Nickelsville, VA
Population 397 · Virginia
About Nickelsville, VA
Nickelsville is a small community located in Virginia with a population of 397 residents according to the latest US Census Bureau American Community Survey data. The median household income is $37,857 per year, which is 50% below the national median of $75,149. The median age of 49.9 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 Nickelsville features a median home value of $187,500, which is 23% below the national median of $244,900. This positions Nickelsville in a moderately priced market relative to the rest of the country. Median monthly rent is $733, 37% below the national average of $1,163/month. Of the 228 total housing units, 65% are owner-occupied (119 units) and 35% are renter-occupied (65 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Nickelsville shows an unemployment rate of 16.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 17.9%, above the national average of 12.4%. Workers in Nickelsville have an average one-way commute time of 39.5 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
10.2% of Nickelsville 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 2.3% White, 1.8% Hispanic or Latino, 0.0% Black or African American, and 4.8% Asian residents, with 1.8% of the population being foreign-born.
Cost of Living in Nickelsville, VA
Compared to national averages, Nickelsville has a median household income of $37,857 (50% below the national median of $75,149). Home values average $187,500, which is 23% below the national median. Monthly rent at $733 is 37% below the US average of $1,163. Within Virginia, Nickelsville's income is 57% below the state average of $87,957, and home values are 43% below the state median of $327,514.
Why Live in Nickelsville, VA?
Nickelsville offers affordable housing with a median home value of $187,500, below the US average of $244,900, and rent that’s lower than the national average at $733/month.
Potential considerations include median household income ($37,857) that falls below the national average. However, Nickelsville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Nickelsville has a population of 397 with a median age of 49.9 years. Compare Nickelsville with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near Nickelsville
Cities in Virginia with a similar population size.
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 Nickelsville With Other Cities
Frequently Asked Questions about Nickelsville
What is the population of Nickelsville, VA?
The population of Nickelsville, VA is 397 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 Nickelsville?
The median household income in Nickelsville, VA is $37,857 per year, which is 50% below the national median of $75,149.
What is the median home value in Nickelsville?
The median home value in Nickelsville, VA is $187,500, which is 23% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Nickelsville?
The median monthly rent in Nickelsville, VA is $733, which is 37% below the national average of $1,163/month.
What is the unemployment rate in Nickelsville?
The unemployment rate in Nickelsville, VA is 16.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Nickelsville, VA a good place to live?
Nickelsville offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 397 and a median age of 49.9, the city appeals to established professionals and retirees.
How educated is Nickelsville, VA?
10.2% of residents in Nickelsville 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 Nickelsville?
Key cost-of-living indicators for Nickelsville, VA: median home value is $187,500 (23% below national), median rent is $733/month, and median household income is $37,857. The home-value-to-income ratio is 5.0x, a moderate figure by national standards.
What is the poverty rate in Nickelsville?
The poverty rate in Nickelsville, VA is 17.9%, 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 Nickelsville, VA?
Nickelsville's population is 2.3% White, 1.8% Hispanic or Latino, 0.0% Black or African American, 4.8% Asian, and 0.0% two or more races. 1.8% of residents are foreign-born.