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CENSUS TRACT

Census Tract 701.01

Virginia · Galax · 3,755 residents · 4.565 sq mi
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701.02701.01
TRACT SHAPE · Galax, VA
The short version

Census Tract 701.01 has notably lower household income than the US average, with a median household income of $41,556. Population has declined 3% since 2020. 17% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $167,900. The poverty rate of 30.5% is well above the national figure.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 42.4
US median: 38.9
Less educated
17% 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
3,755
−3%since 2020
from 3,885 in 2020
2020 – 2024
Population density
823 / sq mi
−3%since 2020
from 851 / sq mi in 2020
US average: 281
Median age
42.4
Unchangedsince 2020
from 42.3 in 2020
US average: 38.9
Population, 20202024
4K4K4K4K4K20202024Census Tract 701.01
20244K
20202024
Section 02

Income & economy

Median household income
$41,556
−11%inflation adjusted, since 2020
from $38,536 in 2020
US average: $82,259
2020 – 2024
Per capita income
$28,930
+22%since 2020
from $23,720 in 2020
US average: $44,673
Households earning $100K+
29.6%
+5.1 ptssince 2020
from 24.6% in 2020
US average: 53.3%
Poverty rate
30.5%
+7.3 ptssince 2020
from 23.2% in 2020
US average: 12.5%
Income inequality (Gini)
0.518
+11%since 2020
from 0.466 in 2020
US average: 0.476
Workforce by industry, 2024
Information17.9%
US avg: 10.8%
Retail trade13%
US avg: 9.9%
Agriculture, forestry, fishing3.1%
US avg: 1.6%
Construction3.1%
US avg: 1.2%
Wholesale trade2.4%
US avg: 6.9%
Finance & insurance1.7%
US avg: 5.9%
Arts, entertainment, food1.6%
US avg: 1.9%
Professional, scientific, technical1.2%
US avg: 5.1%
Other services0.8%
US avg: 6.7%
Education & health services0.5%
US avg: 0.9%
Public administration0.2%
US avg: 4.8%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$167,900
+14%inflation adjusted, since 2020
from $121,500 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$764
+7%inflation adjusted, since 2020
from $589 in 2020
US average: $1,442
Owner-occupied
56.1%
−12.1 ptssince 2020
from 68.2% in 2020
43.9% rent
Vacancy rate
19.2%
−2.4 ptssince 2020
from 21.7% in 2020
US average: 10.0%
Owner cost-burdened
29.5%
+5.8 ptssince 2020
from 23.6% in 2020
US average: 22.9%
Renter cost-burdened
43.4%
+9.8 ptssince 2020
from 33.6% in 2020
US average: 47.4%
Afford Score
4.0
+28%since 2020
from 3.2 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 701.01 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic72.2%(2,805)
Black6.9%(267)
Hispanic / Latino19.4%(754)
Asian0.6%(22)
Other1%(37)
Diversity Score54.5%(2,118)
2024
White, non-Hispanic74.8%(2,807)
Black7.1%(266)
Hispanic / Latino15.6%(585)
Asian0%(0)
Other2.6%(97)
Diversity Score51.4%(1,930)
Diversity Score
51
−6%since 2020
from 55 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
17.0%
+0.7 ptssince 2020
from 16.3% in 2020
US average: 35.6%
High school or higher
82.8%
+10.7 ptssince 2020
from 72.0% in 2020
US average: 89.6%
Graduate degree
5.3%
−1.4 ptssince 2020
from 6.8% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
22.2 min
+7%since 2020
from 20.6 min in 2020
US average: 26.5
Drive alone to work
78.9%
+14.5 ptssince 2020
from 64.4% in 2020
US average: 68.9%
Carpooled to work
13.3%
−13.9 ptssince 2020
from 27.2% in 2020
US average: 8.5%
Public transit
0.0%
−0.3 ptssince 2020
from 0.3% in 2020
US average: 3.2%
Worked from home
7.5%
+0.8 ptssince 2020
from 6.6% in 2020
US average: 15.0%
Walked to work
0.3%
+0.3 ptssince 2020
from 0.0% in 2020
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
4.3%
−6.3 ptssince 2020
from 10.6% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
4.8%
−1.8 ptssince 2020
from 6.6% in 2020
US average: 5.2%
Labor force participation
58.8%
−1.4 ptssince 2020
from 60.3% in 2020
US average: 63.5%
Self-employed
12.5%
+4.8 ptssince 2020
from 7.7% in 2020
US average: 13.1%
Management & professional
34.5%
+5.3 ptssince 2020
from 29.3% in 2020
US average: 42.5%
Section 08

People & community

Male
46.9%
+4.4 ptssince 2020
from 42.5% in 2020
Female
53.1%
−4.4 ptssince 2020
from 57.5% in 2020
Foreign born
5.5%
−3.4 ptssince 2020
from 8.9% in 2020
US average: 14.1%
Veterans
7.9%
−4.9 ptssince 2020
from 12.7% in 2020
US average: 6.2%
With a disability
18.3%
−5.1 ptssince 2020
from 23.4% in 2020
US average: 13.3%
Uninsured
7.8%
−9.9 ptssince 2020
from 17.7% in 2020
US average: 8.4%
Broadband at home
87.7%
+13.7 ptssince 2020
from 74.0% in 2020
US average: 91.0%
English only at home
87.8%
+5.6 ptssince 2020
from 82.2% in 2020
US average: 77.7%
Spanish at home
11.7%
−5.4 ptssince 2020
from 17.1% in 2020
US average: 13.6%
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Frequently asked

How many people live in this census tract?

this census tract has about 3,755 residents according to the 2024 American Community Survey.

What is the median household income in this census tract?

The typical household in this census tract earns about $41,556 a year. Half of households make more than that, and half make less.

Is this census tract expensive?

In this census tract, the median home is worth about $167,900, and the typical rent is about $764 a month.

How educated are people in this census tract?

About 17.0% of adults age 25 and over in this census tract hold a bachelor's degree or higher.

What is the poverty rate in this census tract?

About 30.5% of people in this census tract live below the federal poverty line.

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Containing area
Galax
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Census Tract 701.02

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

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