The median household income in Bassett, VA in 2022 was $38,002, which was 126.0% less than the median annual income of $85,873 across the entire state of Virginia. Compared to the median income of $28,359 in 2000 this represents an increase of 25.4%. The per capita income in 2022 was $20,149, which means an increase of 12.4% compared to 2000 when it was $17,651.
Whole page based on the data from 2000 / 2022 when the population of Bassett, Virginia was 1,338 / 858
Income statistics for all residents
Median household income in Bassett, VA in 2022:
Bassett:
$38,002
State:
$85,873
Change in median household income between 2000 and 2022:
Bassett, Virginia:
+34.0%
State:
+84.0%
Number of households with income < $10k:
Bassett:
0.0% (0)
State:
4.9% (165,315)
Number of households with income $10k - 20k:
Bassett:
33.5% (110)
State:
5.9% (199,380)
Number of households with income $20k - 30k:
Bassett:
14.9% (49)
State:
6.0% (202,243)
Number of households with income $30k - 40k:
Bassett:
4.0% (13)
State:
6.1% (205,967)
Number of households with income $40k - 50k:
Bassett:
16.5% (54)
Virginia:
6.4% (215,648)
Number of households with income $50k - 60k:
Bassett:
15.9% (52)
Virginia:
6.2% (210,516)
Number of households with income $60k - 75k:
Bassett:
4.3% (14)
State:
8.6% (292,112)
Number of households with income $75k - 100k:
Bassett:
4.6% (15)
State:
12.2% (412,198)
Number of households with income $100k - 125k:
Bassett:
0.0% (0)
State:
10.3% (348,998)
Number of households with income $125k - 150k:
Bassett:
4.0% (13)
State:
7.7% (261,236)
Number of households with income $150k - 200k:
Bassett:
2.4% (8)
State:
10.3% (347,282)
Number of households with income > $200k:
Bassett:
0.0% (0)
Virginia:
15.4% (519,712)
Aggregate household income in Bassett in 2022: $13,942,932
Median family income in Bassett in 2022:
Bassett:
$48,360
State:
$107,101
Number of families with income $10k - 20k:
Bassett:
23.1% (40)
State:
3.3% (71,807)
Number of families with income $30k - 40k:
Bassett:
7.3% (13)
State:
4.7% (103,002)
Number of families with income $40k - 50k:
Bassett:
27.5% (47)
State:
5.4% (118,579)
Number of families with income $50k - 60k:
Bassett:
20.2% (35)
Virginia:
5.5% (120,924)
Number of families with income $60k - 75k:
Bassett:
8.4% (14)
Virginia:
8.2% (180,564)
Number of families with income $75k - 100k:
Bassett:
8.8% (15)
Virginia:
12.6% (277,221)
Number of families with income $150k - 200k:
Bassett:
4.7% (8)
Virginia:
12.7% (278,323)
Median non-family income in Bassett in 2022:
Bassett:
$20,414
State:
$51,436
Change in median non-family income between 2000 and 2022:
Bassett, Virginia:
+74.4%
State:
+73.5%
Median per capita income in Bassett in 2022:
Bassett:
$20,149
State:
$47,199
Change in median per capita income between 2000 and 2022:
Bassett, Virginia:
+14.2%
Virginia:
+96.9%
Income statistics for White residents
Number of households with income < $10k:
Bassett:
0.0% (0)
State:
4.1% (90,549)
Number of households with income $10k - 20k:
Bassett:
41.0% (93)
Virginia:
5.2% (114,324)
Number of households with income $20k - 30k:
Bassett:
13.2% (30)
Virginia:
5.7% (125,676)
Number of households with income $30k - 40k:
Bassett:
4.0% (9)
State:
5.5% (121,220)
Number of households with income $40k - 50k:
Bassett:
10.6% (24)
State:
6.0% (133,011)
Number of households with income $50k - 60k:
Bassett:
12.3% (28)
State:
6.2% (136,856)
Number of households with income $60k - 75k:
Bassett:
6.2% (14)
State:
8.4% (186,094)
Number of households with income $75k - 100k:
Bassett:
3.5% (8)
Virginia:
12.5% (277,077)
Number of households with income $100k - 125k:
Bassett:
0.0% (0)
State:
10.8% (237,562)
Number of households with income $125k - 150k:
Bassett:
5.7% (13)
Virginia:
8.0% (177,532)
Number of households with income $150k - 200k:
Bassett:
3.5% (8)
State:
11.0% (242,106)
Number of households with income > $200k:
Bassett:
0.0% (0)
Virginia:
16.6% (366,064)
Aggregate household income in Bassett in 2022: $9,584,703
Median family income in Bassett in 2022:
Bassett:
$47,052
Virginia:
$114,708
Number of families with income $10k - 20k:
Bassett:
35.7% (37)
State:
2.5% (35,529)
Number of families with income $30k - 40k:
Bassett:
7.9% (8)
Virginia:
3.8% (53,514)
Number of families with income $40k - 50k:
Bassett:
17.1% (18)
