Virginia · GEOID 51147

Prince Edward County

2024 ACS 5-year estimates · population 21,996 · 9,209 housing units

Median household income

$56,315

State $99,933

Median home value

$216,600

State $421,251

Median gross rent

$931

State $1,592

Homeownership rate

58.0%

State 67.3%

Renter cost-burden rate

52.8%

≥30% of income

Owner cost-burden rate

21.3%

≥30% of income

Homeowner vacancy

0.6%

Of owner-occupied + for-sale units

Rental vacancy

0.9%

Of renter-occupied + for-rent units

Overall vacancy

17.0%

All housing units

Price-to-income ratio

3.85

Affordable: 2.0–3.0

Section 1

Community Profile

Population, demographics, household composition, and income.

Community Data Summary

	Prince Edward County	Virginia
Population	21,996	8,705,170
Population density (per sq. mi.)	62.86	—
Median household income	$56,315	$99,933
HUD Area Median Income (4-person, 100%)	$78,800	—
Households	7,641	—
Average household size	2.28 people	—
Owner-occupied	58.0%	67.3%
Renter-occupied	42.0%	32.7%
Race	62.2% White · 29.8% Black	0.0% White · 0.0% Black

Source: ACS 5-year 2024 (Tables DP05, S1101, DP04, S1901) and Census Gazetteer (land area); HUD FY2026 Income Limits.

Racial composition

Prince Edward County compared with Virginia.

Source: ACS 5-year 2024, Table DP05.

Educational attainment (population 25+)

27.3% hold a bachelor's degree or higher (state: 42.2%).

Source: ACS 5-year 2024, Table S1501.

Median Household Income by Tenure

Owner-occupied vs. renter-occupied household income, county and state.

Source: ACS 5-year 2024, Table B25119.

Median Household Income by Age of Householder

Median household income by age group of householder.

Source: ACS 5-year 2024, Table B19049.

Median Household Income by Number of Earners

Median household income for families with each earner count.

Source: ACS 5-year 2024, Table S1903.

Household Size

Distribution of households by number of people.

Source: ACS 5-year 2024, Table S2501.

Income by Number of Earners

Earners	Share	Median income	Attainable monthly housing cost	Attainable home
0 earners	13.5%	$34,569	$864	$97,658
1 earner	39.1%	$47,817	$1,195	$146,972
2 earners	38.9%	$106,850	$2,671	$366,712
3+ earners	8.6%	$150,792	$3,770	$530,279

Attainable monthly housing cost = 30% of gross income ÷ 12. Attainable home price assumes 30% housing budget, 30-yr mortgage at 7%, 5% down.

Source: ACS 5-year 2024, Table S1903; affordability formula derived.

Households

7,641

Average size: 2.28 people

Households with children

1,828

23.9% of households

Per-capita income

$27,082

Poverty rate: 19.3%

Section 2

Residential Market Analysis

Housing stock characteristics — tenure, type, age, size, vacancy, rents.

Tenure

58.0% owner-occupied vs. state average 67.3%.

Source: ACS 5-year 2024, Table DP04.

Structure type

Single-family share 69.7% · Missing middle (2–19 units) 14.9%.

Source: ACS 5-year 2024, Table B25024.

Housing stock by decade

45.7% built before 1980 · Median structure age 1,980.00 yrs.

Source: ACS 5-year 2024, Table S2504.

Housing size mismatch

Compares the share of housing units by bedroom count against the share of households by size — a common diagnostic of housing supply/demand alignment.

Source: ACS 5-year 2024, Tables B25041 (bedrooms) and S2501 (household size).

Home value distribution

Owner-occupied homes by value bracket. Median: $216,600.

Source: ACS 5-year 2024, Table DP04.

Monthly Housing Costs

Distribution of monthly housing costs across all occupied units.

Source: ACS 5-year 2024, Table B25104.

Number of Bedrooms

Housing units by number of bedrooms.

Source: ACS 5-year 2024, Table B25041.

Median rent by bedroom

Overall median gross rent: $931.

Source: ACS 5-year 2024, Table B25031.

Renters by age

Number of renter householders by age bracket.

Source: ACS 5-year 2024, Table S2502.

Owners by age

Number of owner householders by age bracket.

Source: ACS 5-year 2024, Table S2502.

Vacancy composition

All 1,568 vacant units split into Census's seven categories. Frictional vacancy (units actively on the market) reflects healthy churn. Structural vacancy (seasonal, migrant, other) sits outside the market for year-round residents — high values change how the headline vacancy rate should be read.

Vacant units by type

For sale 1.6% · For rent 2.0% · Seasonal 41.2% · Other 53.1%.

Source: ACS 5-year 2024, Table B25004.

