Gratton, VA
Population 797 · Virginia
About Gratton, VA
Gratton is a small community located in Virginia with a population of 797 residents according to the latest US Census Bureau American Community Survey data. The median household income is $111,875 per year, which is 49% above the national median of $75,149. The median age of 55.2 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 Gratton features a median home value of $111,000, which is 55% below the national median of $244,900. This makes Gratton 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 328 total housing units, 100% are owner-occupied (269 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Gratton 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 15.3%, above the national average of 12.4%. Workers in Gratton have an average one-way commute time of 17.6 minutes, one of the shorter commutes in the region.
Education & Demographics
8.7% of Gratton 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 0.0% of the population being foreign-born.
Cost of Living in Gratton, VA
Compared to national averages, Gratton has a median household income of $111,875 (49% above the national median of $75,149). Home values average $111,000, which is 55% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Virginia, Gratton's income is 27% above the state average of $87,957, and home values are 66% below the state median of $327,514.
Why Live in Gratton, VA?
Gratton offers a strong local economy with a median household income of $111,875, well above the national average, and affordable housing with a median home value of $111,000, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and short commute times averaging just 17.6 minutes.
Gratton has a population of 797 with a median age of 55.2 years. Compare Gratton with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near Gratton
Cities in Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Fieldale | 797 | $43,450 | $65,000 | Compare |
| Middleburg | 793 | $115,724 | $707,800 | Compare |
| East Stone Gap | 792 | $0 | $113,800 | Compare |
| Pastoria | 789 | $45,809 | $117,300 | Compare |
| Opal | 784 | $207,708 | $582,000 | Compare |
| Remington | 811 | $63,636 | $323,700 | Compare |
| Shenandoah Shores | 783 | $92,813 | $282,000 | Compare |
| Grundy | 782 | $42,417 | $187,000 | 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 Gratton With Other Cities
Frequently Asked Questions about Gratton
What is the population of Gratton, VA?
The population of Gratton, VA is 797 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 Gratton?
The median household income in Gratton, VA is $111,875 per year, which is 49% above the national median of $75,149.
What is the median home value in Gratton?
The median home value in Gratton, VA is $111,000, which is 55% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Gratton?
The median monthly rent in Gratton, VA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Gratton?
The unemployment rate in Gratton, 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 Gratton, VA a good place to live?
Gratton offers above-average incomes, affordable housing, and a strong job market. With a population of 797 and a median age of 55.2, the city appeals to established professionals and retirees.
How educated is Gratton, VA?
8.7% of residents in Gratton 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 Gratton?
Key cost-of-living indicators for Gratton, VA: median home value is $111,000 (55% below national), median rent is $0/month, and median household income is $111,875. The home-value-to-income ratio is 1.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Gratton?
The poverty rate in Gratton, VA is 15.3%, 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 Gratton, VA?
Gratton's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 7.4% two or more races. 0.0% of residents are foreign-born.