Abingdon, VA
Population 8,332 · Virginia
About Abingdon, VA
Abingdon is a small town located in Virginia with a population of 8,332 residents according to the latest US Census Bureau American Community Survey data. The median household income is $54,976 per year, which is 27% below the national median of $75,149. The median age of 46.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Abingdon features a median home value of $217,700, which is 11% below the national median of $244,900. This positions Abingdon in a moderately priced market relative to the rest of the country. Median monthly rent is $794, 32% below the national average of $1,163/month. Of the 4,505 total housing units, 56% are owner-occupied (2,318 units) and 44% are renter-occupied (1,806 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Abingdon shows an unemployment rate of 3.9%, which is near the national rate of 3.7%. The poverty rate stands at 13.4%, above the national average of 12.4%. Workers in Abingdon have an average one-way commute time of 17.3 minutes, one of the shorter commutes in the region.
Education & Demographics
36.2% of Abingdon residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.6% White, 0.6% Hispanic or Latino, 0.0% Black or African American, and 0.3% Asian residents, with 2.5% of the population being foreign-born.
Cost of Living in Abingdon, VA
Compared to national averages, Abingdon has a median household income of $54,976 (27% below the national median of $75,149). Home values average $217,700, which is 11% below the national median. Monthly rent at $794 is 32% below the US average of $1,163. Within Virginia, Abingdon's income is 37% below the state average of $87,957, and home values are 34% below the state median of $327,514.
Why Live in Abingdon, VA?
Abingdon offers affordable housing with a median home value of $217,700, below the US average of $244,900, and rent that’s lower than the national average at $794/month, and a well-educated community where 36.2% of residents hold a bachelor’s degree or higher. Additionally, the city features short commute times averaging just 17.3 minutes.
Potential considerations include median household income ($54,976) that falls below the national average. However, Abingdon’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Abingdon has a population of 8,332 with a median age of 46.8 years. Compare Abingdon with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near Abingdon
Cities in Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Fort Lee | 8,318 | $81,105 | $0 | Compare |
| Dumbarton | 8,407 | $59,085 | $274,700 | Compare |
| Wytheville | 8,224 | $43,283 | $193,000 | Compare |
| Franklin | 8,212 | $65,125 | $227,200 | Compare |
| Bellwood | 8,489 | $50,172 | $192,600 | Compare |
| Lake of the Woods | 8,165 | $112,917 | $377,500 | Compare |
| Fort Belvoir | 8,107 | $101,237 | $244,400 | Compare |
| Innsbrook | 8,559 | $130,534 | $445,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Virginia
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Abingdon With Other Cities
Frequently Asked Questions about Abingdon
What is the population of Abingdon, VA?
The population of Abingdon, VA is 8,332 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Virginia.
What is the median household income in Abingdon?
The median household income in Abingdon, VA is $54,976 per year, which is 27% below the national median of $75,149.
What is the median home value in Abingdon?
The median home value in Abingdon, VA is $217,700, which is 11% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Abingdon?
The median monthly rent in Abingdon, VA is $794, which is 32% below the national average of $1,163/month.
What is the unemployment rate in Abingdon?
The unemployment rate in Abingdon, VA is 3.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Abingdon, VA a good place to live?
Abingdon offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 8,332 and a median age of 46.8, the city appeals to established professionals and retirees.
How educated is Abingdon, VA?
36.2% of residents in Abingdon aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Abingdon?
Key cost-of-living indicators for Abingdon, VA: median home value is $217,700 (11% below national), median rent is $794/month, and median household income is $54,976. The home-value-to-income ratio is 4.0x, a moderate figure by national standards.
What is the poverty rate in Abingdon?
The poverty rate in Abingdon, VA is 13.4%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Abingdon, VA?
Abingdon's population is 0.6% White, 0.6% Hispanic or Latino, 0.0% Black or African American, 0.3% Asian, and 3.6% two or more races. 2.5% of residents are foreign-born.