Speedwell District VA Demographic Data and Boundary Map

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Speedwell District, VA

The Speedwell District is a County Subdivision of Wythe County. The subdivision has a Z1 Census Class Code which indicates that the Speedwell District is a nonfunctioning county subdivision.

Also See: Wythe County Data | Cities in Wythe County | County Subdivisions in Wythe County

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  1. Speedwell District 2021 Demographic Data
  2. Growth Rates for Speedwell District (Historical & 5-Year Forecast)
  3. Neighborhoods Demographics (Home Values, Household Income, etc.)
  4. Virginia Research Tools (Easy Tools & Current Data)
  5. Virginia Data Comparison Tool - 2021 Demographics

Speedwell District Boundary Map


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Speedwell District Data & Demographics (As of July 1, 2021)

POPULATION

Total Population 4,778 (100%)
Population in Households 4,778 (100.0%)
Population in Families 3,954 (82.8%)
Population in Group Quarters1 0
Population Density 35
Diversity Index2 12
 
 

INCOME

Median Household Income $51,099
Average Household Income $63,129
% of Income for Mortgage4 11%
Per Capita Income $26,755
Wealth Index5 61

HOUSING

Total HU (Housing Units) 2,374 (100%)
Owner Occupied HU 1,699 (71.6%)
Renter Occupied HU 326 (13.7%)
Vacant Housing Units 348 (14.7%)
Median Home Value $138,221
Average Home Value $179,547
Housing Affordability Index3 231
 

HOUSEHOLDS

Total Households 2,026
Average Household Size 2.36
Family Households 1,393
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATES

2010-2020 2020-2025
Population 0.17% -0.2%
Households 0.28% -0.13%
Families 0.14% -0.25%
Median Household Income   1.12%
Per Capita Income   2.1%
Owner Occupied HU   -0.05%

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  4. See the References & Data Sources page for more information about methodology and sources of data.

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