Round Hill, VA
Population 628 · Virginia
About Round Hill, VA
Round Hill is a small community located in Virginia with a population of 628 residents according to the latest US Census Bureau American Community Survey data. The median household income is $116,250 per year, which is 55% above the national median of $75,149. The median age of 41.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Round Hill features a median home value of $573,500, which is 134% above the national median of $244,900. This places Round Hill in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,340, 15% above the national average of $1,163/month. Of the 272 total housing units, 70% are owner-occupied (184 units) and 30% are renter-occupied (80 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Round Hill shows an unemployment rate of 3.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Round Hill have an average one-way commute time of 32.6 minutes.
Education & Demographics
56.2% of Round Hill 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 1.9% White, 0.6% Hispanic or Latino, 4.1% Black or African American, and 3.8% Asian residents, with 3.3% of the population being foreign-born.
Cost of Living in Round Hill, VA
Compared to national averages, Round Hill has a median household income of $116,250 (55% above the national median of $75,149). Home values average $573,500, which is 134% above the national median. Monthly rent at $1,340 is 15% above the US average of $1,163. Within Virginia, Round Hill's income is 32% above the state average of $87,957, and home values are 75% above the state median of $327,514.
Why Live in Round Hill, VA?
Round Hill offers a strong local economy with a median household income of $116,250, well above the national average, and a strong job market with an unemployment rate of just 3.2%, and a well-educated community where 56.2% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 3.2%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $573,500. However, Round Hill’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Round Hill has a population of 628 with a median age of 41.7 years. Compare Round Hill with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near Round Hill
Cities in Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Fincastle | 636 | $63,750 | $276,200 | Compare |
| Onley | 612 | $55,139 | $320,300 | Compare |
| Villa Heights | 647 | $26,060 | $120,000 | Compare |
| Skyland Estates | 607 | $94,375 | $279,800 | Compare |
| Hamilton | 604 | $128,750 | $513,000 | Compare |
| Riverview | 652 | $50,870 | $43,600 | Compare |
| Kincora | 600 | $114,618 | $535,200 | Compare |
| Mineral | 599 | $64,500 | $226,100 | 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 Round Hill With Other Cities
Frequently Asked Questions about Round Hill
What is the population of Round Hill, VA?
The population of Round Hill, VA is 628 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 Round Hill?
The median household income in Round Hill, VA is $116,250 per year, which is 55% above the national median of $75,149.
What is the median home value in Round Hill?
The median home value in Round Hill, VA is $573,500, which is 134% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Round Hill?
The median monthly rent in Round Hill, VA is $1,340, which is 15% above the national average of $1,163/month.
What is the unemployment rate in Round Hill?
The unemployment rate in Round Hill, VA is 3.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Round Hill, VA a good place to live?
Round Hill offers above-average incomes, a competitive housing market, and a strong job market. With a population of 628 and a median age of 41.7, the city appeals to a broad range of residents.
How educated is Round Hill, VA?
56.2% of residents in Round Hill 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 Round Hill?
Key cost-of-living indicators for Round Hill, VA: median home value is $573,500 (134% above national), median rent is $1,340/month, and median household income is $116,250. The home-value-to-income ratio is 4.9x, a moderate figure by national standards.
What is the poverty rate in Round Hill?
The poverty rate in Round Hill, VA is 3.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Round Hill, VA?
Round Hill's population is 1.9% White, 0.6% Hispanic or Latino, 4.1% Black or African American, 3.8% Asian, and 1.6% two or more races. 3.3% of residents are foreign-born.