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Virginia · Census place 56304

Nickelsville town, VA

Quick answer

Nickelsville town has 397 residents, ranking #506 of 688 places in Virginia. Median household income is $37,857, the median home is worth $187,500 and median gross rent runs $733 a month.

Population
397Nickelsville town residents
Median household income
$37,857Past 12 months, inflation adjusted
Median home value
$187,500Owner-occupied units
Median gross rent
$733Rent plus utilities, monthly
Median age
49.9 yrsAll residents
Homeownership rate
64.7%Owner-occupied households

What the numbers mean in Nickelsville town

Housing cost measured against local earnings.

A household earning the Nickelsville town median would spend about 23.2% 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 5.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 17.9% of residents and 64.7% 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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