Living in Virginia, Minnesota
Cost of living, income, home prices, rent and demographics of Virginia · Census data 2020–2024
Virginia has 8,332 residents with a median age of 43. The median household income is $51,720 (42% lower than the Minnesota median), the median home value is $120,600, the median rent is $792/month.
Virginia at a glance
- Population
- 8,332
- Median age
- 43State: 38.8
- Median household income
- $51,720State: $89,062
- Median home value
- $120,600State: $329,300
- Median rent
- $792/moState: $1,280
- Homeowners
- 59.3%
- Bachelor's degree or higher
- 20.9%
- Average commute
- 18 min
Is Virginia a good place to live?
Pros: Home values 63% lower than the state median; an average commute of 18 minutes.
Cons: Median household income 42% lower than the Minnesota median; unemployment of 5.6%; a poverty rate of 18%.
The weather is best in June to September.
Cost of living in Virginia
Housing is the biggest part of the cost of living. In Virginia the median home value is $120,600, 64% lower than the U.S. median. Renters pay a median of $792 per month, which is 31% of household income. Homeowners with a mortgage pay $1,165 a month in housing costs.
Virginia median household income
The median household income in Virginia is $51,720 and the income per person is $32,274. 18% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Virginia: homes for sale and rent
- Housing units
- 5,001
- Owner-occupied
- 59.3%
- Renter-occupied
- 40.7%
- Vacant
- 18.3%Includes seasonal homes
- Median year built
- 1953
- Average household size
- 1.94
Virginia demographics
- Population
- 8,332
- Median age
- 43
- Under 18
- 20.2%
- 65 and older
- 24.2%
- Households
- 4,088
- Foreign-born
- 1.5%
- Veterans
- 9%Adults 18+
Hispanic or Latino can be of any race. Population history of Virginia ›
Education in Virginia
20.9% of adults 25 and older in Virginia have a bachelor's degree or higher (Minnesota: 39.4%), and 6.6% have a graduate or professional degree.
Jobs and commute in Virginia
- Unemployment rate
- 5.6%State: 4.1%
- Average commute
- 18 minState: 23 min
- Work from home
- 5.8%
- Drive alone
- 79.3%
- Public transit
- 1.3%
- Walk to work
- 2.3%
- Homes with broadband
- 79.1%
Virginia vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Virginia | 8,332 | $51,720 | $120,600 | $792 |
| Eveleth | 3,448 | $50,725 | $97,600 | $904 |
| Gilbert | 1,697 | $64,625 | $126,000 | $698 |
| Mountain Iron | 2,860 | $83,293 | $192,800 | $918 |
| Biwabik | 966 | $67,917 | $111,200 | $749 |
| Kinney | 115 | $57,045 | $121,900 | $525 |
| Buhl | 1,022 | $58,750 | $127,700 | $1,043 |
| Aurora | 1,792 | $42,083 | $97,600 | $509 |
| Chisholm | 4,712 | $50,891 | $109,200 | $732 |
More for people moving to Virginia
Virginia ZIP code ›Weather and climate ›Living in Virginia: FAQ
What is the median household income in Virginia, MN?
The median household income in Virginia is $51,720, 42% lower than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Virginia?
The median home value in Virginia is $120,600, compared with $329,300 in Minnesota.
How much is rent in Virginia?
The median gross rent in Virginia is $792 per month, about 31% of household income.
Is Virginia, MN a good place to live?
Pluses: home values 63% lower than the state median; an average commute of 18 minutes. Minuses: median household income 42% lower than the Minnesota median; unemployment of 5.6%; a poverty rate of 18%.
What is the median age in Virginia?
The median age in Virginia is 43 years (Minnesota: 38.8).
How long is the commute in Virginia?
The average commute to work in Virginia is 18 minutes; 5.8% of workers work from home.
What is the unemployment rate in Virginia?
The unemployment rate in Virginia is 5.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Virginia?
20.9% of adults in Virginia have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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