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Amherst, Virginia

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
1,865
Population
$70,841
Median Income
$220,700
Home Value
50.3
Median Age

Demographics

Amherst has a population of 1,865 with a median age of 50.3. Here is the racial and ethnic breakdown of the population:

White
82.1%
Black
13.8%
Other
3.0%
Hispanic
1.1%
Demographic Value
Total Population1,865
Median Age50.3
White82.1%
Black or African American13.8%
Hispanic or Latino1.1%
Other / Two or More Races3.0%
Amherst, Virginia — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 82.1%Black: 13.8%Other: 3.0%Other: 1.1%1,865PopulationWhiteWhite82.1%BlackBlack13.8%OtherOther3.0%OtherOther1.1%

Income & Economy

The median household income in Amherst is $70,841, which is 12.1% below the national median of $80,610. The per capita income is $39,407. The poverty rate is 9.1%.

$70,841
Median Household Income
$39,407
Per Capita Income
9.1%
Poverty Rate

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Education

In Amherst, 92.2% of residents age 25+ have a high school diploma or higher, and 25.7% hold a bachelor's degree or higher (9.3% with a graduate or professional degree).

HS Diploma+
92.2%
Bachelor's+
25.7%
Graduate+
9.3%
Education Level % of Adults (25+)
High School Diploma or Higher92.2%
Bachelor's Degree or Higher25.7%
Graduate or Professional Degree9.3%

Housing

The median home value in Amherst is $220,700, below the national median of $303,400. The median monthly rent is $718. The homeownership rate is 70.4%.

$220,700
Median Home Value
$718/mo
Median Rent
70.4%
Homeownership Rate
Housing Metric Value
Median Home Value$220,700
Median Monthly Rent$718
Homeownership Rate70.4%
Vacancy Rate8.8%

Salaries in Virginia

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Frequently Asked Questions

What is the population of Amherst, Virginia?
The population of Amherst, Virginia is 1,865 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Amherst, Virginia?
The median household income in Amherst, Virginia is $70,841. This is 12.1% below the national median of $80,610.
What is the median home value in Amherst, Virginia?
The median home value in Amherst, Virginia is $220,700. The median monthly rent is $718.
What percentage of people in Amherst have a college degree?
In Amherst, Virginia, 25.7% of adults age 25 and older hold a bachelor's degree or higher, and 92.2% have a high school diploma or higher.
Is Amherst, Virginia an affordable place to live?
The home price-to-income ratio in Amherst, Virginia is 3.1x (median home value $220,700 vs. median income $70,841), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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