Living in Hallwood, Virginia
Cost of living, income, home prices, rent and demographics of Hallwood · Census data 2020–2024
Hallwood has 160 residents with a median age of 37.5. The median household income is $62,500 (33% lower than the Virginia median), the median home value is $93,600, the median rent is $1,100/month.
Hallwood is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Hallwood at a glance
- Population
- 160
- Median age
- 37.5State: 39
- Median household income
- $62,500State: $93,170
- Median home value
- $93,600State: $383,700
- Median rent
- $1,100/moState: $1,579
- Homeowners
- 84.4%
- Bachelor's degree or higher
- 12.6%
- Average commute
- 21 min
Is Hallwood a good place to live?
Pros: Home values 76% lower than the state median; an average commute of 21 minutes; unemployment of 1.4%.
Cons: Median household income 33% lower than the Virginia median; a poverty rate of 10.6%.
The weather is best in May–June and September–October.
Cost of living in Hallwood
Housing is the biggest part of the cost of living. In Hallwood the median home value is $93,600, 72% lower than the U.S. median. Renters pay a median of $1,100 per month, which is 18% of household income. Homeowners with a mortgage pay $961 a month in housing costs.
Hallwood median household income
The median household income in Hallwood is $62,500 and the income per person is $25,933. 10.6% of residents live below the poverty line (Virginia: 9.9%).
Housing in Hallwood: homes for sale and rent
- Housing units
- 111
- Owner-occupied
- 84.4%
- Renter-occupied
- 15.6%
- Vacant
- 42.3%Includes seasonal homes
- Median year built
- 1941
- Average household size
- 2.50
42.3% of homes are vacant most of the year, a sign that Hallwood has many vacation and second homes.
Hallwood demographics
- Population
- 160
- Median age
- 37.5
- Under 18
- 26.9%
- 65 and older
- 21.9%
- Households
- 64
- Foreign-born
- 16.3%
- Veterans
- 8.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Hallwood ›
Education in Hallwood
12.6% of adults 25 and older in Hallwood have a bachelor's degree or higher (Virginia: 42.2%), and 4.9% have a graduate or professional degree.
Jobs and commute in Hallwood
- Unemployment rate
- 1.4%State: 4.3%
- Average commute
- 21 minState: 27 min
- Work from home
- 0%
- Drive alone
- 96.8%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 68.8%
Hallwood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Hallwood | 160 | $62,500 | $93,600 | $1,100 |
| Makemie Park | 150 | $38,636 | — | — |
| Bloxom | 571 | $66,875 | $133,300 | $1,114 |
| Nelsonia | 608 | $88,685 | $136,200 | $759 |
| Modest Town | 265 | $103,409 | — | — |
| Atlantic | 342 | $107,143 | $252,000 | — |
| Gargatha | 564 | $64,375 | $291,500 | — |
| Wattsville | 1,439 | $69,380 | $184,700 | $983 |
| Parksley | 867 | $76,875 | $163,100 | $1,012 |
More for people moving to Hallwood
Hallwood ZIP code ›Weather and climate ›Living in Hallwood: FAQ
What is the median household income in Hallwood, VA?
The median household income in Hallwood is $62,500, 33% 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 Hallwood?
The median home value in Hallwood is $93,600, compared with $383,700 in Virginia.
How much is rent in Hallwood?
The median gross rent in Hallwood is $1,100 per month, about 18% of household income.
Is Hallwood, VA a good place to live?
Pluses: home values 76% lower than the state median; an average commute of 21 minutes; unemployment of 1.4%. Minuses: median household income 33% lower than the Virginia median; a poverty rate of 10.6%.
What is the median age in Hallwood?
The median age in Hallwood is 37.5 years (Virginia: 39).
How long is the commute in Hallwood?
The average commute to work in Hallwood is 21 minutes; 0% of workers work from home.
What is the unemployment rate in Hallwood?
The unemployment rate in Hallwood is 1.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Hallwood?
12.6% of adults in Hallwood 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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