Mount Vernon, VA
Population 13,120 · Virginia
About Mount Vernon, VA
Mount Vernon is a mid-sized city located in Virginia with a population of 13,120 residents according to the latest US Census Bureau American Community Survey data. The median household income is $156,875 per year, which is 109% above the national median of $75,149. The median age of 44 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 Mount Vernon features a median home value of $779,800, which is 218% above the national median of $244,900. This places Mount Vernon in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,643, 41% above the national average of $1,163/month. Of the 5,005 total housing units, 73% are owner-occupied (3,569 units) and 27% are renter-occupied (1,294 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Mount Vernon shows an unemployment rate of 3.7%, which is near the national rate of 3.7%. The poverty rate stands at 7.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Mount Vernon have an average one-way commute time of 30.6 minutes.
Education & Demographics
63.8% of Mount Vernon 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 3.9% White, 1.3% Hispanic or Latino, 1.7% Black or African American, and 12.6% Asian residents, with 20.0% of the population being foreign-born.
Cost of Living in Mount Vernon, VA
Compared to national averages, Mount Vernon has a median household income of $156,875 (109% above the national median of $75,149). Home values average $779,800, which is 218% above the national median. Monthly rent at $1,643 is 41% above the US average of $1,163. Within Virginia, Mount Vernon's income is 78% above the state average of $87,957, and home values are 138% above the state median of $327,514.
Why Live in Mount Vernon, VA?
Mount Vernon offers a strong local economy with a median household income of $156,875, well above the national average, and a well-educated community where 63.8% of residents hold a bachelor’s degree or higher, and a low poverty rate of 7.5%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $779,800. However, Mount Vernon’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Mount Vernon has a population of 13,120 with a median age of 44 years. Compare Mount Vernon with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near Mount Vernon
Cities in Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Huntington | 13,250 | $99,580 | $536,200 | Compare |
| Kings Park West | 13,281 | $162,007 | $679,700 | Compare |
| Sugarland Run | 12,920 | $158,977 | $552,700 | Compare |
| Lakeside | 12,845 | $69,695 | $271,400 | Compare |
| Timberlake | 12,833 | $68,833 | $228,200 | Compare |
| Groveton | 13,563 | $109,665 | $568,900 | Compare |
| Martinsville | 13,584 | $42,434 | $92,500 | Compare |
| Lansdowne | 12,603 | $180,379 | $753,600 | 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 Mount Vernon With Other Cities
Frequently Asked Questions about Mount Vernon
What is the population of Mount Vernon, VA?
The population of Mount Vernon, VA is 13,120 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Virginia.
What is the median household income in Mount Vernon?
The median household income in Mount Vernon, VA is $156,875 per year, which is 109% above the national median of $75,149.
What is the median home value in Mount Vernon?
The median home value in Mount Vernon, VA is $779,800, which is 218% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Mount Vernon?
The median monthly rent in Mount Vernon, VA is $1,643, which is 41% above the national average of $1,163/month.
What is the unemployment rate in Mount Vernon?
The unemployment rate in Mount Vernon, VA is 3.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Mount Vernon, VA a good place to live?
Mount Vernon offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 13,120 and a median age of 44, the city appeals to a broad range of residents.
How educated is Mount Vernon, VA?
63.8% of residents in Mount Vernon 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 Mount Vernon?
Key cost-of-living indicators for Mount Vernon, VA: median home value is $779,800 (218% above national), median rent is $1,643/month, and median household income is $156,875. The home-value-to-income ratio is 5.0x, a moderate figure by national standards.
What is the poverty rate in Mount Vernon?
The poverty rate in Mount Vernon, VA is 7.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Mount Vernon, VA?
Mount Vernon's population is 3.9% White, 1.3% Hispanic or Latino, 1.7% Black or African American, 12.6% Asian, and 16.5% two or more races. 20.0% of residents are foreign-born.