Frictional vs structural

5.7% of vacancy is frictional (for sale + for rent + rented/sold not yet occupied); 94.3% is structural (seasonal + migrant + other).

Source: ACS 5-year 2024, Table B25004.

Seasonal / recreational share of all housing

7.0%

646 units of 9,209 total

Housing units held for seasonal or recreational use.

"Other vacant" share of all housing

9.0%

832 units of 9,209 total

⚑ Above the 5% threshold — possible indicator of disinvestment, abandonment, or condemned stock.

Section 3

Workforce Housing Needs Assessment

Affordability, cost burden, and the housing options for households in the workforce income range.

Workforce range — ACS median household income

80% MHI$45,052

100% MHI$56,315

120% MHI$67,578

County-wide median from ACS 5-year estimates. A household at 100% MHI in Prince Edward County should be able to afford a home up to roughly — (30% housing budget, default mortgage terms).

Workforce range — HUD Area Median Income

	1-person	2-person	4-person
80% AMI	$44,750	$51,150	$63,900
100% AMI	$55,160	$63,040	$78,800
120% AMI	$66,200	$75,650	$94,550

HUD FMR Area: Prince Edward County, VA. 80% AMI uses HUD's published Section 8 Low Income Limits; 100% is HUD MFI; 120% is the standard workforce convention.

Affordability calculator

Follows the standard 30%-of-gross-income affordability rule.

Income basis Household income Interest rate % Down payment % Taxes & insurance / yr

Affordable monthly—

Affordable home price—

Renter cost burden

52.8% of renter households spend ≥30% of income on rent (27.3% spend ≥50%).

Source: ACS 5-year 2024, Table B25070.

Owner cost burden by income

21.3% of homeowners spend ≥30% of income on housing. Bars show counts of cost-burdened owners by income bracket.

Source: ACS 5-year 2024, Table B25106.

Household income — owners vs renters

Distribution of household income for owner-occupied (navy) and renter-occupied (gold) households.

Source: ACS 5-year 2024, Table B25118.

Section 4

Industry & Workforce Wages

Employment, average wages, and the housing each industry's typical earner can afford in Prince Edward County.

Covered employment

6,205

Across 17 sectors

Establishments

688

QCEW 2024

Avg annual pay (workforce)

$44,929

Employment-weighted across sectors

Top 10 sectors by employment

Annual average employment by NAICS 2-digit sector. Counties with fewer than five covered establishments in a sector may show suppressed totals.

Source: BLS QCEW Annual Averages, 2024.

Attainable housing by industry

Industry	Employment	Avg annual wage	Affordable home price	vs. median value	Affordable monthly rent
NAICS 44-45 Retail trade NAICS 44-45	1,232	$33,933	$95,291	−$121,309	$848
NAICS 61 Educational services NAICS 61	1,202	$60,933	$195,794	−$20,806	$1,523
NAICS 72 Accommodation and food services NAICS 72	1,089	$20,982	$47,083	−$169,517	$525
NAICS 92 Public administration NAICS 92	608	$54,307	$171,130	−$45,470	$1,358
NAICS 23 Construction NAICS 23	468	$71,817	$236,308	+$19,708	$1,795
NAICS 48-49 Transportation and warehousing NAICS 48-49	247	$58,896	$188,211	−$28,389	$1,472
NAICS 31-33 Manufacturing NAICS 31-33	244	$41,284	$122,654	−$93,946	$1,032
NAICS 56 Administrative and support and waste management and remediation services NAICS 56	237	$38,556	$112,499	−$104,101	$964
NAICS 81 Other services (except public administration) NAICS 81	229	$32,954	$91,646	−$124,954	$824
NAICS 52 Finance and insurance NAICS 52	135	$76,324	$253,084	+$36,484	$1,908
NAICS 54 Professional, scientific, and technical services NAICS 54	128	$61,225	$196,881	−$19,719	$1,531
NAICS 51 Information NAICS 51	96	$38,627	$112,763	−$103,837	$966
NAICS 71 Arts, entertainment, and recreation NAICS 71	94	$22,525	$52,826	−$163,774	$563
NAICS 53 Real estate and rental and leasing NAICS 53	87	$42,950	$128,855	−$87,745	$1,074
NAICS 55 Management of companies and enterprises NAICS 55	70	$49,632	$153,728	−$62,872	$1,241
NAICS 99 Unclassified NAICS 99	37	$44,402	$134,260	−$82,340	$1,110
NAICS 62 Health care and social assistance NAICS 62	2	$67,775	$221,262	+$4,662	$1,694

