King George County VA Data & Peer Group Rankings

HOUSING AFFORDABILITY INDEX
King George County VA Housing Affordability Index is 156 State of Virginia Housing Affordability Index is 126
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX
King George County VA Wealth Index is 135 State of Virginia Wealth Index is 124
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties / Independent Cities, and ZIP Codes.

POPULATION
Total Population	26,555 (100%)
Population in Households	26,254 (98.9%)
Population in Families	22,622 (85.2%)
Population in Group Quarters¹	301 ( 1.1%)
Population Density	148
Diversity Index²	46

INCOME
Median Household Income	$89,623
Average Household Income	$110,537
Per Capita Income	$38,957
Wealth Index⁴	135

HOUSING
Total Housing Units	10,655 (100%)
Owner Occupied HU	7,372 (69.2%)
Renter Occupied HU	1,975 (18.5%)
Vacant Housing Units	1,308 (12.3%)
Median Home Value	$297,929
Housing Affordability Index³	156

HOUSEHOLDS
Total Households	9,347
Average Household Size	2.81
Family Households	6,993
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

King George County VA - Peer Comparisons by Rank and Percentile

The table below compares King George County to the other 133 counties / independent cities and county equivalents in Virginia by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2010-2019	2019-2024
Population	1.29%	1.77%
Households	1.19%	1.72%
Families	1.12%	1.66%
Median Household Income		2.32%
Per Capita Income		2.01%

Variable Description	Rank	Percentile
Total Population	# 68	50th
Population Density	# 56	59th
Diversity Index	# 66	51st
Median Household Income	# 14	90th
Per Capita Income	# 18	87th

King George County VA Information

King George County VA Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

WEALTH INDEX

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

King George County VA - Peer Comparisons by Rank and Percentile

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