Chincoteague, VA Profile: Facts & Data

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Chincoteague, Virginia - Basic Facts

The Town of Chincoteague had a population of 2,792 as of July 1, 2019. Chincoteague ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Virginia. See peer rankings below.

The primary coordinate point for Chincoteague is located at latitude 37.9332 and longitude -75.3788 in Accomack County. The formal boundaries for the Town of Chincoteague encompass a land area of 9.12 sq. miles and a water area of 28.21 sq. miles. Accomack County is in the Eastern time zone (GMT -5). The elevation is 3 feet.

The Town of Chincoteague (GNIS ID: 2390792) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Alternate Unofficial Names for Chincoteague: Chincoteague Island.

Jump to... (On This Page!)
  1. Chincoteague 2019 Demographic Data
  2. Growth Rates for Chincoteague (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Virginia Research Tools (Easy Tools & Current Data)
  3. Virginia Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Chincoteague, VA Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Chincoteague, VA Housing Affordability Index is 102
State of Virginia Housing Affordability Index is 126
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.

WEALTH INDEX

Chincoteague, VA Wealth Index is 97
State of Virginia Wealth Index is 124
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.

These new demographic attributes are availiable for cities, Counties / Independent Cities, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Virginia address.

See our:

  1. New 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  2. References & Data Sources page for more information about methodology and sources of data.

POPULATION

Total Population 2,792
Population in Households 2,776
Population in Familes 2,108
Population in Group Qrtrs 16
Population Density 302
Diversity Index1 14
 

INCOME

Median Household Income $51,353
Average Household Income $72,808
Per Capita Income $35,263
Wealth Index3 97

HOUSING

Total Housing Units 4,517 (100%)
Owner Occupied HU 975 (21.6%)
Renter Occupied HU 377 ( 8.3%)
Vacant Housing Units 3,165 (70.1%)
Median Home Value $271,009
Housing Affordability Index2 102
 

HOUSEHOLDS

Total Households 1,352
Average Household Size 2.05
Family Households 818
Average Family Size 3
NOTES
  1. 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 race 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.
  2. 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.
  3. 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 RATE / YEAR

2010-2019 2019-2024
Population -0.56% -0.68%
Households -0.51% -0.66%
Families -0.63% -0.74%
Median Household Income   3.39%
Per Capita Income   3.63%

Chincoteague, VA - Peer Comparisons by Rank and Percentile

The table below compares Chincoteague to the other 593 incorporated cities, towns and CDPs in Virginia by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 236 60th
Population Density # 435 27th
Diversity Index # 516 13th
Median Household Income # 323 46th
Per Capita Income # 194 67th

Additional comparisons and rankings can be made with a VERY EASY TO USE Virginia Census Data Comparison Tool.

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