Virginia · Census place 04872
Bassett CDP, VA
Quick answer
Bassett CDP has 1,020 residents, ranking #385 of 688 places in Virginia. Median household income is $41,992, the median home is worth $186,100 and median gross rent runs $656 a month.
- Population
- 1,020Bassett CDP residents
- Median household income
- $41,992Past 12 months, inflation adjusted
- Median home value
- $186,100Owner-occupied units
- Median gross rent
- $656Rent plus utilities, monthly
- Median age
- 36.8 yrsAll residents
- Homeownership rate
- 73.4%Owner-occupied households
What the numbers mean in Bassett CDP
Housing cost measured against local earnings.
A household earning the Bassett CDP median would spend about 18.7% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7.3% of residents and 73.4% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Virginia.
- Belmont Estates CDP 1,037
- Riner CDP 1,037
- Atkins CDP 1,026
- Passapatanzy CDP 1,015
- Adwolf CDP 1,001
- Blairs CDP 1,001
- Accomac town 999
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