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Fincastle, 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
858
Population
$72,609
Median Income
$257,500
Home Value
36.4
Median Age

Demographics

Fincastle has a population of 858 with a median age of 36.4. Here is the racial and ethnic breakdown of the population:

White
79.0%
Black
12.6%
Other
4.3%
Asian
2.6%
Hispanic
1.5%
Demographic Value
Total Population858
Median Age36.4
White79.0%
Black or African American12.6%
Asian2.6%
Hispanic or Latino1.5%
Other / Two or More Races4.3%
Fincastle, Virginia — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 79.0%Black: 12.6%Other: 4.3%Asian: 2.6%Other: 1.5%858PopulationWhiteWhite79.0%BlackBlack12.6%OtherOther4.3%AsianAsian2.6%OtherOther1.5%

Income & Economy

The median household income in Fincastle is $72,609, which is 9.9% below the national median of $80,610. The per capita income is $30,729. The poverty rate is 22.1%.

$72,609
Median Household Income
$30,729
Per Capita Income
22.1%
Poverty Rate

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Education

In Fincastle, 87.0% of residents age 25+ have a high school diploma or higher, and 32.4% hold a bachelor's degree or higher (15.5% with a graduate or professional degree).

HS Diploma+
87.0%
Bachelor's+
32.4%
Graduate+
15.5%
Education Level % of Adults (25+)
High School Diploma or Higher87.0%
Bachelor's Degree or Higher32.4%
Graduate or Professional Degree15.5%

Housing

The median home value in Fincastle is $257,500, below the national median of $303,400. The median monthly rent is $945. The homeownership rate is 65.0%.

$257,500
Median Home Value
$945/mo
Median Rent
65.0%
Homeownership Rate
Housing Metric Value
Median Home Value$257,500
Median Monthly Rent$945
Homeownership Rate65.0%
Vacancy Rate20.8%

Salaries in Virginia

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Other Cities in Virginia

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Frequently Asked Questions

What is the population of Fincastle, Virginia?
The population of Fincastle, Virginia is 858 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Fincastle, Virginia?
The median household income in Fincastle, Virginia is $72,609. This is 9.9% below the national median of $80,610.
What is the median home value in Fincastle, Virginia?
The median home value in Fincastle, Virginia is $257,500. The median monthly rent is $945.
What percentage of people in Fincastle have a college degree?
In Fincastle, Virginia, 32.4% of adults age 25 and older hold a bachelor's degree or higher, and 87.0% have a high school diploma or higher.
Is Fincastle, Virginia an affordable place to live?
The home price-to-income ratio in Fincastle, Virginia is 3.5x (median home value $257,500 vs. median income $72,609), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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