Union Mill, VA
Population 4,351 · Virginia
About Union Mill, VA
Union Mill is a small town located in Virginia with a population of 4,351 residents according to the latest US Census Bureau American Community Survey data. The median household income is $245,265 per year, which is 226% above the national median of $75,149. The median age of 45.2 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 Union Mill features a median home value of $942,400, which is 285% above the national median of $244,900. This places Union Mill in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,581, 122% above the national average of $1,163/month. Of the 1,411 total housing units, 93% are owner-occupied (1,290 units) and 7% are renter-occupied (97 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Union Mill shows an unemployment rate of 1.7%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Union Mill have an average one-way commute time of 34.2 minutes.
Education & Demographics
73.7% of Union Mill 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 0.4% White, 0.7% Hispanic or Latino, 0.6% Black or African American, and 5.4% Asian residents, with 31.6% of the population being foreign-born.
How Union Mill Ranks in Virginia
Cost of Living in Union Mill, VA
Compared to national averages, Union Mill has a median household income of $245,265 (226% above the national median of $75,149). Home values average $942,400, which is 285% above the national median. Monthly rent at $2,581 is 122% above the US average of $1,163. Within Virginia, Union Mill's income is 179% above the state average of $87,957, and home values are 188% above the state median of $327,514.
Why Live in Union Mill, VA?
Union Mill offers a strong local economy with a median household income of $245,265, well above the national average, and a strong job market with an unemployment rate of just 1.7%, and a well-educated community where 73.7% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 4.1%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $942,400. However, Union Mill’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Union Mill has a population of 4,351 with a median age of 45.2 years. Compare Union Mill with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near Union Mill
Cities in Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Pantops | 4,328 | $114,107 | $497,000 | Compare |
| Mount Hermon | 4,326 | $82,986 | $191,400 | Compare |
| Tazewell | 4,419 | $35,392 | $110,400 | Compare |
| Verona | 4,274 | $68,319 | $231,300 | Compare |
| Hayfield | 4,252 | $192,813 | $653,700 | Compare |
| Loch Lomond | 4,460 | $109,873 | $412,900 | Compare |
| County Center | 4,233 | $180,825 | $550,000 | Compare |
| Broadway | 4,221 | $61,685 | $264,900 | 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 Union Mill With Other Cities
Frequently Asked Questions about Union Mill
What is the population of Union Mill, VA?
The population of Union Mill, VA is 4,351 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 Union Mill?
The median household income in Union Mill, VA is $245,265 per year, which is 226% above the national median of $75,149.
What is the median home value in Union Mill?
The median home value in Union Mill, VA is $942,400, which is 285% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Union Mill?
The median monthly rent in Union Mill, VA is $2,581, which is 122% above the national average of $1,163/month.
What is the unemployment rate in Union Mill?
The unemployment rate in Union Mill, VA is 1.7%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Union Mill, VA a good place to live?
Union Mill offers above-average incomes, a competitive housing market, and a strong job market. With a population of 4,351 and a median age of 45.2, the city appeals to established professionals and retirees.
How educated is Union Mill, VA?
73.7% of residents in Union Mill 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 Union Mill?
Key cost-of-living indicators for Union Mill, VA: median home value is $942,400 (285% above national), median rent is $2,581/month, and median household income is $245,265. The home-value-to-income ratio is 3.8x, a moderate figure by national standards.
What is the poverty rate in Union Mill?
The poverty rate in Union Mill, VA is 4.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Union Mill, VA?
Union Mill's population is 0.4% White, 0.7% Hispanic or Latino, 0.6% Black or African American, 5.4% Asian, and 0.9% two or more races. 31.6% of residents are foreign-born.