1st Advantage MortgageThe median Charlotte County household earns $58,000, and 19% of residents live below the poverty line. Whatever your own numbers, compare written offers on APR, fees and total cost, and verify the lender is licensed in Virginia before sharing details.
On this page
- First look: Charlotte County, VA
- Where Charlotte County households live
- Charlotte County at the extremes
- Labor force snapshot: Charlotte County
- Charlotte County income bands
- Charlotte County, Prince Edward County and other neighbors
- Cities, towns and CDPs in Charlotte County
- Local borrowing considerations for Charlotte County
- Charlotte County demographics against Virginia
- Debt-to-income at Charlotte County's medians
- Virginia rules that apply in Charlotte County
- Checklist for Charlotte County applicants
- Beyond Charlotte County
- Frequently asked questions
First look: Charlotte County, VA
With an estimated 11,422 residents (ACS 2020 to 2024), Charlotte County ranks 110th of 133 in Virginia for population. Land area is 475 square miles (2024 Gazetteer), so density runs near 24 per square mile. It sits outside every metropolitan statistical area in the July 2023 OMB delineation. Largest place: Keysville, about 988 residents (9% of Charlotte County); 4 Census places in all.
Where Charlotte County households live
Charlotte County rent at the median: $732 a month, utilities in ($1,579 in Virginia). Cost-burdened renters, paying 30%-plus of income: 51% in Charlotte County, 49% statewide. The median owner-occupied home is valued at $144,100, about 2.5 times the median household income. Owners occupy 75% of homes. Half the housing stock was built before 1981.
| Cost | Charlotte County | Virginia figure | Higher or lower |
|---|---|---|---|
| Mobile homes | 24.0% | 4.3% | +19.7 pts |
| Vacant units | 21% | 9% | +12.6 pts |
| Owners | 75% | 67% | +7.4 pts |
| Median home value | $144,100 | $383,700 | 62% lower |
| Median gross rent | $732/mo | $1,579/mo | 54% lower |
| Rent-burdened renters | 51% | 49% | +2.8 pts |
| Burdened owners | 24% | 25% | -1.3 pts |
At a $144,100 median value, many Charlotte County owners hold equity. Using it lowers cost only if you can carry the risk (equity vs. unsecured). With rent burdens at 51%, keep any Charlotte County loan to the smallest amount that solves the problem.
Charlotte County at the extremes
Ranked against the other 132 county-level areas in Virginia, these are the Charlotte County figures furthest from the middle.
- Median gross rent: $732/mo in Charlotte County. Only 8 of 133 Virginia counties are lower. Cheaper housing gives many renters more slack in a budget.
- On the share of mobile homes, Charlotte County sits near the top of Virginia at 24.0%, 8th highest of 133. Repairs on manufactured homes are a common loan purpose; get written quotes.
- On the ACS unemployment rate, Charlotte County sits near the bottom of Virginia at 2.4%, 15th lowest of 133. Low unemployment does not lower your rate; your credit does.
- Few Virginia counties match Charlotte County on median home value: $144,100 here, $383,700 for the state, ranking 17th lowest of 133. With modest home values, equity borrowing is rarely large.
Labor force snapshot: Charlotte County
By the Census industry count, 26% of employed Charlotte County residents work in education and health care and 13% in retail trade. Relative to Virginia (1%), agriculture, forestry and mining is 5 points bigger in Charlotte County (5%). Unemployment in Charlotte County, ACS five-year: 2.4%; Virginia: 4.3%. 25% of commuters travel 45 minutes or more each way, and 6% work from home.
| Industry (employed residents 16+) | Charlotte County | Gap to Virginia |
|---|---|---|
| Education and health care | 25.7% | +3.4 pts |
| Retail trade | 12.9% | +3.1 pts |
| Manufacturing | 11.1% | +4.1 pts |
| Transportation, warehousing and utilities | 9.0% | +4.2 pts |
| Professional and administrative services | 8.4% | -8.4 pts |
| Public administration | 8.2% | -0.7 pts |
Self-employed in Charlotte County? Two years of tax returns usually stand in for pay stubs.
Charlotte County income bands
Half of Charlotte County households take in less than $58,000 a year and half take in more, 38% below the Virginia median of $93,170.
| Households earning | Charlotte County | +/- vs Virginia |
|---|---|---|
| Under $35,000 | 33.4% | +15.5 pts |
| $35,000 to $99,999 | 39.6% | +4.3 pts |
| $100,000 to $199,999 | 23.2% | -6.0 pts |
| $200,000 or more | 3.8% | -13.9 pts |
About 33% of households earn under $35,000, while 27% clear $100,000. Charlotte County counts about 2,163 residents below the poverty line, 18.9% of the population. Charlotte County scores 0.476 on the Gini index, where higher means more unequal incomes. None of these numbers decides a Charlotte County application. Lenders weigh your own documented income against your own debts.
