The median household income in Staunton, Virginia, is $66,444.
This figure represents a key economic indicator, providing insight into the financial well-being of households within the city. Understanding the median income helps to gauge the overall economic landscape and quality of life for residents in Staunton.
Economic Snapshot of Staunton, VA
Beyond median household income, other economic factors contribute to the picture of living in Staunton. These include commute times and unemployment rates, which collectively offer a more comprehensive view of the local economy and lifestyle.
Here's a quick look at some key economic indicators for Staunton:
| Economic Indicator | Value |
|---|---|
| Median Household Income | $66,444 |
| Average Commute Time | 26.0 minutes |
| Unemployment Rate | 4.81% |
The average commute time indicates the typical duration residents spend traveling to and from work, which can influence daily routines and perceived quality of life. An unemployment rate of 4.81% reflects the percentage of the labor force that is actively seeking employment but currently without a job, offering a measure of the local job market's health.
These statistics collectively provide a valuable economic overview for individuals considering living in or moving to Staunton, Virginia, highlighting both financial prosperity and lifestyle factors.
