Bassett, VA Employment - Median Household Income, Unemployment Rate

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F

7%

Income/capita NAT. AVG.

36%

Household income NAT. AVG.

66%

Unemployment NAT. AVG.

Index	Bassett	Virginia	National
Income per capita	$27,733	$34,967	$29,829
Median household income	$35,493	$66,149	$55,322
Median income owner occupied	$37,039	$82,180	$70,586
Median income renter occupied	$11,211	$42,481	$35,192
Median earnings male	$31,778	$41,712	$36,919
Median earnings female	$18,333	$29,664	$26,250
Unemployment rate	7.7%	3.8%	4.7%
Poverty level	20.9%	11.4%	15.1%

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Key findings

The income per capita in Bassett is 7% lower than the national average
The median household income in Bassett is 36% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Bassett is 66% higher than the national average
The poverty level in Bassett is 38% higher than the national average

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am i middle class

$23,659 $35,493 $70,986

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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Bassett median earnings by income bracket

Bassett employment by industry

Labour Type	Male	Female
Construction industry	29.8%	29.8%
Manufacturing sector	15.9%	15.9%
Financial & insurance services	13.2%	13.2%
Wholesale & retail services	26.5%	26.5%
Public administration	0.0%	0.0%
Transportation, warehousing & utilities	0.0%	0.0%
Education, health & social services	4.6%	4.6%
Other	9.9%	9.9%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Chatmoss, VA	1,710	$69,856	26.3%
Patrick Springs, VA	1,898	$47,917	13.4%
Ferrum, VA	2,148	$45,408	17.9%
Fieldale, VA	1,095	$40,906	26.1%
Henry Fork, VA	1,147	$40,833	26.2%
Bassett, VA	900	$35,493	35.8%

Cities with similar population

City	Population	Household Income	National Avg.
Winslow, IN	900	$46,683	15.6%
Logan, KS	900	$51,500	6.9%
Chevy Chase Section Three, MD	900	$250,001	351.9%
Westbrook, MN	900	$33,603	39.3%
Rushville, NE	900	$38,438	30.5%
Bassett, VA	900	$35,493	35.8%

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