
|---|---|---|---|
| Median Household Income | $75,948 | $93,527 | $80,455 |
| Median Personal Income | $53,640 | $68,139 | $60,758 |
| Average Yearly Income Growth | 5.4% | 4.3% | 4.8% |
| Six-Figure Earners | 10.0% | 18.3% | 13.9% |
| $200k+ Households | 10.9% | 17.7% | 13.2% |
The median household income in Williamsburg city is about 19% lower than in Virginia. Income has been growing faster in Williamsburg city (5.4%/yr) than in Virginia (4.3%/yr).
About 10% of adults in Williamsburg city 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 Williamsburg city, Virginia grew by 80.3% from 2009 to 2024, reaching $75,948 in 2024. That's an average of about 5.4% per year.
Williamsburg city has stayed below the U.S. median household income in every year from 2009 to 2024 and has never reached it. It came closest in 2010, at 1.7% lower. The gap has narrowed from 18% in 2009 to 5.6% in 2024.
Income Distribution in Williamsburg city
How incomes are spread across brackets, compared with the U.S. Pick a range to count who falls in it.
Households by income, 2024
Income range calculator
About 1,922 households (38.5% of all households) have an income of $100,000 or more.
Across the U.S.: 40.2% of all households.
In 2024, 26.7% of households in Williamsburg city had an income under $35,000 and 21.0% had $150,000 or more. Across the U.S., those shares were 21.6% and 22.8%.
Compared with the U.S., Williamsburg city has a larger share of households earning $25,000 to $34,999 (9.6% vs 6.7%) and a smaller share earning $200,000 or more (10.9% vs 13.2%).
| Household income | Households | Share | U.S. share |
|---|---|---|---|
| Under $10,000 | 397 | 8.0% | 5.1% |
| $10,000 to $14,999 | 165 | 3.3% | 3.5% |
| $15,000 to $24,999 | 291 | 5.8% | 6.4% |
| $25,000 to $34,999 | 481 | 9.6% | 6.7% |
| $35,000 to $49,999 | 441 | 8.8% | 10.1% |
| $50,000 to $74,999 | 701 | 14.0% | 15.5% |
| $75,000 to $99,999 | 599 | 12.0% | 12.6% |
| $100,000 to $149,999 | 871 | 17.4% | 17.4% |
| $150,000 to $199,999 | 509 | 10.2% | 9.5% |
| $200,000 or more | 542 | 10.9% | 13.2% |
Shares are of all 4,996 households, one per occupied home whatever its size. Households with zero or negative income are counted in the lowest bracket. Source: ACS 5-year estimates ending 2024 (table B19001).
Residents 15+ by personal income, 2024
Income range calculator
About 1,447 residents (10.0% of residents aged 15 and over) have a personal income of $100,000 or more.
Across the U.S.: 13.9% of residents aged 15 and over.
That is 12.1% of residents who have any income.
In 2024, 16.8% of Williamsburg city residents aged 15 and over reported no personal income, 43.5% had some income but less than $25,000, and 15.6% had $75,000 or more. Across the U.S., those shares were 12.8%, 28.7% and 22.0%.
Compared with the U.S., Williamsburg city has a larger share of residents earning $1 to $9,999 (29.9% vs 11.2%) and a smaller share earning $50,000 to $74,999 (8.3% vs 14.3%).
| Personal income | Residents | Share | U.S. share |
|---|---|---|---|
| No income | 2,432 | 16.8% | 12.8% |
| $1 to $9,999 | 4,309 | 29.9% | 11.2% |
| $10,000 to $14,999 | 966 | 6.7% | 7.0% |
| $15,000 to $24,999 | 1,002 | 6.9% | 10.5% |
| $25,000 to $34,999 | 1,139 | 7.9% | 9.5% |
| $35,000 to $49,999 | 1,141 | 7.9% | 12.6% |
| $50,000 to $74,999 | 1,192 | 8.3% | 14.3% |
| $75,000 to $99,999 | 805 | 5.6% | 8.2% |
| $100,000 or more | 1,447 | 10.0% | 13.9% |
Shares are of the 14,433 residents aged 15 and over, the only people the Census Bureau asks about income, and include those who reported none. A share of the whole population would count children as people without income, while a share of earners alone would hide the 16.8% with no income; the calculator adds that second share whenever your range leaves out people with no income. Source: ACS 5-year estimates ending 2024 (table B19325).
