Laymantown, VA Profile: Facts & Data

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Laymantown, Virginia - Basic Facts

The Laymantown Census Designated Place had a population of 1,936 as of July 1, 2019. Laymantown 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 Laymantown is located at latitude 37.3657 and longitude -79.8575 in Botetourt County. The formal boundaries for the Laymantown Census Designated Place encompass a land area of 2.94 sq. miles and a water area of 0.01 sq. miles. Botetourt County is in the Eastern time zone (GMT -5). The elevation is 1,348 feet.

The Laymantown Census Designated Place (GNIS ID: 2390046) 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. Laymantown 2019 Demographic Data
  2. Growth Rates for Laymantown (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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Laymantown, VA Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Laymantown, VA Housing Affordability Index is 172
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

Laymantown, VA Wealth Index is 125
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 Neighborhoods, Cities, Counties / Independent Cities, and ZIP Codes.

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  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Virginia COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 1,936 (100%)
Population in Households 1,922 (99.3%)
Population in Families 1,754 (90.6%)
Population in Group Quarters1 14 ( 0.7%)
Population Density 662
Diversity Index2 13
 

INCOME

Median Household Income $75,881
Average Household Income $91,698
Per Capita Income $33,813
Wealth Index4 125

HOUSING

Total Housing Units 790 (100%)
Owner Occupied HU 686 (86.8%)
Renter Occupied HU 46 ( 5.8%)
Vacant Housing Units 58 ( 7.3%)
Median Home Value $237,500
Housing Affordability Index3 172
 

HOUSEHOLDS

Total Households 732
Average Household Size 2.63
Family Households 604
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 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.
  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 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 -0.19% -0.09%
Households -0.2% -0.14%
Families -0.16% -0.13%
Median Household Income   1.07%
Per Capita Income   1.99%

Laymantown, VA - Peer Comparisons by Rank and Percentile

The table below compares Laymantown 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 # 279 53rd
Population Density # 324 46th
Diversity Index # 520 12th
Median Household Income # 175 71st
Per Capita Income # 213 64th

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

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