1st Advantage MortgageThe median King William County household earns $86,056, and 6% of residents live below the poverty line. 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
- Who lives in King William County
- How King William County residents earn a living
- Income in King William County compared with Virginia
- Renting and owning in King William County
- Regional comparison for King William County
- Places inside King William County
- King William County residents: age, schooling, coverage
- Before borrowing in King William County
- What a median King William County budget can carry
- Checklist for King William County applicants
- Licensing and complaints for King William County
- Related local guides
- Frequently asked questions
Who lives in King William County
Roughly 18,593 residents live in King William County, Virginia, 83rd by population among the state's 133 counties and county equivalents. It covers 274 square miles of land, or about 68 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. The Census Bureau counts 3 places in the county (1 incorporated, 2 census-designated); the largest is West Point, with about 3,480 residents, or 19% of the county.
How King William County residents earn a living
By the Census industry count, 21% of employed King William County residents work in education and health care and 13% in construction. Compared with Virginia, the county leans toward construction (13% against 7%). The survey's unemployment rate for King William County averages 2.3% over 2020 to 2024 (state: 4.3%). 37% of commuters travel 45 minutes or more each way, and 11% work from home. Households without a car make up 4.3% of the total (6.1% statewide).
| Sector | King William County | Compared with Virginia |
|---|---|---|
| Education and health care | 20.9% | -1.4 pts |
| Construction | 12.6% | +6.1 pts |
| Manufacturing | 10.0% | +2.9 pts |
| Retail trade | 9.4% | -0.4 pts |
| Public administration | 8.8% | 0.0 pts |
| Professional and administrative services | 8.8% | -8.0 pts |
Industry shapes paperwork. Salaried and public jobs are easy to verify, while hourly, tipped, commission or contract earners in King William County should have bank statements and tax returns ready.
Income in King William County compared with Virginia
Half of King William County households take in less than $86,056 a year and half take in more, 8% below the Virginia median of $93,170. In the state ranking that is 37th of 133.
| Band | King William County | Compared with Virginia |
|---|---|---|
| Under $35,000 | 16.8% | -1.1 pts |
| $35,000 to $99,999 | 40.8% | +5.5 pts |
| $100,000 to $199,999 | 32.9% | +3.7 pts |
| $200,000 or more | 9.6% | -8.1 pts |
About 17% of households earn under $35,000, while 42% clear $100,000. Census counts 5.9% of King William County residents in poverty, against 9.9% across Virginia. Income inequality, measured by the Gini index, comes to 0.382 here. Income from any regular source can count, including Social Security, pensions and disability benefits, as long as you can document it.
Renting and owning in King William County
Renters in King William County pay a median of $1,166 a month, 26% below the Virginia figure of $1,579. Rent takes 30% or more of income for 72% of renter households here. The median owner-occupied home is valued at $315,700, about 3.7 times the median household income. The ownership rate is 89%. Median construction year: 1996.
| Measure | King William County | Virginia | Median U.S. county |
|---|---|---|---|
| Median gross rent | $1,166/mo | $1,579/mo | $877/mo |
| Median home value | $315,700 | $383,700 | $185,300 |
| Owners | 89% | 67% | 75% |
| Rent-burdened renters | 72% | 49% | 45% |
| Burdened owners | 20% | 25% | n/a |
| Mobile homes | 3.0% | 4.3% | n/a |
In an owner-heavy county like King William 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. Rent pressure is real here, so run any payment through the debt-to-income calculator before you apply.
