The 10 Richest Cities In Virginia For 2022


We analyzed 62 places in Virginia to determine where the 1% live.

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We’re just going to leave this right here: if you’re the 10th oldest state in the county, you better believe you house some crazy rich cities. And, yes, we’re talking about you Virginia.

If you’re looking for safe cities and neighborhoods, amazing schools, and high-end shopping, with a bank account to match, you can stop your search. There are cities in on our top ten tichest cities in Virginia that have these 5-star amenities, and then some. And, yes, they are mainly centralized around Washington D. C.

To create this list, we asked ourselves, what is important to rich people in Virginia? Besides the obvious: high paying jobs, affluent neighborhoods, crazy expensive Southern Colonial homes, Michelin rated restaurants, and more car services than Starbucks; the cities on our list had to cater to the ‘one percent’ on a different level. How does one get their hands on one of these shiny, Virginia pearls; where living your best life requires a boatload of money? Well, a couple of things have to fall into place for you. Well, you need to find a job that pays on average $90,000/year. Might we suggest a job in real estate in our number one richest city? The median home price in this city is over $700,000. You better have deep pockets if you want to live here, folks.

Wealthy people want to live in the best cities, so it’s not lost on us that there are multiple cities on our ten Best Cities to Live in Virginia for 2022 that are also on our richest list. So, pull up a chair, put on your spectacles, and read on to learn about the wealthiest places in Virginia.

Here are the 10 richest places in Virginia for 2022:

  1. Poquoson
  2. Vienna
  3. Herndon
  4. Purcellville
  5. Leesburg
  6. Manassas Park
  7. Falls Church
  8. Alexandria
  9. Warrenton
  10. Manassas

Did we mention that you either have to win the lottery or be a descendant of one of Virginia’s many notables like Warren Beatty to live in one of the wealthiest cities in the Old Dominion for 2022?

In all seriousness, we narrowed down the richest cities in Virginia by looking at several factors: poverty rate, median household income, unemployment rate. The cities also had to have a population of at least 5,000.

Without further adieu, what’s the one city in Virginia where the cobblestone streets are paved in gold? That would be Poquoson, the richest city in Virginia for 2022.

To see how your city compared, or what cities made the top 10, take look below. And if you don’t see your city there, head to the bottom.

Rich people not your cup of tea? Feel free to check out some more reading about Virginia:

The 10 Richest Cities In Virginia For 2022

1. Poquoson

Poquoson, VA

Overall SnackAbility

9
/10

Population: 12,121
Rank Last Year: 2 (Up 1)
Median Income: $100,696
Unemployment Rate: 1.7%
Poverty Rate: 5.0%
More on Poquoson: Real Estate | Photos

2. Vienna

Vienna, VA

Overall SnackAbility

10
/10

Population: 16,532
Rank Last Year: 1 (Down 1)
Median Income: $168,269
Unemployment Rate: 3.5%
Poverty Rate: 4.0%
More on Vienna: Real Estate | Photos

3. Herndon

Herndon, VA

Overall SnackAbility

8.5
/10

Population: 24,577
Rank Last Year: 6 (Up 3)
Median Income: $112,644
Unemployment Rate: 2.6%
Poverty Rate: 6.3%
More on Herndon: Real Estate | Photos

4. Purcellville

Purcellville, VA

Overall SnackAbility

9.5
/10

Population: 10,063
Rank Last Year: 5 (Up 1)
Median Income: $132,063
Unemployment Rate: 3.6%
Poverty Rate: 2.7%
More on Purcellville: Real Estate | Photos

5. Leesburg

Leesburg, VA

Overall SnackAbility

9
/10

Population: 53,731
Rank Last Year: 3 (Down 2)
Median Income: $113,933
Unemployment Rate: 3.6%
Poverty Rate: 4.0%
More on Leesburg: Real Estate | Photos

6. Manassas Park

Manassas Park, VA

Overall SnackAbility

8.5
/10

Population: 17,548
Rank Last Year: 11 (Up 5)
Median Income: $81,639
Unemployment Rate: 3.1%
Poverty Rate: 5.0%
More on Manassas Park: Real Estate | Photos

7. Falls Church

Falls Church, VA

Overall SnackAbility

10
/10

Population: 14,309
Rank Last Year: 4 (Down 3)
Median Income: $146,922
Unemployment Rate: 4.4%
Poverty Rate: 2.0%
More on Falls Church: Real Estate | Photos

