Hollymead, VA Profile: Facts & Data

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Hollymead, Virginia - Basic Facts

The Hollymead Census Designated Place had a population of 8,284 as of July 1, 2019.

The primary coordinate point for Hollymead is located at latitude 38.1171 and longitude -78.4417 in Albemarle County. The formal boundaries for the Hollymead Census Designated Place encompass a land area of 6.46 sq. miles and a water area of 0.07 sq. miles. Albemarle County is in the Eastern time zone (GMT -5). The elevation is 499 feet.

The Hollymead Census Designated Place (GNIS ID: 2584858) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.


Jump to... (On This Page!)
  1. Hollymead 2019 Demographic Data
  2. Growth Rates for Hollymead (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

Hollymead, VA - Most Popular Things to Do

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

HOUSING AFFORDABILITY INDEX

Hollymead, VA Housing Affordability Index is 143
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

Hollymead, VA Wealth Index is 118
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.

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POPULATION

Total Population 8,284
Population in Households 8,219
Population in Familes 7,077
Population in Group Qrtrs 65
Population Density 1,283
Diversity Index1 39
 

INCOME

Median Household Income $92,340
Average Household Income $106,244
Per Capita Income $39,826
Wealth Index3 118

HOUSING

Total Housing Units 3,286 (100%)
Owner Occupied HU 2,181 (66.4%)
Renter Occupied HU 911 (27.7%)
Vacant Housing Units 194 ( 5.9%)
Median Home Value $329,273
Housing Affordability Index2 143
 

HOUSEHOLDS

Total Households 3,092
Average Household Size 2.66
Family Households 2,236
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 0.81% 0.94%
Households 0.87% 0.95%
Families 0.8% 0.9%
Median Household Income   1.84%
Per Capita Income   2.43%

Hollymead, VA - Peer Comparisons by Rank and Percentile

The table below compares Hollymead 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 # 144 76th
Population Density # 198 67th
Diversity Index # 356 40th
Median Household Income # 115 81st
Per Capita Income # 141 76th

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

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