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Shipman, 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
472
Population
$49,301
Median Income
$234,700
Home Value
42.1
Median Age

Demographics

Shipman has a population of 472 with a median age of 42.1. Here is the racial and ethnic breakdown of the population:

White
57.4%
Black
42.6%
Hispanic
1.9%
Demographic Value
Total Population472
Median Age42.1
White57.4%
Black or African American42.6%
Hispanic or Latino1.9%
Shipman, Virginia — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 102.White: 56.3%Black: 41.8%Other: 1.9%472PopulationWhiteWhite56.3%BlackBlack41.8%OtherOther1.9%

Income & Economy

The median household income in Shipman is $49,301, which is 38.8% below the national median of $80,610. The per capita income is $19,124. The poverty rate is 21.0%.

$49,301
Median Household Income
$19,124
Per Capita Income
21.0%
Poverty Rate

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Education

In Shipman, 100.0% of residents age 25+ have a high school diploma or higher, and 6.6% hold a bachelor's degree or higher.

HS Diploma+
100.0%
Bachelor's+
6.6%
Education Level % of Adults (25+)
High School Diploma or Higher100.0%
Bachelor's Degree or Higher6.6%

Housing

The median home value in Shipman is $234,700, below the national median of $303,400. The median monthly rent is $1,068. The homeownership rate is 52.5%.

$234,700
Median Home Value
$1,068/mo
Median Rent
52.5%
Homeownership Rate
Housing Metric Value
Median Home Value$234,700
Median Monthly Rent$1,068
Homeownership Rate52.5%
Vacancy Rate33.9%

Salaries in Virginia

Explore salary data for popular occupations in Virginia:

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Other Cities in Virginia

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Frequently Asked Questions

What is the population of Shipman, Virginia?
The population of Shipman, Virginia is 472 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Shipman, Virginia?
The median household income in Shipman, Virginia is $49,301. This is 38.8% below the national median of $80,610.
What is the median home value in Shipman, Virginia?
The median home value in Shipman, Virginia is $234,700. The median monthly rent is $1,068.
What percentage of people in Shipman have a college degree?
In Shipman, Virginia, 6.6% of adults age 25 and older hold a bachelor's degree or higher, and 100.0% have a high school diploma or higher.
Is Shipman, Virginia an affordable place to live?
The home price-to-income ratio in Shipman, Virginia is 4.8x (median home value $234,700 vs. median income $49,301), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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