Income Inequality and the Gender Pay Gap in Williamsburg city
| Metric | Williamsburg city | Virginia Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.678 | 0.544 | 0.552 |
| Male Median Income | $54,160 | $78,585 | $69,667 |
| Female Median Income | $55,893 | $62,626 | $56,850 |
| Gender Pay Gap | -3.2% | 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 Williamsburg city, it is 0.678, 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.
Women's income is about 3% more than men's income in Williamsburg city, Virginia. Over a 35-year career, a 3% wage gap accumulates to roughly $60,655 in unearned income for male workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Williamsburg city, Virginia has narrowed from about 14% to -3% in 2024. Over that period the gap was widest at 46% in 2019. In dollar terms, the gap has narrowed by $7,335 since 2009.
Employment
| Metric | Williamsburg city | Virginia Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 6.7% | 4.1% | 5.2% |
| Working from Home | 18.1% | 18.3% | 15.0% |
| Commute time (minutes) | 16 | 23 | 22 |
Approximately 469 people are unemployed in Williamsburg city, Virginia.
The average commute time in Williamsburg city is 16 minutes, shorter than the 23 minutes in Virginia.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Williamsburg city, Virginia has risen from 6.5% to 6.7% in 2024. Over that period the rate peaked at 9.0% in 2016 and fell as low as 5.1% in 2020.
Williamsburg city has crossed the U.S. unemployment rate 3 times since 2011, most recently moving above it by 2021. In 2024 its rate was 1.5 points higher.
Williamsburg city, VA Wealth Compared With Nearby Counties
Williamsburg city, VA is the 4th largest of the 5 counties compared here, 15,698 residents against a local median of 55,265. Where Williamsburg city, VA breaks from the counties next to it is unemployment, sitting 104% above the local median of 3.3% at 6.7%. That is the weaker end of the local range on this measure.
Income growth tells the same story from another angle: 5.4%/yr against a local median of 3.7%/yr, 45% above it. The picture is mixed rather than uniform: income growth runs ahead of the neighbourhood while unemployment runs behind it, so Williamsburg city, VA is trading one against the other rather than simply out-performing what surrounds it. The counties themselves spread 2.3% on unemployment, so Williamsburg city, VA sits at one end of an already wide local range rather than apart from it. Williamsburg city, VA has the 5th lowest unemployment of the 5 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. |
|---|---|---|---|---|---|
| Williamsburg city, VA | 15,698 | $75,948 #5/5 | 5.4%/yr #1/5 | 6.7% #5/5 | 0.678 #5/5 |
| James City County, VA | 81,013 | $109,376 | 3.9%/yr | 2.7% | 0.521 |
| Gloucester County, VA | 39,526 | $83,842 | 3.7%/yr | 2.9% | 0.525 |
| Surry County, VA | 6,549 | $76,562 | 3.7%/yr | 5.0% | 0.523 |
| York County, VA | 71,005 | $111,954 | 3.6%/yr | 3.7% | 0.522 |
Conclusion
Considering all these factors, Williamsburg city, 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 Williamsburg city, Virginia.
How Rich Is Williamsburg city, Virginia?
Williamsburg city 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 $75,948, about 19% lower than the Virginia average of $93,527.
How fast is household income rising in Williamsburg city, Virginia?
Between 2009 and 2024, the median household income in Williamsburg city, Virginia rose 80%, from $42,132 to $75,948. Over the same years, income here outpaced Virginia as a whole: +80% against +55%.
What was the median household income in Williamsburg city in 2023?
In 2023, the median household income in Williamsburg city, Virginia was $70,017, up 3% from $68,182 in 2022. The Virginia median that year was $91,420.
What was the median household income in Williamsburg city in 2020?
In 2020, the median household income in Williamsburg city, Virginia was $59,375. By 2024 it had risen 28% to $75,948.
Is it hard to find a job in Williamsburg city, Virginia?
Unemployment in Williamsburg city, Virginia is 6.7%, well above the Virginia rate of 4.1%, so job seekers may face more competition than elsewhere.
What is the Gini coefficient in Williamsburg city, Virginia?
The Gini coefficient in Williamsburg city is 0.678. 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 Williamsburg city, Virginia?
Since 2009, the income gap between men and women in Williamsburg city, Virginia has narrowed from about 14% to -3% in 2024. Over that period the gap was widest at 46% in 2019. In dollar terms, the gap has narrowed by $7,335 since 2009.
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