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CITY · 2020 ACS

Fincastle

Tennessee · 1,611 residents · 3.653 sq mi
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The short version

Fincastle has notably lower household income than the US average, with a median household income of $40,091. Population has grown 21% since 2019. 11% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value is $78,800. With a median age of 48.3, the population is older than the US median of 38.8. Households here earn about 27% less than the Tennessee median.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 48.3
US median: 38.8
Less educated
11% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
1,611
+21%since 2019
from 1,333 in 2019
2010 – 2024
Population density
441 / sq mi
+21%since 2019
from 365 / sq mi in 2019
US average: 280
Median age
48.3
−1%since 2019
from 48.8 in 2019
US average: 38.8
Population, 2010 – 2024
1K1K1K2K2K201020202024Fincastle
20241K
201020202024
Section 02

Income & economy

Median household income
$40,091
+11%inflation adjusted, since 2019
from $35,529 in 2019
US average: $66,278
2010 – 2024
Per capita income
$21,237
+6%since 2019
from $20,062 in 2019
US average: $35,364
Households earning $100K+
19.7%
+0.4 ptssince 2019
from 19.3% in 2019
US average: 43.9%
Poverty rate
32.8%
−0.8 ptssince 2019
from 33.5% in 2019
US average: 12.8%
Workforce by industry, 2020
Wholesale trade15.9%
US avg: 6.7%
Retail trade13%
US avg: 10%
Information7.6%
US avg: 11.1%
Finance & insurance3.1%
US avg: 5.5%
Professional, scientific, technical3.1%
US avg: 4.7%
Agriculture, forestry, fishing2.5%
US avg: 1.7%
Manufacturing2.5%
US avg: 0.5%
Transportation & warehousing1.6%
US avg: 2.5%
Arts, entertainment, food1.6%
US avg: 2%
Other services1.2%
US avg: 6.6%
Public administration1.2%
US avg: 4.7%
Construction0%
US avg: 1.2%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$78,800
+6%inflation adjusted, since 2019
from $73,600 in 2019
US average: $265,253
2010 – 2024
Median gross rent
$588
−1%inflation adjusted, since 2019
from $585 in 2019
US average: $1,124
Owner-occupied
80.4%
+5.2 ptssince 2019
from 75.2% in 2019
19.6% rent
Afford Score
2.0
−5%since 2019
from 2.1 in 2019
2010 – 2024
RELATED:See current rent listings in Fincastle on RentDataNow
Section 04

Race & ethnicity

2019
White, non-Hispanic99.2%(1,322)
Black0%(0)
Hispanic / Latino0.8%(11)
Asian0%(0)
Other0%(0)
Diversity Score2%(27)
2020
White, non-Hispanic95.3%(1,535)
Black0.3%(5)
Hispanic / Latino1%(16)
Asian0%(0)
Other0%(0)
Diversity Score3.3%(54)
Diversity Score
3
+63%since 2019
from 2 in 2019
2010 – 2024
Section 05

Education

Bachelor's degree or higher
10.7%
+0.6 ptssince 2019
from 10.1% in 2019
US average: 32.9%
High school or higher
76.2%
−1.1 ptssince 2019
from 77.3% in 2019
US average: 88.5%
Graduate degree
3.6%
−0.4 ptssince 2019
from 4.0% in 2019
US average: 12.7%
Section 06

Commute & transportation

Average commute
31.3 min
−3%since 2019
from 32.4 min in 2019
US average: 26.9
Drive alone to work
94.7%
−3.4 ptssince 2019
from 98.1% in 2019
US average: 75.1%
No vehicle available
5.4%
+0.5 ptssince 2019
from 4.9% in 2019
US average: 8.4%
Section 07

Work & employment

Unemployment rate
12.1%
+0.2 ptssince 2019
from 11.9% in 2019
US average: 5.4%
Labor force participation
51.7%
+2.1 ptssince 2019
from 49.6% in 2019
US average: 63.4%
Management & professional
25.2%
+2.7 ptssince 2019
from 22.4% in 2019
US average: 39.3%
Section 08

People & community

Male
52.7%
−2.8 ptssince 2019
from 55.4% in 2019
Female
47.3%
+2.8 ptssince 2019
from 44.6% in 2019
Foreign born
0.0%
Unchangedsince 2019
from 0.0% in 2019
US average: 13.5%
Uninsured
8.1%
−0.2 ptssince 2019
from 8.3% in 2019
US average: 8.8%
Drill deeper

Places similar to Fincastle

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Frequently asked

How many people live in Fincastle, Tennessee?

Fincastle, Tennessee has about 1,611 residents according to the 2020 American Community Survey.

What is the median household income in Fincastle, Tennessee?

The typical household in Fincastle, Tennessee earns about $40,091 a year. Half of households make more than that, and half make less.

Is Fincastle, Tennessee expensive?

In Fincastle, Tennessee, the median home is worth about $78,800, and the typical rent is about $588 a month.

How educated are people in Fincastle, Tennessee?

About 10.7% of adults age 25 and over in Fincastle, Tennessee hold a bachelor's degree or higher.

What is the poverty rate in Fincastle, Tennessee?

About 32.8% of people in Fincastle, Tennessee live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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