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Virginia · Census place 27440

Farmville town, VA

Quick answer

Farmville town has 7,613 residents, ranking #160 of 688 places in Virginia. Median household income is $40,282, the median home is worth $223,700 and median gross rent runs $865 a month.

Population
7,613Farmville town residents
Median household income
$40,282Past 12 months, inflation adjusted
Median home value
$223,700Owner-occupied units
Median gross rent
$865Rent plus utilities, monthly
Median age
26.5 yrsAll residents
Homeownership rate
36%Owner-occupied households

What the numbers mean in Farmville town

Housing cost measured against local earnings.

A household earning the Farmville town median would spend about 25.8% 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 5.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 22.1% of residents and 36% 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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