Subsector	Employment	Avg annual wage	Affordable home price	vs. median value	Affordable monthly rent
NAICS 611 Educational services NAICS 611	1,202	$60,933	$195,794	−$20,806	$1,523
NAICS 722 Food services and drinking places NAICS 722	998	$20,909	$46,811	−$169,789	$523
NAICS 621 Ambulatory health care services NAICS 621	559	$54,918	$173,404	−$43,196	$1,373
NAICS 455 General merchandise retailers NAICS 455	452	$29,033	$77,051	−$139,549	$726
NAICS 623 Nursing and residential care facilities NAICS 623	417	$41,159	$122,188	−$94,412	$1,029
NAICS 624 Social assistance NAICS 624	279	$31,933	$87,846	−$128,754	$798
NAICS 922 Justice, public order, and safety activities NAICS 922	247	$53,895	$169,596	−$47,004	$1,347
NAICS 921 Executive, legislative, and other general government support NAICS 921	242	$51,883	$162,107	−$54,493	$1,297
NAICS 238 Specialty trade contractors NAICS 238	170	$53,833	$169,365	−$47,235	$1,346
NAICS 449 Furniture, home furnishings, electronics, and appliance retailers NAICS 449	130	$56,449	$179,103	−$37,497	$1,411
NAICS 541 Professional, scientific, and technical services NAICS 541	128	$61,225	$196,881	−$19,719	$1,531
NAICS 445 Food and beverage retailers NAICS 445	119	$23,870	$57,833	−$158,767	$597
NAICS 423 Merchant wholesalers, durable goods NAICS 423	108	$61,410	$197,569	−$19,031	$1,535
NAICS 441 Motor vehicle and parts dealers NAICS 441	108	$36,559	$105,066	−$111,534	$914
NAICS 457 Gasoline stations and fuel dealers NAICS 457	91	$37,326	$107,921	−$108,679	$933
NAICS 721 Accommodation NAICS 721	91	$21,787	$50,079	−$166,521	$545
NAICS 459 Sporting goods, hobby, musical instrument, book, and miscellaneous retailers NAICS 459	89	$43,847	$132,194	−$84,406	$1,096
NAICS 813 Religious, grantmaking, civic, professional, and similar organizations NAICS 813	84	$33,357	$93,147	−$123,453	$834
NAICS 522 Credit intermediation and related activities NAICS 522	78	$55,596	$175,928	−$40,672	$1,390
NAICS 812 Personal and laundry services NAICS 812	72	$23,737	$57,338	−$159,262	$593
NAICS 551 Management of companies and enterprises NAICS 551	70	$49,632	$153,728	−$62,872	$1,241
NAICS 923 Administration of human resource programs NAICS 923	67	$58,061	$185,103	−$31,497	$1,452
NAICS 531 Real estate NAICS 531	63	$40,062	$118,105	−$98,495	$1,002
NAICS 456 Health and personal care retailers NAICS 456	61	$41,264	$122,579	−$94,021	$1,032
NAICS 811 Repair and maintenance NAICS 811	56	$45,629	$138,827	−$77,773	$1,141
NAICS 713 Amusement, gambling, and recreation industries NAICS 713	53	$19,964	$43,293	−$173,307	$499
NAICS 113 Forestry and logging NAICS 113	48	$53,338	$167,523	−$49,077	$1,333
NAICS 327 Nonmetallic mineral product manufacturing NAICS 327	45	$43,752	$131,840	−$84,760	$1,094
NAICS 712 Museums, historical sites, and similar institutions NAICS 712	41	$25,836	$65,151	−$151,449	$646
NAICS 491 Postal service NAICS 491	37	$63,203	$204,244	−$12,356	$1,580
NAICS 999 Unclassified NAICS 999	37	$44,402	$134,260	−$82,340	$1,110
NAICS 924 Administration of environmental quality programs NAICS 924	30	$69,271	$226,831	+$10,231	$1,732
NAICS 532 Rental and leasing services NAICS 532	25	$48,509	$149,547	−$67,053	$1,213
NAICS 926 Administration of economic programs NAICS 926	17	$43,807	$132,045	−$84,555	$1,095
NAICS 332 Fabricated metal product manufacturing NAICS 332	16	$69,893	$229,146	+$12,546	$1,747
NAICS 814 Private households NAICS 814	16	$30,004	$80,666	−$135,934	$750
NAICS 237 Heavy and civil engineering construction NAICS 237	14	$54,670	$172,481	−$44,119	$1,367
NAICS 112 Animal production and aquaculture NAICS 112	14	$45,768	$139,345	−$77,255	$1,144
NAICS 425 Wholesale trade agents and brokers NAICS 425	14	$111,253	$383,102	+$166,502	$2,781
NAICS 925 Administration of housing programs, urban planning, and community development NAICS 925	5	$73,878	$243,979	+$27,379	$1,847
NAICS 928 National security and international affairs NAICS 928	1	$68,542	$224,117	+$7,517	$1,714

Affordable home price assumes the industry's average earner uses 30% of gross income for housing, with a 30-year mortgage at 7%, 5% down, $2,500/yr taxes & insurance, and 0.5% PMI. Adjust the Section 3 calculator for other terms. Affordable rent is 30% of monthly gross pay.

