1st Advantage MortgageGoochland County households have a median income of $118,931 and median rent of $1,614 a month (ACS 2020 to 2024). A loan makes sense only if its total cost beats your alternatives and the payment fits your budget. Check the lender's Virginia license first.
On this page
- A quick profile of Goochland County
- Jobs and commutes in Goochland County
- Household income in Goochland County
- Renting and owning in Goochland County
- Towns and communities in Goochland County
- Neighboring counties at a glance
- Goochland County residents: age, schooling, coverage
- Before borrowing in Goochland County
- Budget math at the Goochland County median
- Steps before you apply in Goochland County
- Virginia rules that apply in Goochland County
- Nearby and statewide guides
- Frequently asked questions
A quick profile of Goochland County
The latest five-year Census estimate puts Goochland County's population at 26,410; only 66 of Virginia's 133 county-level areas are larger. It covers 282 square miles of land, or about 94 people per square mile. For statistical purposes it belongs to the Richmond, VA metro area, as delineated by the Office of Management and Budget in July 2023. Of the 1 Census place inside Goochland County, Goochland leads by population with about 1,182.
Jobs and commutes in Goochland County
By the Census industry count, 20% of employed Goochland County residents work in education and health care and 16% in professional and administrative services. Compared with Virginia, the county leans toward finance, insurance and real estate (11% against 7%). The survey's unemployment rate for Goochland County averages 1.7% over 2020 to 2024 (state: 4.3%). About 76% drive to work alone and 23% have trips of 45 minutes or more.
| Industry (employed residents 16+) | Goochland County | Gap to Virginia |
|---|---|---|
| Education and health care | 20.5% | -1.8 pts |
| Professional and administrative services | 16.3% | -0.5 pts |
| Retail trade | 12.9% | +3.2 pts |
| Finance, insurance and real estate | 11.2% | +4.7 pts |
| Construction | 8.0% | +1.5 pts |
| Public administration | 6.1% | -2.8 pts |
Industry shapes paperwork. Salaried and public jobs are easy to verify, while hourly, tipped, commission or contract earners in Goochland County should have bank statements and tax returns ready.
Household income in Goochland County
The median household income in Goochland County is $118,931; statewide it is $93,170, so Goochland County runs 28% above Virginia as a whole. In the state ranking that is 12th of 133.
| Household income | Goochland County | vs Virginia |
|---|---|---|
| Under $35,000 | 8.8% | -9.1 pts |
| $35,000 to $99,999 | 32.7% | -2.6 pts |
| $100,000 to $199,999 | 33.1% | +3.9 pts |
| $200,000 or more | 25.5% | +7.8 pts |
About 9% of households earn under $35,000, while 59% clear $100,000. Census counts 5.1% of Goochland County residents in poverty, against 9.9% across Virginia. A household earning below the $118,931 median should test any payment carefully; one earning above it should still pick the shortest term it can manage.
Renting and owning in Goochland County
Renters in Goochland County pay a median of $1,614 a month, 2% above the Virginia figure of $1,579. Rent takes 30% or more of income for 34% of renter households here. The median owner-occupied home is valued at $500,600, about 4.2 times the median household income. The ownership rate is 85%. Half the housing stock was built before 2000.
| Measure | Goochland County | Virginia | Median U.S. county |
|---|---|---|---|
| Median gross rent | $1,614/mo | $1,579/mo | $877/mo |
| Median home value | $500,600 | $383,700 | $185,300 |
| Owners | 85% | 67% | 75% |
| Rent-burdened renters | 34% | 49% | 45% |
| Burdened owners | 22% | 25% | n/a |
In an owner-heavy county like Goochland County, many borrowers can also choose a home equity loan or line of credit. Those can price lower but put the house on the line, so compare the two in writing; our personal loan vs. HELOC guide walks through it.
Towns and communities in Goochland County
Just one Census place, Goochland, lies mainly within Goochland County; it holds about 1,182 people. None of the 1 has its own city guide, so this page covers all of them.
| Place in county | Status | Population (ACS) | Median HH income | Monthly rent | Distance from center |
|---|---|---|---|---|---|
| Goochland | CDP | 1,182 | n/a | n/a | 2 mi |
CDPs are unincorporated communities the Census Bureau defines for counting.
