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CITY · 2020 ACS

Fincastle

Virginia · 755 residents · 2.046 sq mi
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The short version

Fincastle has lower-than-average household income, with a median household income of $54,044. The city has more than doubled in size since 2000, adding 396 residents. Median home value has more than doubled since 2000, reaching $254,800. The poverty rate of 23.7% is well above the national figure. Households here earn about 29% less than the Virginia median.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 42.2
US median: 38.8
More educated
38% hold a bachelor's degree
US average: 33%
Less affordable
home values up 62%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
755
+110%since 2000
from 359 in 2000
1990 – 2025
Population density
369 / sq mi
+110%since 2000
from 175 / sq mi in 2000
US average: 280
Median age
42.2
+7%since 2000
from 39.4 in 2000
US average: 38.8
Population, 1990 – 2024
1863695537369191990201020202024Fincastle
2024858
1990201020202024
Section 02

Income & economy

Median household income
$54,044
+8%inflation adjusted, since 2000
from $33,438 in 2000
US average: $66,278
1990 – 2024
Per capita income
$29,690
+49%since 2000
from $19,954 in 2000
US average: $35,364
Households earning $100K+
38.3%
+8.5 ptssince 2009
from 29.8% in 2009
US average: 43.9%
Poverty rate
23.7%
+21.5 ptssince 2000
from 2.3% in 2000
US average: 12.8%
Workforce by industry, 2020
Information15.2%
US avg: 11.1%
Arts, entertainment, food14%
US avg: 2%
Retail trade10.7%
US avg: 10%
Wholesale trade3.3%
US avg: 6.7%
Finance & insurance1.2%
US avg: 5.5%
Professional, scientific, technical1.2%
US avg: 4.7%
Other services0.8%
US avg: 6.6%
Public administration0.8%
US avg: 4.7%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Transportation & warehousing0%
US avg: 2.5%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$254,800
+62%inflation adjusted, since 2000
from $104,700 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$830
+21%inflation adjusted, since 2000
from $456 in 2000
US average: $1,124
Owner-occupied
72.5%
−3.5 ptssince 2000
from 76.0% in 2000
27.5% rent
Afford Score
4.7
+51%since 2000
from 3.1 in 2000
1990 – 2024
RELATED:See current rent listings in Fincastle on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic88.9%(319)
Black7.5%(27)
Hispanic / Latino1.9%(7)
Asian0.3%(1)
Other0%
Diversity Score22.7%(82)
2020
White, non-Hispanic84.2%(636)
Black8.2%(62)
Hispanic / Latino2.4%(18)
Asian1.2%(9)
Other2.5%(19)
Diversity Score32.7%(247)
Diversity Score
33
+44%since 2000
from 23 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
38.0%
+13.5 ptssince 2000
from 24.5% in 2000
US average: 32.9%
High school or higher
89.7%
+4.4 ptssince 2000
from 85.3% in 2000
US average: 88.5%
Graduate degree
17.6%
+6.1 ptssince 2000
from 11.4% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
24.2 min
+67%since 2000
from 14.5 min in 2000
US average: 26.9
Drive alone to work
85.5%
−10.8 ptssince 2009
from 96.2% in 2009
US average: 75.1%
No vehicle available
0.4%
−1.2 ptssince 2009
from 1.6% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
1.6%
+0.9 ptssince 2011
from 0.8% in 2011
US average: 5.4%
Labor force participation
46.9%
−2.6 ptssince 2011
from 49.4% in 2011
US average: 63.4%
Management & professional
44.4%
−12.5 ptssince 2009
from 56.9% in 2009
US average: 39.3%
Section 08

People & community

Male
53.3%
+3.9 ptssince 2009
from 49.4% in 2009
Female
46.7%
−3.9 ptssince 2009
from 50.6% in 2009
Foreign born
0.7%
+0.7 ptssince 2009
from 0.0% in 2009
US average: 13.5%
Uninsured
3.8%
−85.9 ptssince 2013
from 89.7% in 2013
US average: 8.8%
Drill deeper

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Compare Fincastle to nearby cities

FINCASTLE VS
Hollins
Income$77,456+43%
Home value$244,300−4%
Population17,097+1972%
SEE FULL COMPARISON →
FINCASTLE VS
Roanoke
Income$55,378+2%
Home value$190,500−25%
Population99,111+11913%
SEE FULL COMPARISON →
FINCASTLE VS
Salem
Income$66,725+23%
Home value$258,600+1%
Population25,816+3029%
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FINCASTLE VS
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Income$87,539+62%
Home value$325,800+28%
Population25,742+3020%
SEE FULL COMPARISON →
Frequently asked

How many people live in Fincastle, Virginia?

Fincastle, Virginia has about 755 residents according to the 2020 American Community Survey.

What is the median household income in Fincastle, Virginia?

The typical household in Fincastle, Virginia earns about $54,044 a year. Half of households make more than that, and half make less.

Is Fincastle, Virginia expensive?

In Fincastle, Virginia, the median home is worth about $254,800, and the typical rent is about $830 a month.

How educated are people in Fincastle, Virginia?

About 38.0% of adults age 25 and over in Fincastle, Virginia hold a bachelor's degree or higher.

What is the poverty rate in Fincastle, Virginia?

About 23.7% of people in Fincastle, Virginia live below the federal poverty line.

Has Fincastle, Virginia grown since 1990?

Yes, Fincastle, Virginia has grown since 1990. The population has added about 505 residents, a change of about 202 percent over that period.

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

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