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Verona, VA Profile: Facts & Data

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Verona, Virginia - Basic Facts

The Verona Census Designated Place had a population of 4,479 as of July 1, 2020.

The primary coordinate point for Verona is located at latitude 38.2021 and longitude -79.0084 in Augusta County. The formal boundaries for the Verona Census Designated Place encompass a land area of 7.54 sq. miles and a water area of 0.07 sq. miles. Augusta County is in the Eastern time zone (GMT -5). The elevation is 1,283 feet.

The Verona Census Designated Place (GNIS ID: 2390431) 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.

Alternate Unofficial Names for Verona: Bowlings Mill, Rolla, Vernon, Verona Station.

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Verona, VA Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 4,479 (100%)
Population in Households 3,670 (81.9%)
Population in Families 2,946 (65.8%)
Population in Group Quarters1 809 (18.1%)
Population Density 596
Diversity Index2 30
 
 

INCOME

Median Household Income $47,585
Average Household Income $58,790
% of Income for Mortgage4 15%
Per Capita Income $20,599
Wealth Index5 50
 

HOUSING

Total HU (Housing Units) 1,661 (100%)
Owner Occupied HU 1,042 (62.7%)
Renter Occupied HU 500 (30.1%)
Vacant Housing Units 119 ( 7.2%)
Median Home Value $174,590
Average Home Value $198,920
Housing Affordability Index3 162
 

HOUSEHOLDS

Total Households 1,542
Average Household Size 2.38
Family Households 1,031
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 RATE / YEAR

 2010-2020 2020-2025
Population 0.54% 0.38%
Households 0.55% 0.53%
Families 0.46% 0.42%
Median Household Income   -0.5%
Per Capita Income   0.41%
Owner Occupied HU   0.79%

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Verona, VA - Peer Comparisons by Rank and Percentile

The table below compares Verona 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.

Variable Description Rank Percentile
Total Population # 203 66th
Population Density # 345 42nd
Median Household Income # 381 36th
Housing Affordability Index # 267 45th
Per Capita Income # 520 12th
Diversity Index # 417 30th

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

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