Neighboring counties at a glance
Powhatan County is closest, 12 miles from center to center; the sixth, Amelia County, is 27 miles off. Hanover County leads the group on income ($112,805), Cumberland County trails ($55,325), and Goochland County out-earns 6 of the six.
| County | Distance | Median income | Median rent | Owners |
|---|---|---|---|---|
| Goochland County | - | $118,931 | $1,614/mo | 85% |
| Powhatan County, VA | 12 mi | $110,537 | $1,168/mo | 93% |
| Louisa County, VA | 18 mi | $86,689 | $1,220/mo | 82% |
| Fluvanna County, VA | 21 mi | $96,768 | $1,204/mo | 89% |
| Cumberland County, VA | 23 mi | $55,325 | $877/mo | 76% |
| Hanover County, VA | 23 mi | $112,805 | $1,591/mo | 82% |
| Amelia County, VA | 27 mi | $76,717 | $1,164/mo | 82% |
Goochland County residents: age, schooling, coverage
College graduates make up 46% of the adult population. 2.6% of residents have no health coverage.
| Residents | Goochland County | Virginia | Middle U.S. county |
|---|---|---|---|
| Median age | 50.5 | 39.0 | 41.5 |
| Bachelor's or higher | 45.8% | 42.2% | 22.2% |
| No high school diploma | 4.6% | 8.4% | n/a |
| No health insurance | 2.6% | 6.9% | 7.8% |
| No vehicle | 2.4% | 6.1% | 5.4% |
| Work from home | 19.1% | 18.3% | 8.7% |
| Poverty rate | 5.1% | 9.9% | 13.2% |
| Unemployment (ACS) | 1.7% | 4.3% | 4.4% |
| Minutes to work | Goochland County workers |
|---|---|
| Under 15 min | 15.5% |
| 15 to 29 min | 33.0% |
| 30 to 44 min | 28.6% |
| 45 to 59 min | 16.2% |
| 60+ min | 6.6% |
Before borrowing in Goochland County
The county's numbers point to a few situations that come up often for Goochland County borrowers.
- Commuter costs. 23% drive 45 minutes or more. Compare shop financing with a loan, and keep a small repair fund.
- Benefit income. With half of residents older than 50, lenders often see pension and Social Security income, which counts like wages.
- Consolidation math. With 59% at six figures, card consolidation is common; it pays only if total cost falls (guide).
Budget math at the Goochland County median
Here is the Goochland County median household run through a simple DTI check. Your numbers will differ.
- Median income divided by twelve: $9,911 before taxes
- Housing at the median rent of $1,614 uses 16%
- 40% debt-to-income limit: $2,350 left for all other debt payments
Car, student loan and card payments come out of that room first. Try your own numbers in the calculator.
Steps before you apply in Goochland County
A short checklist for Goochland County borrowers:
- Get a written quote for whatever you are paying for in Goochland County.
- Shop at least three lenders, including one Goochland County-area credit union.
- Verify the Virginia license before giving out your Social Security number.
- Keep a small cushion so one surprise bill does not mean another loan.
Virginia rules that apply in Goochland County
No county office licenses personal lenders. For Goochland County, check the Virginia Bureau of Financial Institutions. Banks and credit unions have their own regulators, and the CFPB takes complaints about any lender. Statewide data and rules: Virginia guide.
Nearby and statewide guides
For statewide rules and data, see the Virginia guide.
Frequently asked questions
What is the median household income in Goochland County?
$118,931 a year in the 2020 to 2024 Census survey, versus $93,170 for Virginia. It ranks 12th of 133 in the state.
Is Goochland County expensive for renters?
Median rent is $1,614 against $1,579 statewide, and 34% of renter households are cost-burdened.
I own my home in Goochland County. Personal loan or HELOC?
A HELOC uses the house as collateral; a personal loan usually does not. With 85% of homes owner-occupied here, many readers can compare both in writing.
Does this page cover Goochland?
Yes, along with the other 0 Census places in Goochland County.
Will a Goochland County address affect my match?
Beyond confirming Virginia as your state, no. Your answers about amount, credit, income and payments are all that count.