Living in Shipman, Virginia
Cost of living, income, home prices, rent and demographics of Shipman · Census data 2020–2024
Shipman has 472 residents with a median age of 42.1. The median household income is $49,301 (47% lower than the Virginia median), the median home value is $234,700, the median rent is $1,068/month.
Shipman is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Shipman at a glance
- Population
- 472
- Median age
- 42.1State: 39
- Median household income
- $49,301State: $93,170
- Median home value
- $234,700State: $383,700
- Median rent
- $1,068/moState: $1,579
- Homeowners
- 52.5%
- Bachelor's degree or higher
- 6.6%
- Average commute
- 40 min
Is Shipman a good place to live?
Pros: Home values 39% lower than the state median.
Cons: Median household income 47% lower than the Virginia median; an average commute of 40 minutes; a poverty rate of 21%.
The weather is best in April–May and September–October.
Cost of living in Shipman
Housing is the biggest part of the cost of living. In Shipman the median home value is $234,700, 29% lower than the U.S. median. Renters pay a median of $1,068 per month. Homeowners with a mortgage pay $1,537 a month in housing costs.
Shipman median household income
The median household income in Shipman is $49,301 and the income per person is $19,124. 21% of residents live below the poverty line (Virginia: 9.9%).
Housing in Shipman: homes for sale and rent
- Housing units
- 274
- Owner-occupied
- 52.5%
- Renter-occupied
- 47.5%
- Vacant
- 33.9%Includes seasonal homes
- Median year built
- 1984
- Average household size
- 2.61
33.9% of homes are vacant most of the year, a sign that Shipman has many vacation and second homes.
Shipman demographics
- Population
- 472
- Median age
- 42.1
- Under 18
- 29.4%
- 65 and older
- 2.5%
- Households
- 181
- Foreign-born
- 30.7%
- Veterans
- 4.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Shipman ›
Education in Shipman
6.6% of adults 25 and older in Shipman have a bachelor's degree or higher (Virginia: 42.2%), and 0% have a graduate or professional degree.
Jobs and commute in Shipman
- Unemployment rate
- 0%State: 4.3%
- Average commute
- 40 minState: 27 min
- Work from home
- 9.4%
- Drive alone
- 68.9%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 85.1%
Shipman vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Shipman | 472 | $49,301 | $234,700 | $1,068 |
| Schuyler | 197 | $33,850 | — | $788 |
| Yogaville | 288 | $48,750 | $408,500 | $609 |
| Wintergreen | 589 | $120,346 | $513,800 | — |
| Nellysford | 1,584 | $136,442 | $552,600 | $1,545 |
| Amherst | 1,865 | $70,841 | $220,700 | $718 |
| North Garden | 475 | $108,258 | $553,600 | — |
| Buckingham Courthouse | 227 | $112,295 | $411,500 | — |
| Scottsville | 510 | $40,417 | $309,600 | $900 |
More for people moving to Shipman
Shipman ZIP code ›Weather and climate ›Living in Shipman: FAQ
What is the median household income in Shipman, VA?
The median household income in Shipman is $49,301, 47% 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 Shipman?
The median home value in Shipman is $234,700, compared with $383,700 in Virginia.
How much is rent in Shipman?
The median gross rent in Shipman is $1,068 per month.
Is Shipman, VA a good place to live?
Pluses: home values 39% lower than the state median. Minuses: median household income 47% lower than the Virginia median; an average commute of 40 minutes; a poverty rate of 21%.
What is the median age in Shipman?
The median age in Shipman is 42.1 years (Virginia: 39).
How long is the commute in Shipman?
The average commute to work in Shipman is 40 minutes; 9.4% of workers work from home.
What is the unemployment rate in Shipman?
The unemployment rate in Shipman is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Shipman?
6.6% of adults in Shipman 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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