Hollymead, VA
Population 8,566 · Virginia
About Hollymead, VA
Hollymead is a small town located in Virginia with a population of 8,566 residents according to the latest US Census Bureau American Community Survey data. The median household income is $121,795 per year, which is 62% above the national median of $75,149. The median age of 39.1 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Hollymead features a median home value of $413,700, which is 69% above the national median of $244,900. This places Hollymead in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,995, 72% above the national average of $1,163/month. Of the 3,275 total housing units, 83% are owner-occupied (2,694 units) and 17% are renter-occupied (560 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Hollymead shows an unemployment rate of 2.9%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Hollymead have an average one-way commute time of 25.5 minutes.
Education & Demographics
58.1% of Hollymead residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 1.5% White, 0.7% Hispanic or Latino, 3.6% Black or African American, and 1.9% Asian residents, with 8.9% of the population being foreign-born.
Cost of Living in Hollymead, VA
Compared to national averages, Hollymead has a median household income of $121,795 (62% above the national median of $75,149). Home values average $413,700, which is 69% above the national median. Monthly rent at $1,995 is 72% above the US average of $1,163. Within Virginia, Hollymead's income is 38% above the state average of $87,957, and home values are 26% above the state median of $327,514.
Why Live in Hollymead, VA?
Hollymead offers a strong local economy with a median household income of $121,795, well above the national average, and a strong job market with an unemployment rate of just 2.9%, and a well-educated community where 58.1% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 4.7%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $413,700. However, Hollymead’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Hollymead has a population of 8,566 with a median age of 39.1 years. Compare Hollymead with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near Hollymead
Cities in Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Innsbrook | 8,559 | $130,534 | $445,600 | Compare |
| Fair Lakes | 8,617 | $130,789 | $575,500 | Compare |
| Montrose | 8,624 | $45,063 | $170,000 | Compare |
| Bellwood | 8,489 | $50,172 | $192,600 | Compare |
| Dumbarton | 8,407 | $59,085 | $274,700 | Compare |
| Smithfield | 8,729 | $110,182 | $358,100 | Compare |
| Dunn Loring | 8,782 | $236,563 | $935,000 | Compare |
| Abingdon | 8,332 | $54,976 | $217,700 | 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 Hollymead With Other Cities
Frequently Asked Questions about Hollymead
What is the population of Hollymead, VA?
The population of Hollymead, VA is 8,566 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 Hollymead?
The median household income in Hollymead, VA is $121,795 per year, which is 62% above the national median of $75,149.
What is the median home value in Hollymead?
The median home value in Hollymead, VA is $413,700, which is 69% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Hollymead?
The median monthly rent in Hollymead, VA is $1,995, which is 72% above the national average of $1,163/month.
What is the unemployment rate in Hollymead?
The unemployment rate in Hollymead, VA is 2.9%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Hollymead, VA a good place to live?
Hollymead offers above-average incomes, a competitive housing market, and a strong job market. With a population of 8,566 and a median age of 39.1, the city appeals to a broad range of residents.
How educated is Hollymead, VA?
58.1% of residents in Hollymead 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 Hollymead?
Key cost-of-living indicators for Hollymead, VA: median home value is $413,700 (69% above national), median rent is $1,995/month, and median household income is $121,795. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Hollymead?
The poverty rate in Hollymead, VA is 4.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Hollymead, VA?
Hollymead's population is 1.5% White, 0.7% Hispanic or Latino, 3.6% Black or African American, 1.9% Asian, and 7.0% two or more races. 8.9% of residents are foreign-born.