Iron Gate, VA Employment - Median Household Income, Unemployment Rate

F

27%

Income/capita NAT. AVG.

25%

Household income NAT. AVG.

137%

Unemployment NAT. AVG.

Index	Iron Gate	Virginia	National
Income per capita	$21,765	$34,967	$29,829
Median household income	$41,250	$66,149	$55,322
Median income owner occupied	$50,139	$82,180	$70,586
Median income renter occupied	$18,333	$42,481	$35,192
Median earnings male	$41,827	$41,712	$36,919
Median earnings female	$0	$29,664	$26,250
Unemployment rate	11.0%	3.8%	4.7%
Poverty level	12.9%	11.4%	15.1%

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Key findings

The income per capita in Iron Gate is 27% lower than the national average
The median household income in Iron Gate is 25% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Iron Gate is 137% higher than the national average
The poverty level in Iron Gate is 15% lower than the national average

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am i middle class

$27,497 $41,250 $82,500

City

$44,094 $66,149 $132,298

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Iron Gate median earnings by income bracket

Iron Gate employment by industry

Labour Type	Male	Female
Construction industry	9.5%	9.5%
Manufacturing sector	22.6%	22.6%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	13.1%	13.1%
Public administration	0.0%	0.0%
Transportation, warehousing & utilities	28.6%	28.6%
Education, health & social services	0.0%	0.0%
Other	26.2%	26.2%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Selma, VA	495	$50,179	9.3%
Covington, VA	5,653	$41,024	25.8%
Clifton Forge, VA	3,534	$33,598	39.3%
Low Moor, VA	333	$26,131	52.8%
Hot Springs, VA	586	$0	100.0%
Iron Gate, VA	396	$41,250	25.4%

Cities with similar population

City	Population	Household Income	National Avg.
South Van Horn, AK	396	$56,288	1.7%
Highland Lake, AL	396	$52,000	6.0%
Blevins, AR	396	$50,227	9.2%
Wausau, FL	396	$36,250	34.5%
Lorimor, IA	396	$35,750	35.4%
Iron Gate, VA	396	$41,250	25.4%

Source: The Iron Gate, VA employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).