Regional comparison for King William County
Distances run center to center, from King and Queen County at 10 miles out to Charles City County at 24. 3 of the six report a higher median household income than King William County; New Kent County is highest at $123,314 and Essex County lowest at $56,520.
| Neighbor | Distance | Income | Rent | Own |
|---|---|---|---|---|
| King William County | - | $86,056 | $1,166/mo | 89% |
| King and Queen County, VA | 10 mi | $70,469 | $1,004/mo | 76% |
| New Kent County, VA | 15 mi | $123,314 | $1,721/mo | 93% |
| Essex County, VA | 18 mi | $56,520 | $972/mo | 72% |
| Henrico County, VA | 22 mi | $88,783 | $1,541/mo | 64% |
| Hanover County, VA | 22 mi | $112,805 | $1,591/mo | 82% |
| Charles City County, VA | 24 mi | $75,417 | $1,099/mo | 86% |
Places inside King William County
The table lists the 3 largest of 3 Census places in King William County, by population. Together all 3 hold about 5,429 people, so roughly 71% of residents live outside any named place. This guide covers each of the 3 places and the rural areas around them.
| Name | Kind | Pop. | Income | Rent | Miles |
|---|---|---|---|---|---|
| West Point | town | 3,480 | $78,785 | $1,225 | 19 mi |
| Central Garage | CDP | 1,864 | $87,750 | $1,043 | 3 mi |
| King William | CDP | 85 | n/a | n/a | 4 mi |
A CDP is a named community without its own municipal government.
King William County residents: age, schooling, coverage
College graduates make up 23% of the adult population. 5.3% of residents have no health coverage.
| Residents | King William County | Virginia | Middle U.S. county |
|---|---|---|---|
| Median age | 40.9 | 39.0 | 41.5 |
| Bachelor's or higher | 23.0% | 42.2% | 22.2% |
| No high school diploma | 6.8% | 8.4% | n/a |
| No health insurance | 5.3% | 6.9% | 7.8% |
| No vehicle | 4.3% | 6.1% | 5.4% |
| Work from home | 10.9% | 18.3% | 8.7% |
| Poverty rate | 5.9% | 9.9% | 13.2% |
| Unemployment (ACS) | 2.3% | 4.3% | 4.4% |
| One-way commute | Share of King William County workers |
|---|---|
| Under 15 min | 17.6% |
| 15 to 29 min | 20.0% |
| 30 to 44 min | 25.5% |
| 45 to 59 min | 19.4% |
| 60+ min | 17.5% |
Before borrowing in King William County
What the King William County figures suggest, and what to check first:
- Commuter costs. 37% drive 45 minutes or more. Compare shop financing with a loan, and keep a small repair fund.
- Six-figure budgets. For the 42% earning $100,000 or more, lifestyle creep, not approval, is the usual problem.
- Tight rental budgets. With 72% of King William County renters cost-burdened, test a new payment against a lean month.
What a median King William County budget can carry
King William County at the medians, through a lender's eyes (what DTI means):
- $86,056 a year is $7,171 of gross monthly income
- Less median rent of $1,166, which is 16% of it
- Under a 36% cap, $2,582 total minus rent leaves $1,416
Two-income households and single earners in King William County land in very different places on this math, so run it for your own budget.
Checklist for King William County applicants
Before you apply, wherever you live in King William County:
- Get a written quote for whatever you are paying for in King William County.
- Ask each lender for the APR and all fees in writing.
- Only work with lenders licensed for Virginia borrowers.
- Ask a King William County credit union about member loans.
Licensing and complaints for King William County
Before sharing details with a lender, a King William County resident can confirm its license with the Virginia Bureau of Financial Institutions. Federal complaints: consumerfinance.gov. See the Virginia state guide for the statewide picture.
Related local guides
The Virginia guide covers the whole state.
Frequently asked questions
How much do households in King William County earn?
The median is $86,056; 42% earn $100,000 or more and 17% under $35,000. A lender uses your own documented income, not this figure.
What do renters pay in King William County?
$1,166 a month at the median, about 16% of median household income.
Should King William County homeowners use home equity instead?
Maybe, but weigh the risk: 89% of King William County homes are owner-occupied, and a home-equity loan or line is secured by the house while a personal loan usually is not.
Does this page cover West Point?
Yes, along with the other 2 Census places in King William County, such as Central Garage, King William.
Does living in King William County change what I qualify for?
Not in our fit check, which uses only the amount, credit range, income and payments you enter, the same for a King William County resident as anyone. Lenders decide under fair-lending law.