Ivy, VA
Population 744 · Virginia
About Ivy, VA
Ivy is a small community located in Virginia with a population of 744 residents according to the latest US Census Bureau American Community Survey data. The median household income is $184,425 per year, which is 145% above the national median of $75,149. The median age of 60.9 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 Ivy features a median home value of $630,000, which is 157% above the national median of $244,900. This places Ivy in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 422 total housing units, 100% are owner-occupied (422 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Ivy shows an unemployment rate of 18.4%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 2.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Ivy have an average one-way commute time of 31.5 minutes.
Education & Demographics
96.4% of Ivy 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 0.0% White, 3.4% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 9.8% of the population being foreign-born.
How Ivy Ranks in Virginia
Cost of Living in Ivy, VA
Compared to national averages, Ivy has a median household income of $184,425 (145% above the national median of $75,149). Home values average $630,000, which is 157% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Virginia, Ivy's income is 110% above the state average of $87,957, and home values are 92% above the state median of $327,514.
Why Live in Ivy, VA?
Ivy offers a strong local economy with a median household income of $184,425, well above the national average, and rent that’s lower than the national average at $0/month, and a well-educated community where 96.4% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 2.7%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $630,000. However, Ivy’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ivy has a population of 744 with a median age of 60.9 years. Compare Ivy with other cities to see how it stacks up, or explore all cities in Virginia.
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Cities in Virginia with a similar population size.
Demographics
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Economy & Education
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Other Cities in Virginia
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Ivy
What is the population of Ivy, VA?
The population of Ivy, VA is 744 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 Ivy?
The median household income in Ivy, VA is $184,425 per year, which is 145% above the national median of $75,149.
What is the median home value in Ivy?
The median home value in Ivy, VA is $630,000, which is 157% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ivy?
The median monthly rent in Ivy, VA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Ivy?
The unemployment rate in Ivy, VA is 18.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Ivy, VA a good place to live?
Ivy offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 744 and a median age of 60.9, the city appeals to established professionals and retirees.
How educated is Ivy, VA?
96.4% of residents in Ivy 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 Ivy?
Key cost-of-living indicators for Ivy, VA: median home value is $630,000 (157% above national), median rent is $0/month, and median household income is $184,425. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Ivy?
The poverty rate in Ivy, VA is 2.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Ivy, VA?
Ivy's population is 0.0% White, 3.4% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 9.8% of residents are foreign-born.