Parrott, VA
Population 414 · Virginia
About Parrott, VA
Parrott is a small community located in Virginia with a population of 414 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 38 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Parrott features a median home value of $82,400, which is 66% below the national median of $244,900. This makes Parrott 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 212 total housing units, 76% are owner-occupied (128 units) and 24% are renter-occupied (41 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Parrott shows an unemployment rate of 11.4%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 19.8%, above the national average of 12.4%. Workers in Parrott have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
9.8% of Parrott 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 1.2% of the population being foreign-born.
How Parrott Ranks in Virginia
Cost of Living in Parrott, VA
Compared to national averages, Parrott has a median household income of $0 (100% below the national median of $75,149). Home values average $82,400, which is 66% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Virginia, Parrott's income is 100% below the state average of $87,957, and home values are 75% below the state median of $327,514.
Why Live in Parrott, VA?
Parrott offers affordable housing with a median home value of $82,400, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and short commute times averaging just 0 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, Parrott’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Parrott has a population of 414 with a median age of 38 years. Compare Parrott with other cities to see how it stacks up, or explore all cities in Virginia.
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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 Parrott
What is the population of Parrott, VA?
The population of Parrott, VA is 414 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 Parrott?
The median household income in Parrott, VA is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Parrott?
The median home value in Parrott, VA is $82,400, which is 66% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Parrott?
The median monthly rent in Parrott, VA is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Parrott?
The unemployment rate in Parrott, VA is 11.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Parrott, VA a good place to live?
Parrott offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 414 and a median age of 38, the city appeals to a broad range of residents.
How educated is Parrott, VA?
9.8% of residents in Parrott 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 Parrott?
Key cost-of-living indicators for Parrott, VA: median home value is $82,400 (66% below national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is Infinityx, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Parrott?
The poverty rate in Parrott, VA is 19.8%, 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 Parrott, VA?
Parrott's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 1.2% of residents are foreign-born.