Living in Honaker, Virginia
Cost of living, income, home prices, rent and demographics of Honaker · Census data 2020–2024
Honaker has 1,188 residents with a median age of 41.5. The median household income is $44,183 (53% lower than the Virginia median), the median home value is $91,600, the median rent is $548/month.
Honaker is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Honaker at a glance
- Population
- 1,188
- Median age
- 41.5State: 39
- Median household income
- $44,183State: $93,170
- Median home value
- $91,600State: $383,700
- Median rent
- $548/moState: $1,579
- Homeowners
- 69.6%
- Bachelor's degree or higher
- 6.2%
- Average commute
- 38 min
Is Honaker a good place to live?
Pros: Home values 76% lower than the state median; unemployment of 0.5%.
Cons: Median household income 53% lower than the Virginia median; an average commute of 38 minutes; a poverty rate of 26.5%.
The weather is best in May–June and September–October.
Cost of living in Honaker
Housing is the biggest part of the cost of living. In Honaker the median home value is $91,600, 72% lower than the U.S. median. Renters pay a median of $548 per month, which is 39.6% of household income. Homeowners with a mortgage pay $868 a month in housing costs.
Honaker median household income
The median household income in Honaker is $44,183 and the income per person is $25,656. 26.5% of residents live below the poverty line (Virginia: 9.9%).
Housing in Honaker: homes for sale and rent
- Housing units
- 556
- Owner-occupied
- 69.6%
- Renter-occupied
- 30.4%
- Vacant
- 7.7%Includes seasonal homes
- Median year built
- 1978
- Average household size
- 2.29
Honaker demographics
- Population
- 1,188
- Median age
- 41.5
- Under 18
- 21.3%
- 65 and older
- 26.7%
- Households
- 513
- Foreign-born
- 0%
- Veterans
- 3.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Honaker ›
Education in Honaker
6.2% of adults 25 and older in Honaker have a bachelor's degree or higher (Virginia: 42.2%), and 0.9% have a graduate or professional degree.
Jobs and commute in Honaker
- Unemployment rate
- 0.5%State: 4.3%
- Average commute
- 38 minState: 27 min
- Work from home
- 4.8%
- Drive alone
- 77.6%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 55.8%
Honaker vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Honaker | 1,188 | $44,183 | $91,600 | $548 |
| Raven | 1,345 | $52,619 | $88,800 | $695 |
| Richlands | 5,171 | $37,154 | $111,000 | $804 |
| Lebanon | 3,116 | $53,050 | $162,400 | $621 |
| Cleveland | 369 | $28,704 | $61,800 | $692 |
| Cedar Bluff | 1,167 | $37,170 | $111,800 | $860 |
| Claypool Hill | 1,610 | $45,446 | $166,400 | $790 |
| Allison Gap | 526 | $36,635 | $69,900 | — |
| Saltville | 2,198 | $48,658 | $96,600 | $645 |
More for people moving to Honaker
Honaker ZIP code ›Weather and climate ›Living in Honaker: FAQ
What is the median household income in Honaker, VA?
The median household income in Honaker is $44,183, 53% 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 Honaker?
The median home value in Honaker is $91,600, compared with $383,700 in Virginia.
How much is rent in Honaker?
The median gross rent in Honaker is $548 per month, about 39.6% of household income.
Is Honaker, VA a good place to live?
Pluses: home values 76% lower than the state median; unemployment of 0.5%. Minuses: median household income 53% lower than the Virginia median; an average commute of 38 minutes; a poverty rate of 26.5%.
What is the median age in Honaker?
The median age in Honaker is 41.5 years (Virginia: 39).
How long is the commute in Honaker?
The average commute to work in Honaker is 38 minutes; 4.8% of workers work from home.
What is the unemployment rate in Honaker?
The unemployment rate in Honaker is 0.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Honaker?
6.2% of adults in Honaker 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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