What is the median household income in North Shore, VA?
The median household income in North Shore, VA is $109,951 (±$13,905) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,133 a month would take about $45,300 a year at the common guideline of spending no more than 30% of income on rent.
In North Shore, the median household income went from $86,771 in 2015–2019 to $109,951 in 2020–2024 (+26.7%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $109,951 (±$13,905)
- Median renter income
- $51,714 (±$37,836)
- Income to afford median rent
- about $45,300
Income in North Shore against Franklin County, its state and the nation
| North Shore | Franklin County | Virginia | United States | |
|---|---|---|---|---|
| Median household income | $109,951 (±$13,905) | $68,849 (±$3,573) | $93,170 (±$458) | $80,734 |
| Median renter household income | $51,714 (±$37,836) | $51,692 (±$6,494) | $60,343 (±$529) | $52,966 |
| Median owner household income | $115,275 (±$17,081) | $75,578 (±$4,267) | $114,147 (±$479) | $100,009 |
| Median gross rent | $1,133 (±$188) | $829 (±$43) | $1,579 (±$8) | $1,413 |
In North Shore, median household income is higher than in Franklin County ($68,849).
It is also higher than in Virginia ($93,170).
It is higher than the national figure ($80,734).
In Franklin County, North Shore ranks 1 of 7 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 137 of 456.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in North Shore
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,133 a month ($13,596 a year) needs an income of about $45,300 a year.
The median renting household in North Shore earns $51,714 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $86,771 (±$22,173) | $109,951 (±$13,905) | +26.7% | No measurable change after inflation |
| Median gross rent | $1,000 (±$614) | $1,133 (±$188) | +13.3% | No measurable change after inflation |
| Median home value | $427,400 (±$64,007) | $504,400 (±$116,951) | +18.0% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near North Shore
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| North Shore | — | $109,951 (±$13,905) | — |
| Westlake Corner | 3.7 mi | $95,000 (±$24,351) | Not measurably different |
| Union Hall | 4.6 mi | $103,125 (±$25,640) | Not measurably different |
| Penhook | 6.3 mi | $108,750 (±$46,673) | Not measurably different |
| Rocky Mount | 14 mi | $63,280 (±$6,006) | Lower |
| Boones Mill | 17 mi | $75,972 (±$25,823) | Lower |
| Gretna | 18 mi | $33,698 (±$6,942) | Lower |
| Vinton | 19 mi | $65,445 (±$11,247) | Lower |
| Hurt | 19 mi | $59,000 (±$18,091) | Lower |
Nearby places with a measurably lower figure: Rocky Mount, VA ($63,280), Boones Mill, VA ($75,972), Gretna, VA ($33,698).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Franklin County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | North Shore | $109,951 (±$13,905) |
| 2 | Penhook | $108,750 (±$46,673) |
| 3 | Union Hall | $103,125 (±$25,640) |
| 4 | Westlake Corner | $95,000 (±$24,351) |
| 5 | Boones Mill | $75,972 (±$25,823) |
| 6 | Rocky Mount | $63,280 (±$6,006) |
| 7 | Ferrum | $40,435 (±$19,996) |
North Shore is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about North Shore
What is the median household income in North Shore?
The median household income in North Shore is $109,951 (±$13,905) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in North Shore?
About $45,300 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,133 a month.
Have incomes in North Shore kept up with inflation?
In North Shore, the median household income went from $86,771 in 2015–2019 to $109,951 in 2020–2024 (+26.7%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in North Shore?
The median renting household in North Shore, VA earns $51,714 (±$37,836) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — North Shore CDP, Virginia
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — North Shore CDP, Virginia
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — North Shore CDP, Virginia
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — North Shore CDP, Virginia
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — North Shore CDP, Virginia
- Median Value (B25077), 2015–2019 ACS 5-year estimates — North Shore CDP, Virginia
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for North Shore CDP, Virginia (place:57531, in state:51).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in North Shore at a glance
- Home values in North Shore
- Homeowner costs in North Shore
- Property taxes in North Shore
- Types of homes in North Shore
- Bedrooms in North Shore
- Age of homes in North Shore
- Heating fuel in North Shore
- Commute and cars in North Shore
- Population growth in North Shore
- How long people stay in North Shore
- Virginia landlord and tenant rules
- Housing across Franklin County
- Virginia places ranked by median household income
- Housing data for every place in Virginia