State:
4.7% (66,206)
Number of families with income $50k - 60k:
Bassett:
10.3% (11)
State:
5.2% (74,438)
Number of families with income $60k - 75k:
Bassett:
13.8% (14)
State:
8.2% (116,265)
Number of families with income $75k - 100k:
Bassett:
7.7% (8)
State:
12.9% (183,581)
Number of families with income $150k - 200k:
Bassett:
7.6% (8)
State:
13.8% (195,800)
Median non-family income in Bassett in 2022:
Bassett:
$19,840
State:
$53,785
Change in median non-family income between 2000 and 2022:
Bassett, Virginia:
+65.3%
Virginia:
+70.5%
Median per capita income in Bassett in 2022:
Bassett:
$21,069
Virginia:
$53,456
Change in median per capita income between 2000 and 2022:
Bassett, Virginia:
+7.8%
State:
+99.2%
Income statistics for Black or African American residents
Median household income in Bassett, VA in 2022:
Bassett:
$41,285
State:
$60,526
Change in median household income between 2000 and 2022:
Bassett, Virginia:
+116.6%
Virginia:
+87.6%
Number of households with income < $10k:
Bassett:
0.0% (0)
State:
8.3% (52,649)
Number of households with income $10k - 20k:
Bassett:
13.3% (11)
State:
9.6% (60,583)
Number of households with income $20k - 30k:
Bassett:
20.5% (17)
State:
8.1% (51,220)
Number of households with income $30k - 40k:
Bassett:
4.8% (4)
State:
8.6% (54,185)
Number of households with income $40k - 50k:
Bassett:
32.5% (27)
State:
8.1% (51,156)
Number of households with income $50k - 60k:
Bassett:
28.9% (24)
Virginia:
7.0% (44,637)
Number of households with income $60k - 75k:
Bassett:
0.0% (0)
Virginia:
9.8% (62,332)
Number of households with income $75k - 100k:
Bassett:
0.0% (0)
State:
11.4% (72,479)
Number of households with income $100k - 125k:
Bassett:
0.0% (0)
State:
8.5% (53,997)
Number of households with income $125k - 150k:
Bassett:
0.0% (0)
State:
6.3% (40,032)
Number of households with income $150k - 200k:
Bassett:
0.0% (0)
State:
6.9% (43,513)
Number of households with income > $200k:
Bassett:
0.0% (0)
State:
7.4% (46,851)
Aggregate household income in Bassett in 2022: $3,469,291
Median family income in Bassett in 2022:
Bassett:
$48,796
State:
$74,125
Number of families with income $30k - 40k:
Bassett:
7.1% (4)
Virginia:
7.9% (29,738)
Number of families with income $40k - 50k:
Bassett:
50.5% (28)
State:
7.9% (29,836)
Number of families with income $50k - 60k:
Bassett:
42.4% (24)
Virginia:
6.9% (26,158)
Median non-family income in Bassett in 2022:
Bassett:
$23,569
State:
$40,425
Change in median non-family income between 2000 and 2022:
Bassett, Virginia:
+97.0%
State:
+91.0%
Median per capita income in Bassett in 2022:
Bassett:
$23,261
Virginia:
$34,599
Change in median per capita income between 2000 and 2022:
Bassett, Virginia:
+47.9%
Virginia:
+119.8%
Income statistics for Hispanic or Latino residents
Number of households with income < $10k:
Bassett:
0.0% (0)
Virginia:
4.6% (11,664)
Number of households with income $10k - 20k:
Bassett:
0.0% (0)
State:
4.9% (12,443)
Number of households with income $20k - 30k:
Bassett:
0.0% (0)
Virginia:
5.9% (14,859)
Number of households with income $30k - 40k:
Bassett:
0.0% (0)
State:
6.8% (17,059)
Number of households with income $40k - 50k:
Bassett:
0.0% (0)
Virginia:
6.4% (16,261)
Number of households with income $50k - 60k:
Bassett:
0.0% (0)
State:
6.9% (17,468)
Number of households with income $60k - 75k:
Bassett:
46.2% (6)
Virginia:
9.6% (24,193)
Number of households with income $75k - 100k:
Bassett:
53.8% (7)
State:
13.2% (33,405)
Number of households with income $100k - 125k:
Bassett:
0.0% (0)
State:
10.5% (26,356)
Number of households with income $125k - 150k:
Bassett:
0.0% (0)
State:
8.1% (20,494)
Number of households with income $150k - 200k:
Bassett:
0.0% (0)
State:
9.5% (23,943)
Number of households with income > $200k:
Bassett:
0.0% (0)
State:
13.5% (33,987)
Aggregate household income in Bassett in 2022: $3,910,851
Median per capita income in Bassett in 2022:
Bassett:
$11,428
Virginia:
$32,277
Change in median per capita income between 2000 and 2022:
Bassett, Virginia:
+130.9%
Virginia:
+104.6%
Income statistics for other residents
Aggregate household income in Bassett in 2022: $3,395,649
Median per capita income in Bassett in 2022:
Bassett:
$17,770
State:
$29,023
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