Allison Gap, VA
Population 544 · Virginia
About Allison Gap, VA
Allison Gap is a small community located in Virginia with a population of 544 residents according to the latest US Census Bureau American Community Survey data. The median household income is $24,052 per year, which is 68% below the national median of $75,149. The median age of 54.7 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 Allison Gap features a median home value of $69,600, which is 72% below the national median of $244,900. This makes Allison Gap one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 302 total housing units, 88% are owner-occupied (217 units) and 13% are renter-occupied (31 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Allison Gap shows an unemployment rate of 20.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 39.5%, above the national average of 12.4%. Workers in Allison Gap have an average one-way commute time of 37.7 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
3.8% of Allison Gap residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.8% of the population being foreign-born.
How Allison Gap Ranks in Virginia
Cost of Living in Allison Gap, VA
Compared to national averages, Allison Gap has a median household income of $24,052 (68% below the national median of $75,149). Home values average $69,600, which is 72% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Virginia, Allison Gap's income is 73% below the state average of $87,957, and home values are 79% below the state median of $327,514.
Why Live in Allison Gap, VA?
Allison Gap offers affordable housing with a median home value of $69,600, below the US average of $244,900, and rent that’s lower than the national average at $0/month.
Potential considerations include median household income ($24,052) that falls below the national average. However, Allison Gap’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Allison Gap has a population of 544 with a median age of 54.7 years. Compare Allison Gap with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near Allison Gap
Cities in Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Dryden | 545 | $49,750 | $127,000 | Compare |
| Cheriton | 548 | $37,125 | $0 | Compare |
| Hot Springs | 540 | $101,964 | $254,400 | Compare |
| Dillwyn | 549 | $56,143 | $165,000 | Compare |
| The University of Virginia's College at Wise | 538 | $0 | $0 | Compare |
| Haysi | 537 | $28,750 | $80,000 | Compare |
| Rose Hill CDP (Lee County), Virginia | 551 | $66,458 | $108,000 | Compare |
| Savageville | 552 | $0 | $0 | 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 Allison Gap With Other Cities
Frequently Asked Questions about Allison Gap
What is the population of Allison Gap, VA?
The population of Allison Gap, VA is 544 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Virginia.
What is the median household income in Allison Gap?
The median household income in Allison Gap, VA is $24,052 per year, which is 68% below the national median of $75,149.
What is the median home value in Allison Gap?
The median home value in Allison Gap, VA is $69,600, which is 72% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Allison Gap?
The median monthly rent in Allison Gap, VA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Allison Gap?
The unemployment rate in Allison Gap, VA is 20.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Allison Gap, VA a good place to live?
Allison Gap offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 544 and a median age of 54.7, the city appeals to established professionals and retirees.
How educated is Allison Gap, VA?
3.8% of residents in Allison Gap aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Allison Gap?
Key cost-of-living indicators for Allison Gap, VA: median home value is $69,600 (72% below national), median rent is $0/month, and median household income is $24,052. The home-value-to-income ratio is 2.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Allison Gap?
The poverty rate in Allison Gap, VA is 39.5%, 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 Allison Gap, VA?
Allison Gap's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 1.8% of residents are foreign-born.