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New River, 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
268
Population
$41,628
Median Income
$133,600
Home Value
60.5
Median Age

Demographics

New River has a population of 268 with a median age of 60.5. Here is the racial and ethnic breakdown of the population:

Black
77.6%
White
16.0%
Asian
6.3%
Demographic Value
Total Population268
Median Age60.5
White16.0%
Black or African American77.6%
Asian6.3%
New River, Virginia — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.Black: 77.7%White: 16.0%Asian: 6.3%268PopulationBlackBlack77.7%WhiteWhite16.0%AsianAsian6.3%

Income & Economy

The median household income in New River is $41,628, which is 48.4% below the national median of $80,610. The per capita income is $34,646. The poverty rate is 2.6%.

$41,628
Median Household Income
$34,646
Per Capita Income
2.6%
Poverty Rate

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Education

In New River, 95.5% of residents age 25+ have a high school diploma or higher, and 48.9% hold a bachelor's degree or higher.

HS Diploma+
95.5%
Bachelor's+
48.9%
Education Level % of Adults (25+)
High School Diploma or Higher95.5%
Bachelor's Degree or Higher48.9%

Housing

The median home value in New River is $133,600, below the national median of $303,400. The homeownership rate is 76.5%.

$133,600
Median Home Value
76.5%
Homeownership Rate
Housing Metric Value
Median Home Value$133,600
Homeownership Rate76.5%

Salaries in Virginia

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Frequently Asked Questions

What is the population of New River, Virginia?
The population of New River, Virginia is 268 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in New River, Virginia?
The median household income in New River, Virginia is $41,628. This is 48.4% below the national median of $80,610.
What is the median home value in New River, Virginia?
The median home value in New River, Virginia is $133,600.
What percentage of people in New River have a college degree?
In New River, Virginia, 48.9% of adults age 25 and older hold a bachelor's degree or higher, and 95.5% have a high school diploma or higher.
Is New River, Virginia an affordable place to live?
The home price-to-income ratio in New River, Virginia is 3.2x (median home value $133,600 vs. median income $41,628), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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