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Virginia · Census place 10040

Broadway town, VA

Quick answer

Broadway town has 4,221 residents, ranking #217 of 688 places in Virginia. Median household income is $61,685, the median home is worth $264,900 and median gross rent runs $1,018 a month.

Population
4,221Broadway town residents
Median household income
$61,685Past 12 months, inflation adjusted
Median home value
$264,900Owner-occupied units
Median gross rent
$1,018Rent plus utilities, monthly
Median age
39 yrsAll residents
Homeownership rate
61.5%Owner-occupied households

What the numbers mean in Broadway town

Housing cost measured against local earnings.

A household earning the Broadway town median would spend about 19.8% 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 4.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 12% of residents and 61.5% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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