Collinsville, VA
Population 7,645 · Virginia
About Collinsville, VA
Collinsville is a small town located in Virginia with a population of 7,645 residents according to the latest US Census Bureau American Community Survey data. The median household income is $50,465 per year, which is 33% below the national median of $75,149. The median age of 39.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Collinsville features a median home value of $123,500, which is 50% below the national median of $244,900. This makes Collinsville one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $714, 39% below the national average of $1,163/month. Of the 3,473 total housing units, 60% are owner-occupied (1,798 units) and 40% are renter-occupied (1,207 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Collinsville shows an unemployment rate of 5.9%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 13.9%, above the national average of 12.4%. Workers in Collinsville have an average one-way commute time of 18 minutes, one of the shorter commutes in the region.
Education & Demographics
26.9% of Collinsville 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 4.7% White, 0.5% Hispanic or Latino, 0.3% Black or African American, and 3.5% Asian residents, with 4.4% of the population being foreign-born.
How Collinsville Ranks in Virginia
Cost of Living in Collinsville, VA
Compared to national averages, Collinsville has a median household income of $50,465 (33% below the national median of $75,149). Home values average $123,500, which is 50% below the national median. Monthly rent at $714 is 39% below the US average of $1,163. Within Virginia, Collinsville's income is 43% below the state average of $87,957, and home values are 62% below the state median of $327,514.
Why Live in Collinsville, VA?
Collinsville offers affordable housing with a median home value of $123,500, below the US average of $244,900, and rent that’s lower than the national average at $714/month, and short commute times averaging just 18 minutes.
Potential considerations include median household income ($50,465) that falls below the national average. However, Collinsville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Collinsville has a population of 7,645 with a median age of 39.2 years. Compare Collinsville with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near Collinsville
Cities in Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Ashland | 7,667 | $65,000 | $272,600 | Compare |
| Farmville | 7,613 | $40,282 | $223,700 | Compare |
| Laurel Hill | 7,551 | $139,803 | $625,900 | Compare |
| Bull Run CDP (Fairfax County), Virginia | 7,513 | $238,500 | $879,000 | Compare |
| North Springfield | 7,511 | $124,118 | $630,300 | Compare |
| Mantua | 7,447 | $197,677 | $947,700 | Compare |
| Lexington | 7,420 | $89,598 | $275,300 | Compare |
| South Boston | 7,896 | $41,102 | $157,300 | 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 Collinsville With Other Cities
Frequently Asked Questions about Collinsville
What is the population of Collinsville, VA?
The population of Collinsville, VA is 7,645 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 Collinsville?
The median household income in Collinsville, VA is $50,465 per year, which is 33% below the national median of $75,149.
What is the median home value in Collinsville?
The median home value in Collinsville, VA is $123,500, which is 50% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Collinsville?
The median monthly rent in Collinsville, VA is $714, which is 39% below the national average of $1,163/month.
What is the unemployment rate in Collinsville?
The unemployment rate in Collinsville, VA is 5.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Collinsville, VA a good place to live?
Collinsville offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 7,645 and a median age of 39.2, the city appeals to a broad range of residents.
How educated is Collinsville, VA?
26.9% of residents in Collinsville 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 Collinsville?
Key cost-of-living indicators for Collinsville, VA: median home value is $123,500 (50% below national), median rent is $714/month, and median household income is $50,465. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Collinsville?
The poverty rate in Collinsville, VA is 13.9%, 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 Collinsville, VA?
Collinsville's population is 4.7% White, 0.5% Hispanic or Latino, 0.3% Black or African American, 3.5% Asian, and 17.8% two or more races. 4.4% of residents are foreign-born.