Ravensworth, VA
Population 2,566 · Virginia
About Ravensworth, VA
Ravensworth is a small town located in Virginia with a population of 2,566 residents according to the latest US Census Bureau American Community Survey data. The median household income is $163,281 per year, which is 117% above the national median of $75,149. The median age of 40.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Ravensworth features a median home value of $668,600, which is 173% above the national median of $244,900. This places Ravensworth in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,467, 112% above the national average of $1,163/month. Of the 901 total housing units, 84% are owner-occupied (691 units) and 16% are renter-occupied (129 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Ravensworth shows an unemployment rate of 5.2%, which is near the national rate of 3.7%. The poverty rate stands at 0.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Ravensworth have an average one-way commute time of 27.7 minutes.
Education & Demographics
53.3% of Ravensworth 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 2.9% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 4.7% Asian residents, with 18.2% of the population being foreign-born.
Cost of Living in Ravensworth, VA
Compared to national averages, Ravensworth has a median household income of $163,281 (117% above the national median of $75,149). Home values average $668,600, which is 173% above the national median. Monthly rent at $2,467 is 112% above the US average of $1,163. Within Virginia, Ravensworth's income is 86% above the state average of $87,957, and home values are 104% above the state median of $327,514.
Why Live in Ravensworth, VA?
Ravensworth offers a strong local economy with a median household income of $163,281, well above the national average, and a well-educated community where 53.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 0.0%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $668,600. However, Ravensworth’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ravensworth has a population of 2,566 with a median age of 40.5 years. Compare Ravensworth with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near Ravensworth
Cities in Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Fairlawn | 2,555 | $67,549 | $257,000 | Compare |
| Chase City | 2,530 | $51,840 | $115,400 | Compare |
| Goose Creek Village | 2,519 | $209,042 | $588,100 | Compare |
| Waverly | 2,629 | $71,154 | $135,300 | Compare |
| Shawneeland | 2,653 | $98,167 | $238,500 | Compare |
| Piney Mountain | 2,478 | $129,120 | $284,000 | Compare |
| Sully Square | 2,668 | $210,746 | $709,400 | Compare |
| Chilhowie | 2,462 | $53,250 | $158,600 | 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 Ravensworth With Other Cities
Frequently Asked Questions about Ravensworth
What is the population of Ravensworth, VA?
The population of Ravensworth, VA is 2,566 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 Ravensworth?
The median household income in Ravensworth, VA is $163,281 per year, which is 117% above the national median of $75,149.
What is the median home value in Ravensworth?
The median home value in Ravensworth, VA is $668,600, which is 173% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ravensworth?
The median monthly rent in Ravensworth, VA is $2,467, which is 112% above the national average of $1,163/month.
What is the unemployment rate in Ravensworth?
The unemployment rate in Ravensworth, VA is 5.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Ravensworth, VA a good place to live?
Ravensworth offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 2,566 and a median age of 40.5, the city appeals to a broad range of residents.
How educated is Ravensworth, VA?
53.3% of residents in Ravensworth 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 Ravensworth?
Key cost-of-living indicators for Ravensworth, VA: median home value is $668,600 (173% above national), median rent is $2,467/month, and median household income is $163,281. The home-value-to-income ratio is 4.1x, a moderate figure by national standards.
What is the poverty rate in Ravensworth?
The poverty rate in Ravensworth, VA is 0.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Ravensworth, VA?
Ravensworth's population is 2.9% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 4.7% Asian, and 0.0% two or more races. 18.2% of residents are foreign-born.