Charlotte County, Prince Edward County and other neighbors
Distances run center to center, from Prince Edward County at 19 miles out to Campbell County at 28. Richest neighbor: Campbell County, $66,165. Poorest: Halifax County, $52,013. Charlotte County: $58,000.
| Neighbor | Distance | Income | Rent | Own |
|---|---|---|---|---|
| Charlotte County | - | $58,000 | $732/mo | 75% |
| Prince Edward County, VA | 19 mi | $56,315 | $931/mo | 58% |
| Halifax County, VA | 23 mi | $52,013 | $790/mo | 75% |
| Lunenburg County, VA | 23 mi | $54,842 | $742/mo | 71% |
| Appomattox County, VA | 26 mi | $62,853 | $855/mo | 76% |
| Mecklenburg County, VA | 27 mi | $57,045 | $823/mo | 68% |
| Campbell County, VA | 28 mi | $66,165 | $891/mo | 75% |
Cities, towns and CDPs in Charlotte County
Here are the 4 most populous of the county's 4 Census places, with income and rent from the same 2020 to 2024 survey. About 22% of Charlotte County residents live in one of the 4. Keysville and every other Charlotte County community use this county guide.
| Community | Type | Residents | Household income (median) | Rent (median) | Distance |
|---|---|---|---|---|---|
| Keysville | town | 988 | $31,442 | $696 | 10 mi |
| Charlotte Court House | town | 673 | $85,893 | $858 | 3 mi |
| Drakes Branch | town | 435 | $25,938 | $569 | 3 mi |
| Phenix | town | 418 | $73,125 | $758 | 7 mi |
Local borrowing considerations for Charlotte County
Based on the Charlotte County data above, these borrowing questions are most likely to matter locally.
- 25% long commutes. A Charlotte County repair bill is often urgent; compare the shop's financing with a loan in writing.
- Manufactured homes. 24% of Charlotte County housing units are mobile homes, and their repairs are often paid with unsecured loans. Get the quote in writing.
- Assistance before credit. With a 19% poverty rate, check no-cost options before any Charlotte County loan.
- Rent squeeze. 51% of renters spend 30%+ of income on rent; borrow only if the loan cuts what you pay overall.
Charlotte County demographics against Virginia
Degree holders: 20% of adults over 25. About 6% go without health insurance.
| People and households | Charlotte County | Compared with Virginia | Compared with median county |
|---|---|---|---|
| Median age | 44.5 | +5.5 yrs | +3.0 yrs |
| Bachelor's or higher | 20.0% | -22.1 pts | -2.1 pts |
| No high school diploma | 16.7% | +8.3 pts | n/a |
| No health insurance | 6.4% | -0.5 pts | -1.4 pts |
| No vehicle | 6.5% | +0.4 pts | +1.0 pts |
| Work from home | 6.4% | -11.9 pts | -2.3 pts |
| Poverty rate | 18.9% | +9.0 pts | +5.8 pts |
| Unemployment (ACS) | 2.4% | -1.9 pts | -2.0 pts |
| Commute length | Charlotte County |
|---|---|
| Under 15 min | 22.4% |
| 15 to 29 min | 28.1% |
| 30 to 44 min | 24.1% |
| 45 to 59 min | 10.6% |
| 60+ min | 14.7% |
Debt-to-income at Charlotte County's medians
DTI math using Charlotte County medians ($58,000 income, $732 rent):
- $4,833 a month: gross income for a household at the Charlotte County median
- Rent at the median, $732, takes 15% of that
- With a 36% ceiling, about $1,008 remains for car, card, student and any new loan payments
A household below the $58,000 median has less room than this, often none.
Virginia rules that apply in Charlotte County
Charlotte County borrowers fall under statewide rules, enforced by the Virginia Bureau of Financial Institutions. Nationally, Charlotte County residents can file with the CFPB.
Checklist for Charlotte County applicants
Quick steps for Charlotte County:
- Price the Charlotte County expense first and borrow that amount, no more.
- Prequalify with soft pulls where offered, then compare in writing.
- A Virginia license check takes minutes; do it first.
- Confirm the first due date before setting up autopay.
Beyond Charlotte County
No city in Charlotte County has its own guide yet; the state page is next up.
Frequently asked questions
How much do households in Charlotte County earn?
The median is $58,000; 27% earn $100,000 or more and 33% under $35,000. A lender uses your own documented income, not this figure.
Can a Charlotte County renter afford a loan payment?
At the $732 median rent and $4,833 median monthly income, rent alone uses 15%; add other debts before a new payment.
What are the biggest places in Charlotte County?
By population: Keysville, Charlotte Court House, Drakes Branch, Phenix. The county has 4 Census places in all.
Is the fit check different in Charlotte County?
No. It is identical everywhere, and it never looks at your neighborhood.
Who regulates personal lenders for Charlotte County residents?
The Virginia Bureau of Financial Institutions licenses consumer lenders in Virginia; the CFPB takes complaints about any lender, and the FTC wants to hear about fee-first offers.