Virginia · Census place 61896
Phenix town, VA
Quick answer
Phenix town has 395 residents, ranking #508 of 688 places in Virginia. Median household income is $50,000, the median home is worth $103,400 and median gross rent runs $758 a month.
- Population
- 395Phenix town residents
- Median household income
- $50,000Past 12 months, inflation adjusted
- Median home value
- $103,400Owner-occupied units
- Median gross rent
- $758Rent plus utilities, monthly
- Median age
- 51.3 yrsAll residents
- Homeownership rate
- 87.7%Owner-occupied households
What the numbers mean in Phenix town
Housing cost measured against local earnings.
A household earning the Phenix town median would spend about 18.2% 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 2.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 27.6% of residents and 87.7% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Virginia.
- Mappsville CDP 403
- Nickelsville town 397
- Low Moor CDP 396
- Keswick CDP 386
- New Church CDP 382
- Montvale CDP 379
- New River CDP 377
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