Pearisburg, VA
Population 2,864 · Virginia
About Pearisburg, VA
Pearisburg is a small town located in Virginia with a population of 2,864 residents according to the latest US Census Bureau American Community Survey data. The median household income is $72,924 per year, which is 3% below the national median of $75,149. The median age of 48.3 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 Pearisburg features a median home value of $160,200, which is 35% below the national median of $244,900. This positions Pearisburg in a moderately priced market relative to the rest of the country. Median monthly rent is $815, 30% below the national average of $1,163/month. Of the 1,418 total housing units, 71% are owner-occupied (878 units) and 29% are renter-occupied (362 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Pearisburg shows an unemployment rate of 4.5%, which is near the national rate of 3.7%. The poverty rate stands at 11.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Pearisburg have an average one-way commute time of 24.3 minutes.
Education & Demographics
13.8% of Pearisburg 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, 0.6% Hispanic or Latino, 0.4% Black or African American, and 0.0% Asian residents, with 2.7% of the population being foreign-born.
Cost of Living in Pearisburg, VA
Compared to national averages, Pearisburg has a median household income of $72,924 (3% below the national median of $75,149). Home values average $160,200, which is 35% below the national median. Monthly rent at $815 is 30% below the US average of $1,163. Within Virginia, Pearisburg's income is 17% below the state average of $87,957, and home values are 51% below the state median of $327,514.
Why Live in Pearisburg, VA?
Pearisburg offers affordable housing with a median home value of $160,200, below the US average of $244,900, and rent that’s lower than the national average at $815/month, and a low poverty rate of 11.2%, better than the national average. Additionally, the city features short commute times averaging just 24.3 minutes.
Potential considerations include median household income ($72,924) that falls below the national average. However, Pearisburg’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Pearisburg has a population of 2,864 with a median age of 48.3 years. Compare Pearisburg with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near Pearisburg
Cities in Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hillsville | 2,869 | $62,861 | $132,600 | Compare |
| Arcola | 2,858 | $133,992 | $602,700 | Compare |
| Windsor | 2,808 | $65,321 | $248,200 | Compare |
| Grottoes | 2,926 | $84,508 | $267,500 | Compare |
| Crewe | 2,795 | $60,214 | $135,800 | Compare |
| Wise | 2,940 | $44,234 | $118,100 | Compare |
| Merrimac | 2,955 | $55,202 | $73,400 | Compare |
| Elkton | 2,973 | $61,385 | $232,300 | 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 Pearisburg With Other Cities
Frequently Asked Questions about Pearisburg
What is the population of Pearisburg, VA?
The population of Pearisburg, VA is 2,864 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 Pearisburg?
The median household income in Pearisburg, VA is $72,924 per year, which is 3% below the national median of $75,149.
What is the median home value in Pearisburg?
The median home value in Pearisburg, VA is $160,200, which is 35% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Pearisburg?
The median monthly rent in Pearisburg, VA is $815, which is 30% below the national average of $1,163/month.
What is the unemployment rate in Pearisburg?
The unemployment rate in Pearisburg, VA is 4.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Pearisburg, VA a good place to live?
Pearisburg offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 2,864 and a median age of 48.3, the city appeals to established professionals and retirees.
How educated is Pearisburg, VA?
13.8% of residents in Pearisburg 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 Pearisburg?
Key cost-of-living indicators for Pearisburg, VA: median home value is $160,200 (35% below national), median rent is $815/month, and median household income is $72,924. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Pearisburg?
The poverty rate in Pearisburg, VA is 11.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Pearisburg, VA?
Pearisburg's population is 0.0% White, 0.6% Hispanic or Latino, 0.4% Black or African American, 0.0% Asian, and 8.8% two or more races. 2.7% of residents are foreign-born.