Fincastle, VA
Population 636 · Virginia
About Fincastle, VA
Fincastle is a small community located in Virginia with a population of 636 residents according to the latest US Census Bureau American Community Survey data. The median household income is $63,750 per year, which is 15% below the national median of $75,149. The median age of 33.2 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Fincastle features a median home value of $276,200, which is 13% above the national median of $244,900. This positions Fincastle in a moderately priced market relative to the rest of the country. Median monthly rent is $873, 25% below the national average of $1,163/month. Of the 277 total housing units, 65% are owner-occupied (136 units) and 35% are renter-occupied (74 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Fincastle shows an unemployment rate of 1.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 24.1%, above the national average of 12.4%. Workers in Fincastle have an average one-way commute time of 27 minutes.
Education & Demographics
34.1% of Fincastle 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 0.8% White, 3.1% Hispanic or Latino, 0.0% Black or African American, and 0.6% Asian residents, with 2.5% of the population being foreign-born.
How Fincastle Ranks in Virginia
Cost of Living in Fincastle, VA
Compared to national averages, Fincastle has a median household income of $63,750 (15% below the national median of $75,149). Home values average $276,200, which is 13% above the national median. Monthly rent at $873 is 25% below the US average of $1,163. Within Virginia, Fincastle's income is 28% below the state average of $87,957, and home values are 16% below the state median of $327,514.
Why Live in Fincastle, VA?
Fincastle offers rent that’s lower than the national average at $873/month, and a strong job market with an unemployment rate of just 1.3%, and a well-educated community where 34.1% of residents hold a bachelor’s degree or higher.
Potential considerations include median household income ($63,750) that falls below the national average. However, Fincastle’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Fincastle has a population of 636 with a median age of 33.2 years. Compare Fincastle with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near Fincastle
Cities in Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Round Hill | 628 | $116,250 | $573,500 | Compare |
| Villa Heights | 647 | $26,060 | $120,000 | Compare |
| Riverview | 652 | $50,870 | $43,600 | Compare |
| Mount Sidney | 657 | $87,076 | $347,200 | Compare |
| Dahlgren Center | 658 | $99,375 | $0 | Compare |
| Onley | 612 | $55,139 | $320,300 | Compare |
| Charlotte Court House | 662 | $79,167 | $155,000 | Compare |
| Powhatan | 665 | $69,917 | $393,300 | 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 Fincastle With Other Cities
Frequently Asked Questions about Fincastle
What is the population of Fincastle, VA?
The population of Fincastle, VA is 636 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 Fincastle?
The median household income in Fincastle, VA is $63,750 per year, which is 15% below the national median of $75,149.
What is the median home value in Fincastle?
The median home value in Fincastle, VA is $276,200, which is 13% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Fincastle?
The median monthly rent in Fincastle, VA is $873, which is 25% below the national average of $1,163/month.
What is the unemployment rate in Fincastle?
The unemployment rate in Fincastle, VA is 1.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Fincastle, VA a good place to live?
Fincastle offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 636 and a median age of 33.2, the city appeals to young professionals and families.
How educated is Fincastle, VA?
34.1% of residents in Fincastle 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 Fincastle?
Key cost-of-living indicators for Fincastle, VA: median home value is $276,200 (13% above national), median rent is $873/month, and median household income is $63,750. The home-value-to-income ratio is 4.3x, a moderate figure by national standards.
What is the poverty rate in Fincastle?
The poverty rate in Fincastle, VA is 24.1%, 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 Fincastle, VA?
Fincastle's population is 0.8% White, 3.1% Hispanic or Latino, 0.0% Black or African American, 0.6% Asian, and 7.7% two or more races. 2.5% of residents are foreign-born.