Piney Mountain CDP, VA Profile: Facts & Data

The Piney Mountain Census Designated Place had a population of 1,311 as of July 1, 2020.

The Piney Mountain Census Designated Place (GNIS ID: 2584902) has a U2 Census Class Code which indicates a census designated place without an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

Piney Mountain CDP, VA Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	1,311 (100%)
Population in Households	1,311 (100.0%)
Population in Families	1,134 (86.5%)
Population in Group Quarters¹	0
Population Density	1,142
Diversity Index²	43


INCOME
Median Household Income	$75,293
Average Household Income	$106,341
% of Income for Mortgage⁴	16%
Per Capita Income	$39,508
Wealth Index⁵	137

HOUSING
Total HU (Housing Units)	534 (100%)
Owner Occupied HU	413 (77.3%)
Renter Occupied HU	86 (16.1%)
Vacant Housing Units	34 ( 6.4%)
Median Home Value	$290,909
Average Home Value	$352,114
Housing Affordability Index³	161

HOUSEHOLDS
Total Households	500
Average Household Size	2.62
Family Households	374
Average Family Size	3

NOTES

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.
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.
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.
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).
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.

Piney Mountain CDP, VA - Peer Comparisons by Rank and Percentile

The table below compares Piney Mountain CDP to the other 593 incorporated cities, towns and CDPs in Virginia by rank and percentile using July 1, 2020 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.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	1.46%	1.31%
Households	1.53%	1.32%
Families	2.27%	1.3%
Median Household Income		2.52%
Per Capita Income		2.53%
Owner Occupied HU		1.41%

Variable Description	Rank	Percentile
Total Population	# 325	45th
Population Density	# 212	64th
Median Household Income	# 175	71st
Housing Affordability Index	# 261	44th
Per Capita Income	# 145	76th
Diversity Index	# 335	44th

Piney Mountain CDP, VA Profile: Facts & Data

Piney Mountain CDP, Virginia - Basic Facts

Piney Mountain CDP, VA Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Piney Mountain CDP, VA - Peer Comparisons by Rank and Percentile

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