Basye, VA
Population 1,416 · Virginia
About Basye, VA
Basye is a small town located in Virginia with a population of 1,416 residents according to the latest US Census Bureau American Community Survey data. The median household income is $69,881 per year, which is 7% below the national median of $75,149. The median age of 47.7 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 Basye features a median home value of $272,500, which is 11% above the national median of $244,900. This positions Basye in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 1,523 total housing units, 84% are owner-occupied (468 units) and 16% are renter-occupied (90 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Basye shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 9.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Basye have an average one-way commute time of 25.4 minutes.
Education & Demographics
34.0% of Basye 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 0.0% White, 1.9% Hispanic or Latino, 0.0% Black or African American, and 3.4% Asian residents, with 1.8% of the population being foreign-born.
Cost of Living in Basye, VA
Compared to national averages, Basye has a median household income of $69,881 (7% below the national median of $75,149). Home values average $272,500, which is 11% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Virginia, Basye's income is 21% below the state average of $87,957, and home values are 17% below the state median of $327,514.
Why Live in Basye, VA?
Basye offers rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%, and a well-educated community where 34.0% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 9.1%, better than the national average.
Potential considerations include median household income ($69,881) that falls below the national average. However, Basye’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Basye has a population of 1,416 with a median age of 47.7 years. Compare Basye with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near Basye
Cities in Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Wattsville | 1,425 | $66,677 | $170,500 | Compare |
| Lyndhurst | 1,401 | $74,405 | $233,400 | Compare |
| Brightwood | 1,436 | $90,208 | $300,000 | Compare |
| Benns Church | 1,443 | $69,598 | $240,200 | Compare |
| Great Falls Crossing | 1,384 | $250,001 | $1,007,100 | Compare |
| Hurt | 1,382 | $50,263 | $141,700 | Compare |
| Bowling Green | 1,455 | $69,352 | $307,100 | Compare |
| Boswell's Corner | 1,459 | $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 Basye With Other Cities
Frequently Asked Questions about Basye
What is the population of Basye, VA?
The population of Basye, VA is 1,416 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 Basye?
The median household income in Basye, VA is $69,881 per year, which is 7% below the national median of $75,149.
What is the median home value in Basye?
The median home value in Basye, VA is $272,500, which is 11% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Basye?
The median monthly rent in Basye, VA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Basye?
The unemployment rate in Basye, VA is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Basye, VA a good place to live?
Basye offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 1,416 and a median age of 47.7, the city appeals to established professionals and retirees.
How educated is Basye, VA?
34.0% of residents in Basye 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 Basye?
Key cost-of-living indicators for Basye, VA: median home value is $272,500 (11% above national), median rent is $0/month, and median household income is $69,881. The home-value-to-income ratio is 3.9x, a moderate figure by national standards.
What is the poverty rate in Basye?
The poverty rate in Basye, VA is 9.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Basye, VA?
Basye's population is 0.0% White, 1.9% Hispanic or Latino, 0.0% Black or African American, 3.4% Asian, and 1.0% two or more races. 1.8% of residents are foreign-born.