Virginia · Census place 87072
Wise town, VA
Quick answer
Wise town has 2,940 residents, ranking #245 of 688 places in Virginia. Median household income is $44,234, the median home is worth $118,100 and median gross rent runs $782 a month.
- Population
- 2,940Wise town residents
- Median household income
- $44,234Past 12 months, inflation adjusted
- Median home value
- $118,100Owner-occupied units
- Median gross rent
- $782Rent plus utilities, monthly
- Median age
- 33.1 yrsAll residents
- Homeownership rate
- 68%Owner-occupied households
What the numbers mean in Wise town
Housing cost measured against local earnings.
A household earning the Wise town median would spend about 21.2% 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 2.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 21.3% of residents and 68% 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.
- Timberville town 2,998
- Elkton town 2,973
- Merrimac CDP 2,955
- Grottoes town 2,926
- Hillsville town 2,869
- Pearisburg town 2,864
- Arcola CDP 2,858
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More Virginia coverage.