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CITY

Shipman

Virginia · 472 residents · 2.686 sq mi
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The short version

Shipman has notably lower household income than the US average, with a median household income of $49,301. Population has declined 3% since 2023. 7% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $234,700. The poverty rate of 21.0% is well above the national figure. Households here earn about 47% less than the Virginia median.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 42.1
US median: 38.9
Less educated
7% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
472
−3%since 2023
from 489 in 2023
2010 – 2024
Population density
176 / sq mi
−3%since 2023
from 182 / sq mi in 2023
US average: 281
Median age
42.1
Unchangedsince 2023
from 42.1 in 2023
US average: 38.9
Population, 2010 – 2024
224301379456533201020202024Shipman
2024472
201020202024
Section 02

Income & economy

Median household income
$49,301
+4%inflation adjusted, since 2023
from $45,982 in 2023
US average: $82,259
2010 – 2024
Per capita income
$19,124
+25%since 2023
from $15,330 in 2023
US average: $44,673
Households earning $100K+
26.0%
+15.0 ptssince 2023
from 11.0% in 2023
US average: 53.3%
Poverty rate
21.0%
−0.3 ptssince 2023
from 21.3% in 2023
US average: 12.5%
Income inequality (Gini)
0.385
+24%since 2023
from 0.311 in 2023
US average: 0.476
Workforce by industry, 2024
Information46.7%
US avg: 10.8%
Finance & insurance12.8%
US avg: 5.9%
Professional, scientific, technical12.8%
US avg: 5.1%
Arts, entertainment, food9.4%
US avg: 1.9%
Wholesale trade5%
US avg: 6.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Retail trade0%
US avg: 9.9%
Transportation & warehousing0%
US avg: 2.2%
Education & health services0%
US avg: 0.9%
Other services0%
US avg: 6.7%
Public administration0%
US avg: 4.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$234,700
−4%inflation adjusted, since 2023
from $237,900 in 2023
US average: $376,019
2010 – 2024
Median gross rent
$1,068
−5%inflation adjusted, since 2023
from $1,091 in 2023
US average: $1,442
Owner-occupied
52.5%
−4.9 ptssince 2023
from 57.4% in 2023
47.5% rent
Vacancy rate
33.9%
−3.7 ptssince 2023
from 37.6% in 2023
US average: 10.0%
Owner cost-burdened
50.5%
−2.0 ptssince 2023
from 52.5% in 2023
US average: 22.9%
Renter cost-burdened
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 47.4%
Afford Score
4.8
−8%since 2023
from 5.2 in 2023
2010 – 2024
Gentrification Score
32
RELATED:See current rent listings in Shipman on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic62.6%(306)
Black35%(171)
Hispanic / Latino2.5%(12)
Asian0%(0)
Other0%(0)
Diversity Score60.7%(297)
2024
White, non-Hispanic55.5%(262)
Black42.6%(201)
Hispanic / Latino1.9%(9)
Asian0%(0)
Other0%(0)
Diversity Score63.8%(301)
Diversity Score
64
+5%since 2023
from 61 in 2023
2010 – 2024
Section 05

Education

Bachelor's degree or higher
6.6%
−1.0 ptssince 2023
from 7.6% in 2023
US average: 35.6%
High school or higher
100.0%
+17.8 ptssince 2023
from 82.2% in 2023
US average: 89.6%
Graduate degree
0.0%
−2.3 ptssince 2023
from 2.3% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
40.2 min
US average: 26.5
Drive alone to work
68.9%
−7.9 ptssince 2023
from 76.8% in 2023
US average: 68.9%
Carpooled to work
12.8%
+12.8 ptssince 2023
from 0.0% in 2023
US average: 8.5%
Public transit
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
Worked from home
9.4%
−2.1 ptssince 2023
from 11.6% in 2023
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
No vehicle available
7.7%
+7.7 ptssince 2023
from 0.0% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 5.2%
Labor force participation
54.1%
+7.6 ptssince 2023
from 46.5% in 2023
US average: 63.5%
Self-employed
3.9%
+0.8 ptssince 2023
from 3.0% in 2023
US average: 13.1%
Management & professional
13.3%
−1.3 ptssince 2023
from 14.6% in 2023
US average: 42.5%
Section 08

People & community

Male
41.7%
−6.9 ptssince 2023
from 48.7% in 2023
Female
58.3%
+6.9 ptssince 2023
from 51.3% in 2023
Foreign born
30.7%
+5.6 ptssince 2023
from 25.2% in 2023
US average: 14.1%
Veterans
4.8%
−2.0 ptssince 2023
from 6.8% in 2023
US average: 6.2%
With a disability
8.3%
−8.5 ptssince 2023
from 16.8% in 2023
US average: 13.3%
Uninsured
36.2%
+4.7 ptssince 2023
from 31.5% in 2023
US average: 8.4%
Broadband at home
85.1%
+10.5 ptssince 2023
from 74.6% in 2023
US average: 91.0%
English only at home
65.6%
−6.6 ptssince 2023
from 72.1% in 2023
US average: 77.7%
Spanish at home
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 13.6%
Drill deeper

Places similar to Shipman

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Pop 468
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Arnoldsville
Pop 445
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Head to head

Compare Shipman to nearby cities

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Home value$294,300+25%
Population11,780+2396%
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SHIPMAN VS
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Income$59,994+22%
Home value$245,500+5%
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SHIPMAN VS
Madison Heights
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SHIPMAN VS
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Home value$547,200+133%
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Frequently asked

How many people live in Shipman, Virginia?

Shipman, Virginia has about 472 residents according to the 2024 American Community Survey.

What is the median household income in Shipman, Virginia?

The typical household in Shipman, Virginia earns about $49,301 a year. Half of households make more than that, and half make less.

Is Shipman, Virginia expensive?

In Shipman, Virginia, the median home is worth about $234,700, and the typical rent is about $1,068 a month.

How educated are people in Shipman, Virginia?

About 6.6% of adults age 25 and over in Shipman, Virginia hold a bachelor's degree or higher.

What is the poverty rate in Shipman, Virginia?

About 21.0% of people in Shipman, Virginia 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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