Source: BLS QCEW Annual Averages, 2024; ACS 5-year 2024 (median home value).

Section 5

Wages by Occupation

Selected essential-worker occupations for the MSA or nonmetropolitan area containing this county — jobs, the 10-year change, wages, and the housing each typical earner can afford. Both jobs counts and wages are reported at the MSA / nonmetropolitan-area level (BLS does not publish OEWS at the county level), so every county inside the same area shows the same numbers. For county-accurate employment totals, see Section 4 above.

Occupational wages and affordable housing

Occupation	2025 jobs	2015–2025 change	% change	Hourly wage	Annual wage	Affordable home price	Affordable monthly rent
Fast Food and Counter Workers SOC 35-3023 · prior-year code differs	3,120	(90)	(3%)	$14.01	$29,140	$77,449	$729
Cashiers SOC 41-2011	3,160	(1,140)	(27%)	$14.59	$30,340	$81,916	$759
Childcare Workers SOC 39-9011	230	40	21%	$15.97	$33,210	$92,599	$830
Janitors and Cleaners SOC 37-2011	1,610	(20)	(1%)	$16.39	$34,090	$95,875	$852
Retail Salespersons SOC 41-2031	2,610	(590)	(18%)	$16.67	$34,670	$98,034	$867
Home Health and Personal Care Aides SOC 31-1131 · prior-year code differs	1,740	(1,250)	(42%)	$19.00	$39,510	$116,050	$988
Construction Laborers SOC 47-2061	670	180	37%	$19.47	$40,490	$119,698	$1,012
Tellers SOC 43-3071	360	(120)	(25%)	$20.04	$41,690	$124,165	$1,042
Waiters and Waitresses SOC 35-3031	1,290	(430)	(25%)	$20.35	$42,340	$126,584	$1,059
Office Clerks, General SOC 43-9061	1,880	(910)	(33%)	$20.79	$43,250	$129,972	$1,081
Carpenters SOC 47-2031	500	(60)	(11%)	$23.39	$48,660	$150,110	$1,217
Firefighters SOC 33-2011	230	—	—	$23.79	$49,490	$153,199	$1,237
Maintenance and Repair Workers, General SOC 49-9071	1,090	40	4%	$24.92	$51,830	$161,909	$1,296
Paramedics SOC 29-2043 · prior-year code differs	100	(240)	(71%)	$25.73	$53,520	$168,200	$1,338
Heavy and Tractor-Trailer Truck Drivers SOC 53-3032	2,190	330	18%	$26.34	$54,790	$172,927	$1,370
Plumbers, Pipefitters, and Steamfitters SOC 47-2152	200	20	11%	$27.32	$56,820	$180,484	$1,421
Police and Sheriff's Patrol Officers SOC 33-3051	730	160	28%	$27.52	$57,230	$182,010	$1,431
Elementary School Teachers, Except Special Education SOC 25-2021	1,400	(90)	(6%)	—	$62,100	$200,138	$1,553
Electricians SOC 47-2111	320	(90)	(22%)	$30.36	$63,140	$204,009	$1,579
Registered Nurses SOC 29-1141	2,050	210	11%	$41.07	$85,430	$286,980	$2,136

Affordable home price uses the same Section 3 formula (30% housing budget, 30-year mortgage at 7%, 5% down, $2,500/yr T&I, 0.5% PMI). Affordable rent is 30% of monthly wages. Negative job-change values are shown in red parentheses. A "prior-year code differs" note flags occupations whose SOC code changed between the two vintages (2010 SOC → 2018 SOC) — the change estimate is best-effort.

Source: BLS OEWS May 2025 (10-year change vs. May 2015). Jobs counts and wages reflect the MSA or nonmetropolitan area containing this county, not the county alone — OEWS is not published at the county level.

Methodology & sources

All figures derive from the 2024 American Community Survey 5-year estimates. State and national comparisons are population-weighted aggregates of county-level estimates (an approximation; ACS publishes its own state and national medians which can differ slightly).

The affordability calculator uses a 30% housing-budget rule with a 30-year mortgage. Defaults are 7% interest, 5% down, $2,500/year taxes and insurance, and 0.5% PMI — adjustable above.

Variables: 51147 · pulled from Full Housing Data Table.xlsx.