Vienna, Poquoson, Purcellville: These cities aren’t just some of the best places to live in Virginia. They are also home to some of the richest people in the Old Dominion.
Vienna in particular houses the richest residents in the state thanks, in part, to a median household income of $143,276 and a ridiculously low poverty rate of 3.7%.
If you’re thinking of moving to one of these towns, you’ll probably need to start saving. The richest places in Virginia share common characteristics such as having a genius level populous, sky high home prices, and a Pleasantville level of married couples.
How did we come up with these mega wealthy cities? We analyzed Census data from the 2012-2016 American Community Survey for the 62 places in Virginia with more than 5,000 people.
At the end of the day, here’s the set of the 10 richest places in Virginia for 2018:
- Vienna (Photos)
- Poquoson (Photos)
- Purcellville (Photos)
- Leesburg (Photos)
- Falls Church (Photos)
- Bridgewater (Photos)
- Manassas Park (Photos)
- Alexandria (Photos)
- Fairfax (Photos)
- Herndon (Photos)
For more on how we calculated the top ten, read on or skip to the end for the full list of the richest cities in Virginia.
How We Determined The Richest Places In Virginia For 2018
The first thing that comes to most people’s minds when they think about determining the richest places is to simply identify personal incomes. After all, rich people have really high salaries.
However, we don’t believe that one statistic wholly encompasses what it means to be one of the ‘richest places’. So we looked at this set of criteria from the newly released 2012-2016 American Community Survey:
- Poverty Level
- Median Household Income
- Unemployment Rate
Median household income is the most digestible way to understand how rich a place really is. The unemployment rate tries to capture the prospects for more people to become rich. If more people are employed, the richer the future looks.
After we collected the data for all 62 places with more than 5,000 people in Virginia, we ranked each place from 1 to 62 for each of the criteria, with 1 being the richest.
We then averaged all the rankings for a place into a ‘Rich Score’ with the place having the lowest overall Rich Score, Vienna, crowned the ‘Richest Place In Virginia For 2018’.
You can learn more about the top ten below or skip to the end to see the rankings for all 62 places.
Population: 16,378Median Income: $143,276
Unemployment Rate: 2.9%
Poverty Rate: 3.7%
Vienna (/vin/) is a town in Fairfax County, Virginia, United States. As of the 2010 United States Census, it had a population of 15,687. Significantly more people live in ZIP codes with the Vienna postal addresses (22180, 22181, and 22182) bordered approximately by Interstate 66 on the south, Interstate 495 on the east, Route 7 to the north, and Hunter Mill road to the west.
Population: 12,068Median Income: $84,643
Unemployment Rate: 3.2%
Poverty Rate: 4.7%
Poquoson /pkosn/ is an independent city in the Commonwealth of Virginia. As of the 2010 census, the population was 12,150. The Bureau of Economic Analysis combines the city of Poquoson with surrounding York County for statistical purposes.
Population: 8,914Median Income: $117,736
Unemployment Rate: 4.7%
Poverty Rate: 4.4%
Purcellville is a town in Loudoun County, Virginia, United States. The population was 9,232 according to the United States Census 2015 Population Estimate (as of July 1, 2015). Purcellville is the major population center for western Loudoun and the Loudoun Valley. Today[update], many of the older structures remaining in Purcellville reflect the Victorian architecture popular during the early 20th century. Patrick Henry College is located in the town.
Population: 49,401Median Income: $102,132
Unemployment Rate: 4.0%
Poverty Rate: 5.7%
Leesburg is a historic town within and the county seat of Loudoun County, Virginia. Leesburg is 33 miles (53 km) west-northwest of Washington, D.C. along the base of Catoctin Mountain and adjacent to the Potomac River. Its population according to the 2010 Census is 42,616. The town is also the northwestern terminus of the Dulles Greenway, a private toll road that connects to the Dulles Toll Road at Washington Dulles International Airport.
5. Falls Church
Population: 13,597Median Income: $115,244
Unemployment Rate: 5.3%
Poverty Rate: 2.7%
Falls Church is an independent city in the U.S. state of Virginia. As of the 2010 census, the population was 12,332. The estimated population in 2015 was 13,892. Falls Church is included in the Washington metropolitan area. Falls Church has the lowest level of poverty of any independent city or county in the United States.
Population: 5,906Median Income: $56,764
Unemployment Rate: 3.3%
Poverty Rate: 4.9%
Bridgewater is an incorporated town in Rockingham County, Virginia, United States. The population was 5,644 at the 2010 census. It is included in the Harrisonburg, Virginia Metropolitan Statistical Area. Bridgewater is also home to Bridgewater College.
7. Manassas Park
Population: 15,827Median Income: $75,027
Unemployment Rate: 4.6%
Poverty Rate: 8.7%
Manassas Park is an independent city in the U.S. state of Virginia. As of the 2010 census, the population was 14,273. Manassas Park is bordered by the city of Manassas and Prince William County. Manassas Park is a part of the Washington-Arlington-Alexandria, DC-VA-MD-WV Metropolitan Statistical Area. ‘A’ Fort and Battery Hill Redoubt-Camp Early resides in Manassas Park.
Population: 151,473Median Income: $89,200
Unemployment Rate: 4.0%
Poverty Rate: 9.8%
Alexandria is an independent city in the Commonwealth of Virginia in the United States. As of the 2010 census, the population was 139,966, and in 2016, the population was estimated to be 155,810. Located along the western bank of the Potomac River, Alexandria is approximately 7 miles (11 km) south of downtown Washington, D.C.
Population: 23,620Median Income: $104,065
Unemployment Rate: 5.5%
Poverty Rate: 6.2%
Fairfax (/fr.fæks/ FAIR-faks), colloquially Central Fairfax, Downtown Fairfax, Fairfax City, or the City of Fairfax, is an independent city in the Commonwealth of Virginia. As of the 2010 census the population was 22,565, which had risen to an estimated 24,013 as of 2015.
Population: 24,415Median Income: $104,204
Unemployment Rate: 5.8%
Poverty Rate: 7.4%
Herndon is a town in Fairfax County, Virginia, in the Washington, D.C. metropolitan area of the United States. The population was 23,292 at the 2010 census, which makes it the largest of three incorporated towns in the county.
There You Have It – The Richest Places In Virginia For 2018
Like we said earlier, when we set out to identify the richest places in Virginia, we weren’t sure what we’d encounter, but it ended up being some of the best places to live in Virginia.
When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.
If you’re curious enough, here are the poorest cities in Virginia, according to data:
2nd Poorest: Petersburg
3rd Poorest: Radford
For more Virginia reading , check out:
Detailed List Of The Richest Cities In Virginia
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