8. Alexandria

Alexandria, VA

Overall SnackAbility

9
/10

Population: 158,309
Rank Last Year: 7 (Down 1)
Median Income: $102,227
Unemployment Rate: 3.3%
Poverty Rate: 9.4%
More on Alexandria: Real Estate | Photos

9. Warrenton

Warrenton, VA

Overall SnackAbility

8.5
/10

Population: 9,928
Rank Last Year: 8 (Down 1)
Median Income: $74,003
Unemployment Rate: 3.5%
Poverty Rate: 5.5%
More on Warrenton: Real Estate | Photos

10. Manassas

Manassas, VA

Overall SnackAbility

8
/10

Population: 41,038
Rank Last Year: 15 (Up 5)
Median Income: $86,227
Unemployment Rate: 4.4%
Poverty Rate: 7.0%
More on Manassas: Real Estate | Photos

Methodology: How We Determined The Richest Places In Virginia For 2022

Map Of The Richest Places To Live In Virginia
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 2016-2020 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, Poquoson, crowned the “Richest City In Virginia For 2022”. You can download the data here.

You can learn more about the top ten below or skip to the end to see the rankings for all 62 places.

Summary: The Wealthiest Places In Virginia For 2022

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:

Poorest: Richlands
2nd Poorest: Farmville
3rd Poorest: Marion

For more Virginia reading, check out:

Detailed List Of The Richest Cities In Virginia

Rank City RichScore Median Income
1 Poquoson 4.67 $100,696
2 Vienna 5.33 $168,269
3 Herndon 5.67 $112,644
4 Purcellville 6.67 $132,063
5 Leesburg 7.33 $113,933
6 Manassas Park 7.67 $81,639
7 Falls Church 8.67 $146,922
8 Alexandria 10.33 $102,227
9 Warrenton 11.67 $74,003
10 Manassas 13.0 $86,227
11 Christiansburg 13.0 $63,372
12 Fairfax 13.67 $109,708
13 Virginia Beach 15.33 $78,136
14 Chesapeake 18.33 $81,261
15 Strasburg 19.33 $49,970
16 Smithfield 20.33 $83,977
17 Salem 20.67 $63,411
18 Suffolk 22.33 $79,899
19 Culpeper 22.33 $73,100
20 Bridgewater 23.67 $62,585
21 Staunton 23.67 $52,292
22 Covington 25.0 $41,024
23 Colonial Heights 26.33 $60,522
24 Fredericksburg 26.67 $69,528
25 Ashland 26.67 $53,475
26 Woodstock 27.67 $64,188
27 Williamsburg 29.0 $59,288
28 Winchester 29.0 $61,102
29 Vinton 29.33 $52,048
30 Lexington 30.67 $50,714
31 Newport News 30.67 $54,511
32 Dumfries 31.0 $68,438
33 Buena Vista 31.0 $36,634
34 Charlottesville 31.33 $59,598
35 Hampton 32.67 $57,041
36 Waynesboro 33.0 $43,480
37 Portsmouth 35.33 $53,213
38 Wytheville 36.67 $39,971
39 Orange 37.67 $55,613
40 Abingdon 40.0 $46,653
41 Lynchburg 40.33 $49,201
42 Front Royal 40.33 $51,675
43 Richmond 40.67 $51,421
44 Harrisonburg 41.0 $49,117
45 Norfolk 41.67 $53,026
46 Martinsville 43.33 $36,166
47 Blacksburg 43.33 $41,711
48 Roanoke 44.67 $45,664
49 Franklin 45.67 $49,811
50 Pulaski 45.67 $50,417
51 South Boston 47.0 $40,087
52 Bristol 47.67 $39,679
53 Danville 51.0 $37,147
54 Petersburg 51.67 $43,029
55 Hopewell 52.0 $43,262
56 Galax 54.67 $35,184
57 Radford 55.0 $34,576
58 Emporia 55.33 $30,058
59 Big Stone Gap 55.33 $39,919
60 Marion 56.33 $29,562
61 Farmville 57.67 $33,133
62 Richlands 59.33 $28,970

How Is The Area In ?

Editor’s Note: Data has been updated for 2022. This is our ninth time ranking the richest cities in Virginia.

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.