Living in Fincastle, Virginia
Cost of living, income, home prices, rent and demographics of Fincastle · Census data 2020–2024
Fincastle has 858 residents with a median age of 36.4. The median household income is $72,609 (22% lower than the Virginia median), the median home value is $257,500, the median rent is $945/month.
Fincastle is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Fincastle at a glance
- Population
- 858
- Median age
- 36.4State: 39
- Median household income
- $72,609State: $93,170
- Median home value
- $257,500State: $383,700
- Median rent
- $945/moState: $1,579
- Homeowners
- 65%
- Bachelor's degree or higher
- 32.4%
- Average commute
- 27 min
Is Fincastle a good place to live?
Pros: Home values 33% lower than the state median; an average commute of 27 minutes; unemployment of 0.9%.
Cons: Median household income 22% lower than the Virginia median; a poverty rate of 22.1%.
The weather is best in May–June and September–October.
Cost of living in Fincastle
Housing is the biggest part of the cost of living. In Fincastle the median home value is $257,500, 23% lower than the U.S. median. Renters pay a median of $945 per month, which is 21.9% of household income. Homeowners with a mortgage pay $1,539 a month in housing costs.
Fincastle median household income
The median household income in Fincastle is $72,609 and the income per person is $30,729. 22.1% of residents live below the poverty line (Virginia: 9.9%).
Housing in Fincastle: homes for sale and rent
- Housing units
- 346
- Owner-occupied
- 65%
- Renter-occupied
- 35%
- Vacant
- 20.8%Includes seasonal homes
- Median year built
- 1962
- Average household size
- 2.52
Fincastle demographics
- Population
- 858
- Median age
- 36.4
- Under 18
- 22.6%
- 65 and older
- 22.4%
- Households
- 274
- Foreign-born
- 4%
- Veterans
- 4.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Fincastle ›
Education in Fincastle
32.4% of adults 25 and older in Fincastle have a bachelor's degree or higher (Virginia: 42.2%), and 15.5% have a graduate or professional degree.
Jobs and commute in Fincastle
- Unemployment rate
- 0.9%State: 4.3%
- Average commute
- 27 minState: 27 min
- Work from home
- 9.9%
- Drive alone
- 84.8%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 90.1%
Fincastle vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Fincastle | 858 | $72,609 | $257,500 | $945 |
| Troutville | 475 | $63,750 | $221,000 | $1,537 |
| Daleville | 3,797 | $103,056 | $370,100 | $1,793 |
| Blue Ridge | 2,800 | $75,871 | $274,500 | $1,287 |
| Laymantown | 1,626 | $88,401 | $285,200 | — |
| Buchanan | 1,367 | $54,226 | $187,500 | $958 |
| Cloverdale | 3,208 | $79,975 | $359,900 | $921 |
| Hollins | 17,097 | $77,456 | $244,300 | $1,193 |
| New Castle | 138 | $77,083 | $256,300 | $833 |
More for people moving to Fincastle
Fincastle ZIP code ›Weather and climate ›Living in Fincastle: FAQ
What is the median household income in Fincastle, VA?
The median household income in Fincastle is $72,609, 22% lower than the Virginia median of $93,170 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Fincastle?
The median home value in Fincastle is $257,500, compared with $383,700 in Virginia.
How much is rent in Fincastle?
The median gross rent in Fincastle is $945 per month, about 21.9% of household income.
Is Fincastle, VA a good place to live?
Pluses: home values 33% lower than the state median; an average commute of 27 minutes; unemployment of 0.9%. Minuses: median household income 22% lower than the Virginia median; a poverty rate of 22.1%.
What is the median age in Fincastle?
The median age in Fincastle is 36.4 years (Virginia: 39).
How long is the commute in Fincastle?
The average commute to work in Fincastle is 27 minutes; 9.9% of workers work from home.
What is the unemployment rate in Fincastle?
The unemployment rate in Fincastle is 0.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Fincastle?
32.4% of adults in Fincastle 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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