The 10 Richest Cities In Virginia For 2021


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

Editor’s Note: Data has been updated for 2021. This is our seventh time ranking the richest cities in Virginia.

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 2021 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 2021:

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

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 2021?

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 Vienna, the richest city in Virginia for 2021.

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 2021

1. Vienna

Vienna, VA

Overall SnackAbility

10
/10

Population: 16,489
Rank Last Year: 1 (No Change)
Median Income: $161,196
Unemployment Rate: 2.4%
Poverty Rate: 2.8%
More on Vienna: Real Estate | Photos

2. Poquoson

Poquoson, VA

Overall SnackAbility

9
/10

Population: 12,090
Rank Last Year: 10 (Up 8)
Median Income: $97,118
Unemployment Rate: 2.0%
Poverty Rate: 5.6%
More on Poquoson: Real Estate | Photos

3. Leesburg

Leesburg, VA

Source: Public domain
Overall SnackAbility

9
/10

Population: 52,994
Rank Last Year: 2 (Down 1)
Median Income: $114,444
Unemployment Rate: 3.4%
Poverty Rate: 5.0%
More on Leesburg: Real Estate | Photos

4. Falls Church

Falls Church, VA

Overall SnackAbility

10
/10

Population: 14,128
Rank Last Year: 3 (Down 1)
Median Income: $127,610
Unemployment Rate: 3.9%
Poverty Rate: 3.2%
More on Falls Church: Real Estate | Photos

5. Purcellville

Purcellville, VA

Overall SnackAbility

10
/10

Population: 9,897
Rank Last Year: 4 (Down 1)
Median Income: $139,074
Unemployment Rate: 4.4%
Poverty Rate: 3.0%
More on Purcellville: Real Estate | Photos

6. Herndon

Herndon, VA

Overall SnackAbility

8.5
/10

Population: 24,532
Rank Last Year: 6 (No Change)
Median Income: $111,371
Unemployment Rate: 4.1%
Poverty Rate: 5.9%
More on Herndon: Real Estate | Photos

7. Alexandria

Alexandria, VA

Overall SnackAbility

9
/10

Population: 157,613
Rank Last Year: 7 (No Change)
Median Income: $100,939
Unemployment Rate: 3.0%
Poverty Rate: 10.3%
More on Alexandria: Real Estate | Photos

8. Warrenton

Warrenton, VA

Overall SnackAbility

8.5
/10

Population: 9,913
Rank Last Year: 9 (Up 1)
Median Income: $73,402
Unemployment Rate: 3.3%
Poverty Rate: 6.0%
More on Warrenton: Real Estate | Photos

9. Fairfax

Fairfax, VA

Overall SnackAbility

7
/10

Population: 23,531
Rank Last Year: 5 (Down 4)
Median Income: $116,979
Unemployment Rate: 4.1%
Poverty Rate: 9.3%
More on Fairfax: Real Estate | Photos

10. Bridgewater

Bridgewater, VA

Source: Public domain
Overall SnackAbility

7
/10

Population: 6,032
Rank Last Year: 8 (Down 2)
Median Income: $62,870
Unemployment Rate: 3.1%
Poverty Rate: 6.0%
More on Bridgewater: Real Estate | Photos

How We Determined The Richest Places In Virginia For 2021

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 2015-2019 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 61 places with more than 5,000 people in Virginia, we ranked each place from 1 to 61 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 City In Virginia For 2021". 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 61 places.

There You Have It - The Wealthiest Places In Virginia For 2021

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: Emporia
2nd Poorest: Richlands
3rd Poorest: Petersburg

For more Virginia reading, check out:

Detailed List Of The Richest Cities In Virginia

Rank City RichScore Median Income
1 Vienna 1.67 $161,196
2 Poquoson 4.67 $97,118
3 Leesburg 6.67 $114,444
4 Falls Church 6.67 $127,610
5 Purcellville 7.67 $139,074
6 Herndon 9.0 $111,371
7 Alexandria 9.33 $100,939
8 Warrenton 10.0 $73,402
9 Fairfax 11.33 $116,979
10 Bridgewater 11.33 $62,870
11 Manassas Park 13.0 $88,046
12 Christiansburg 15.0 $60,856
13 Virginia Beach 15.33 $76,610
14 Chesapeake 16.0 $78,640
15 Manassas 17.0 $81,493
16 Salem 18.33 $57,165
17 Winchester 20.0 $58,818
18 Staunton 20.33 $52,611
19 Ashland 20.67 $55,000
20 Culpeper 22.0 $68,208
21 Strasburg 22.67 $54,740
22 Fredericksburg 24.0 $65,641
23 Suffolk 24.33 $74,884
24 Covington 26.0 $40,655
25 Vinton 28.67 $49,618
26 Dumfries 29.0 $63,780
27 Charlottesville 29.67 $59,471
28 Hampton 30.0 $56,287
29 Newport News 32.33 $53,215
30 Williamsburg 32.33 $57,463
31 Waynesboro 33.33 $45,011
32 Smithfield 33.67 $67,607
33 Colonial Heights 34.33 $54,550
34 Lexington 35.67 $42,632
35 Abingdon 36.67 $45,848
36 Lynchburg 37.33 $46,409
37 Front Royal 37.33 $51,871
38 Buena Vista 38.33 $32,455
39 Wytheville 38.67 $47,820
40 Portsmouth 39.0 $52,175
41 Woodstock 39.0 $42,868
42 Norfolk 40.67 $51,590
43 Harrisonburg 41.67 $46,679
44 Roanoke 42.33 $44,230
45 Richmond 42.67 $47,250
46 South Boston 43.0 $42,311
47 Bristol 44.33 $37,500
48 Franklin 44.67 $40,417
49 Radford 45.33 $36,297
50 Blacksburg 45.67 $43,173
51 Big Stone Gap 45.67 $46,979
52 Martinsville 47.33 $34,371
53 Pulaski 47.67 $49,665
54 Hopewell 48.33 $39,030
55 Danville 50.67 $37,203
56 Galax 51.67 $33,575
57 Farmville 52.0 $35,995
58 Marion 53.0 $31,544
59 Petersburg 53.33 $38,679
60 Richlands 53.33 $30,600
61 Emporia 59.33 $27,063

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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.

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