Living in Phenix, Virginia

Cost of living, income, home prices, rent and demographics of Phenix · Census data 2020–2024

Phenix has 418 residents with a median age of 43.7. The median household income is $73,125 (22% lower than the Virginia median), the median home value is $129,200, the median rent is $758/month.

Phenix is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Phenix at a glance

Population
418
Median age
43.7State: 39
Median household income
$73,125State: $93,170
Median home value
$129,200State: $383,700
Median rent
$758/moState: $1,579
Homeowners
83.5%
Bachelor's degree or higher
14.6%
Average commute
44 min

Is Phenix a good place to live?

Pros: Home values 66% lower than the state median.

Cons: Median household income 22% lower than the Virginia median; an average commute of 44 minutes; a poverty rate of 25.4%.

The weather is best in May and August to October.

Cost of living in Phenix

Housing is the biggest part of the cost of living. In Phenix the median home value is $129,200, 61% lower than the U.S. median. Renters pay a median of $758 per month, which is 15.5% of household income. Homeowners with a mortgage pay $1,135 a month in housing costs.

Median home value

Phenix$129,200
Virginia$383,700
United States$332,700

Median monthly rent

Phenix$758
Virginia$1,579
United States$1,413

Phenix median household income

The median household income in Phenix is $73,125 and the income per person is $25,508. 25.4% of residents live below the poverty line (Virginia: 9.9%).

Median household income

Phenix$73,125
Virginia$93,170
United States$80,734

Housing in Phenix: homes for sale and rent

Housing units
142
Owner-occupied
83.5%
Renter-occupied
16.5%
Vacant
6.3%Includes seasonal homes
Median year built
1962
Average household size
3.14

Phenix demographics

Population
418
Median age
43.7
Under 18
25.8%
65 and older
35.2%
Households
133
Foreign-born
0%
Veterans
2.9%Adults 18+

Race and ethnicity

White71.8%
Hispanic or Latino0%
Black23.7%
Asian0%

Hispanic or Latino can be of any race. Population history of Phenix ›

Education in Phenix

14.6% of adults 25 and older in Phenix have a bachelor's degree or higher (Virginia: 42.2%), and 9.9% have a graduate or professional degree.

Bachelor's degree or higher

Phenix14.6%
Virginia42.2%
United States35.7%

Jobs and commute in Phenix

Unemployment rate
0%State: 4.3%
Average commute
44 minState: 27 min
Work from home
3.3%
Drive alone
86.1%
Public transit
0%
Walk to work
0%
Homes with broadband
69.9%

Phenix vs nearby towns

TownPopulationMedian incomeHome valueRent
Phenix418$73,125$129,200$758
Charlotte Court House673$85,893$167,200$858
Drakes Branch435$25,938$111,000$569
Brookneal1,300$44,850$135,600$843
Pamplin City275$68,750$124,200$831
Keysville988$31,442$161,100$696
Clover696$52,577$203,700—
Hampden-Sydney1,769$154,565——
Appomattox2,084$51,875$162,300$905

More for people moving to Phenix

Phenix ZIP code ›Weather and climate ›

Living in Phenix: FAQ

What is the median household income in Phenix, VA?

The median household income in Phenix is $73,125, 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 Phenix?

The median home value in Phenix is $129,200, compared with $383,700 in Virginia.

How much is rent in Phenix?

The median gross rent in Phenix is $758 per month, about 15.5% of household income.

Is Phenix, VA a good place to live?

Pluses: home values 66% lower than the state median. Minuses: median household income 22% lower than the Virginia median; an average commute of 44 minutes; a poverty rate of 25.4%.

What is the median age in Phenix?

The median age in Phenix is 43.7 years (Virginia: 39).

How long is the commute in Phenix?

The average commute to work in Phenix is 44 minutes; 3.3% of workers work from home.

What is the unemployment rate in Phenix?

The unemployment rate in Phenix is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Phenix?

14.6% of adults in Phenix 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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