Last updated: 2024 BLS data · Page refreshed:
Chincoteague has a population of 3,296 with a median age of 57.4. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 3,296 |
| Median Age | 57.4 |
| White | 97.3% |
| Hispanic or Latino | 1.3% |
| Other / Two or More Races | 1.4% |
The median household income in Chincoteague is $62,917, which is 21.9% below the national median of $80,610. The per capita income is $41,918. The poverty rate is 10.2%.
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In Chincoteague, 94.5% of residents age 25+ have a high school diploma or higher, and 38.0% hold a bachelor's degree or higher (16.5% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 94.5% |
| Bachelor's Degree or Higher | 38.0% |
| Graduate or Professional Degree | 16.5% |
The median home value in Chincoteague is $349,500, above the national median of $303,400. The median monthly rent is $1,081. The homeownership rate is 78.4%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $349,500 |
| Median Monthly Rent | $1,081 |
| Homeownership Rate | 78.4% |
| Vacancy Rate | 62.3% |
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