Verona, VA
Population 4,274 · Virginia
About Verona, VA
Verona is a small town located in Virginia with a population of 4,274 residents according to the latest US Census Bureau American Community Survey data. The median household income is $68,319 per year, which is 9% below the national median of $75,149. The median age of 42.6 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 Verona features a median home value of $231,300, which is 6% below the national median of $244,900. This positions Verona in a moderately priced market relative to the rest of the country. Median monthly rent is $1,011, 13% below the national average of $1,163/month. Of the 1,737 total housing units, 77% are owner-occupied (1,211 units) and 23% are renter-occupied (372 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Verona shows an unemployment rate of 1.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 5.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Verona have an average one-way commute time of 17 minutes, one of the shorter commutes in the region.
Education & Demographics
19.0% of Verona 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 0.2% White, 0.3% Hispanic or Latino, 0.2% Black or African American, and 0.9% Asian residents, with 2.4% of the population being foreign-born.
How Verona Ranks in Virginia
Cost of Living in Verona, VA
Compared to national averages, Verona has a median household income of $68,319 (9% below the national median of $75,149). Home values average $231,300, which is 6% below the national median. Monthly rent at $1,011 is 13% below the US average of $1,163. Within Virginia, Verona's income is 22% below the state average of $87,957, and home values are 29% below the state median of $327,514.
Why Live in Verona, VA?
Verona offers affordable housing with a median home value of $231,300, below the US average of $244,900, and rent that’s lower than the national average at $1,011/month, and a strong job market with an unemployment rate of just 1.0%. Additionally, the city features a low poverty rate of 5.0%, better than the national average, and short commute times averaging just 17 minutes.
Potential considerations include median household income ($68,319) that falls below the national average. However, Verona’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Verona has a population of 4,274 with a median age of 42.6 years. Compare Verona with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near Verona
Cities in Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hayfield | 4,252 | $192,813 | $653,700 | Compare |
| County Center | 4,233 | $180,825 | $550,000 | Compare |
| Mount Hermon | 4,326 | $82,986 | $191,400 | Compare |
| Broadway | 4,221 | $61,685 | $264,900 | Compare |
| Pantops | 4,328 | $114,107 | $497,000 | Compare |
| Kings Park | 4,206 | $171,436 | $623,700 | Compare |
| Union Mill | 4,351 | $245,265 | $942,400 | Compare |
| Tazewell | 4,419 | $35,392 | $110,400 | 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 Verona With Other Cities
Frequently Asked Questions about Verona
What is the population of Verona, VA?
The population of Verona, VA is 4,274 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 Verona?
The median household income in Verona, VA is $68,319 per year, which is 9% below the national median of $75,149.
What is the median home value in Verona?
The median home value in Verona, VA is $231,300, which is 6% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Verona?
The median monthly rent in Verona, VA is $1,011, which is 13% below the national average of $1,163/month.
What is the unemployment rate in Verona?
The unemployment rate in Verona, VA is 1.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Verona, VA a good place to live?
Verona offers a moderate cost of living, affordable housing, and a strong job market. With a population of 4,274 and a median age of 42.6, the city appeals to a broad range of residents.
How educated is Verona, VA?
19.0% of residents in Verona 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 Verona?
Key cost-of-living indicators for Verona, VA: median home value is $231,300 (6% below national), median rent is $1,011/month, and median household income is $68,319. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Verona?
The poverty rate in Verona, VA is 5.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Verona, VA?
Verona's population is 0.2% White, 0.3% Hispanic or Latino, 0.2% Black or African American, 0.9% Asian, and 7.4% two or more races. 2.4% of residents are foreign-born.