Groveton is a city in Virginia state in USA with a population of 14664 residents.. The poverty rate of Groveton is 8.6%, which is 39% lower than national average. The typical household in Groveton earns $94110 a year, compared to the national median of $67,500. Nearly 18.6% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Groveton, only 88% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Groveton remained 4.7%, which is 0% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Groveton, only 49% of adults have a bachelor's degree and 25% have some college but no degree.

Cost of living in Groveton is 138, which is 38% higher than national average. Median home value in Groveton is $443400 , which is 93% higher than national average. While median income in Groveton remained $94110, which is 39% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.