Bassett, VA Employment - Median Household Income, Unemployment Rate

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F

7%

Income/capita NAT. AVG.

36%

Household income NAT. AVG.

65%

Unemployment NAT. AVG.

Index	Bassett	Virginia	National
Income per capita	$41,933	$52,412	$44,883
Median household income	$51,820	$97,559	$81,333
Median income owner occupied	$54,584	$122,661	$106,172
Median income renter occupied	$16,600	$62,827	$52,080
Median earnings male	$46,728	$61,054	$54,343
Median earnings female	$27,485	$44,172	$38,439
Unemployment rate	8.1%	4.0%	4.9%
Poverty level	20.9%	11.4%	15.1%

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Homes For Sale In Bassett, VA

115 Stonecrest Dr

Bassett, VA

93 Candyland Rd

Bassett, VA

303 Oak Ridge Dr

Bassett, VA

4240 Blackberry Rd

Bassett, VA

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 65% 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

$34,543 $51,820 $103,640

City

$65,032 $97,559 $195,118

State

$54,216 $81,333 $162,666

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	1,748	$102,544	26.1%
Patrick Springs, VA	1,973	$72,814	10.5%
Ferrum, VA	2,202	$68,983	15.2%
Henry Fork, VA	1,171	$61,939	23.8%
Collinsville, VA	7,198	$61,038	25.0%
Bassett, VA	923	$51,820	36.3%

Cities with similar population

City	Population	Household Income	National Avg.
Waverly Hall, GA	923	$57,135	29.8%
Buffalo, IN	923	$142,603	75.3%
Westbrook, MN	923	$50,570	37.8%
Hooper, NE	923	$92,985	14.3%
Dibble, OK	923	$99,808	22.7%
Bassett, VA	923	$51,820	36.3%

Source: The Bassett, VA employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.