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Virginia · Census place 27824

Fincastle town, VA

Quick answer

Fincastle town has 636 residents, ranking #436 of 688 places in Virginia. Median household income is $63,750, the median home is worth $276,200 and median gross rent runs $873 a month.

Population
636Fincastle town residents
Median household income
$63,750Past 12 months, inflation adjusted
Median home value
$276,200Owner-occupied units
Median gross rent
$873Rent plus utilities, monthly
Median age
33.2 yrsAll residents
Homeownership rate
64.8%Owner-occupied households

What the numbers mean in Fincastle town

Housing cost measured against local earnings.

A household earning the Fincastle town median would spend about 16.4% 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 24.1% of residents and 64.8% 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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