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Honaker, 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
1,188
Population
$44,183
Median Income
$91,600
Home Value
41.5
Median Age

Demographics

Honaker has a population of 1,188 with a median age of 41.5. Here is the racial and ethnic breakdown of the population:

White
93.1%
Other
3.7%
Hispanic
2.9%
Demographic Value
Total Population1,188
Median Age41.5
White93.1%
Black or African American0.3%
Hispanic or Latino2.9%
Other / Two or More Races3.7%
Honaker, Virginia — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 93.1%Other: 3.7%Hispanic/Latino: 2.9%Other: 0.3%1,188PopulationWhiteWhite93.1%OtherOther3.7%Hispanic/LatinoHispanic/Latino2.9%OtherOther0.3%

Income & Economy

The median household income in Honaker is $44,183, which is 45.2% below the national median of $80,610. The per capita income is $25,656. The poverty rate is 26.5%.

$44,183
Median Household Income
$25,656
Per Capita Income
26.5%
Poverty Rate

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Education

In Honaker, 78.5% of residents age 25+ have a high school diploma or higher, and 6.2% hold a bachelor's degree or higher (0.9% with a graduate or professional degree).

HS Diploma+
78.5%
Bachelor's+
6.2%
Graduate+
0.9%
Education Level % of Adults (25+)
High School Diploma or Higher78.5%
Bachelor's Degree or Higher6.2%
Graduate or Professional Degree0.9%

Housing

The median home value in Honaker is $91,600, below the national median of $303,400. The median monthly rent is $548. The homeownership rate is 69.6%.

$91,600
Median Home Value
$548/mo
Median Rent
69.6%
Homeownership Rate
Housing Metric Value
Median Home Value$91,600
Median Monthly Rent$548
Homeownership Rate69.6%
Vacancy Rate7.7%

Salaries in Virginia

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Frequently Asked Questions

What is the population of Honaker, Virginia?
The population of Honaker, Virginia is 1,188 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Honaker, Virginia?
The median household income in Honaker, Virginia is $44,183. This is 45.2% below the national median of $80,610.
What is the median home value in Honaker, Virginia?
The median home value in Honaker, Virginia is $91,600. The median monthly rent is $548.
What percentage of people in Honaker have a college degree?
In Honaker, Virginia, 6.2% of adults age 25 and older hold a bachelor's degree or higher, and 78.5% have a high school diploma or higher.
Is Honaker, Virginia an affordable place to live?
The home price-to-income ratio in Honaker, Virginia is 2.1x (median home value $91,600 vs. median income $44,183), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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