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Winchester, 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
27,913
Population
$63,974
Median Income
$343,000
Home Value
36.8
Median Age

Demographics

Winchester has a population of 27,913 with a median age of 36.8. Here is the racial and ethnic breakdown of the population:

White
62.3%
Hispanic
21.0%
Black
7.9%
Other
6.6%
Asian
2.2%
Demographic Value
Total Population27,913
Median Age36.8
White62.3%
Black or African American7.9%
Asian2.2%
Hispanic or Latino21.0%
Other / Two or More Races6.6%
Winchester, Virginia — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 62.3%Hispanic/Latino: 21.0%Black: 7.9%Other: 6.6%Asian: 2.2%27,913PopulationWhiteWhite62.3%Hispanic/LatinoHispanic/Latino21.0%BlackBlack7.9%OtherOther6.6%AsianAsian2.2%

Income & Economy

The median household income in Winchester is $63,974, which is 20.6% below the national median of $80,610. The per capita income is $36,588. The poverty rate is 21.5%.

$63,974
Median Household Income
$36,588
Per Capita Income
21.5%
Poverty Rate

Employment

The unemployment rate in Winchester is 2.9%, compared to the national rate of 4.1%.

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Education

In Winchester, 87.5% of residents age 25+ have a high school diploma or higher, and 31.3% hold a bachelor's degree or higher (13.5% with a graduate or professional degree).

HS Diploma+
87.5%
Bachelor's+
31.3%
Graduate+
13.5%
Education Level % of Adults (25+)
High School Diploma or Higher87.5%
Bachelor's Degree or Higher31.3%
Graduate or Professional Degree13.5%

Housing

The median home value in Winchester is $343,000, above the national median of $303,400. The median monthly rent is $1,315. The homeownership rate is 43.6%.

$343,000
Median Home Value
$1,315/mo
Median Rent
43.6%
Homeownership Rate
Housing Metric Value
Median Home Value$343,000
Median Monthly Rent$1,315
Homeownership Rate43.6%
Vacancy Rate8.4%

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 Winchester, Virginia?
The population of Winchester, Virginia is 27,913 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Winchester, Virginia?
The median household income in Winchester, Virginia is $63,974. This is 20.6% below the national median of $80,610.
What is the median home value in Winchester, Virginia?
The median home value in Winchester, Virginia is $343,000. The median monthly rent is $1,315.
What percentage of people in Winchester have a college degree?
In Winchester, Virginia, 31.3% of adults age 25 and older hold a bachelor's degree or higher, and 87.5% have a high school diploma or higher.
Is Winchester, Virginia an affordable place to live?
The home price-to-income ratio in Winchester, Virginia is 5.4x (median home value $343,000 vs. median income $63,974), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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