Drakes Branch
Drakes Branch has notably lower household income than the US average, with a median household income of $23,125. Population has held roughly steady since 2000. 12% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has more than doubled since 2000, reaching $117,700. With a median age of 44.7, the population is older than the US median of 38.8. Households here earn about 70% less than the Virginia median.
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How many people live in Drakes Branch, Virginia?
Drakes Branch, Virginia has about 533 residents according to the 2020 American Community Survey.
What is the median household income in Drakes Branch, Virginia?
The typical household in Drakes Branch, Virginia earns about $23,125 a year. Half of households make more than that, and half make less.
Is Drakes Branch, Virginia expensive?
In Drakes Branch, Virginia, the median home is worth about $117,700, and the typical rent is about $700 a month.
How educated are people in Drakes Branch, Virginia?
About 11.7% of adults age 25 and over in Drakes Branch, Virginia hold a bachelor's degree or higher.
What is the poverty rate in Drakes Branch, Virginia?
About 36.9% of people in Drakes Branch, Virginia live below the federal poverty line.
Has Drakes Branch, Virginia grown since 1990?
Yes, Drakes Branch, Virginia has shrunk since 1990. The population has lost about 16 residents, a change of about -3 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024