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McKenney, VA Profile: Facts & Data

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McKenney, Virginia - Basic Facts

The Town of McKenney had a population of 499 as of July 1, 2020.

The primary coordinate point for McKenney is located at latitude 36.9868 and longitude -77.7231 in Dinwiddie County. The formal boundaries for the Town of McKenney encompass a land area of 0.93 sq. miles and a water area of 0 sq. miles. Dinwiddie County is in the Eastern time zone (GMT -5). The elevation is 312 feet.

The Town of McKenney (GNIS ID: 2391293) 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 McKenney: McKenny.

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

POPULATION

Total Population 499 (100%)
Population in Households 491 (98.4%)
Population in Families 404 (81.0%)
Population in Group Quarters1 8 ( 1.6%)
Population Density 538
Diversity Index2 54
 
 

INCOME

Median Household Income $37,341
Average Household Income $59,307
% of Income for Mortgage4 14%
Per Capita Income $21,879
Wealth Index5 54
 

HOUSING

Total HU (Housing Units) 224 (100%)
Owner Occupied HU 141 (62.9%)
Renter Occupied HU 52 (23.2%)
Vacant Housing Units 31 (13.8%)
Median Home Value $125,000
Average Home Value $159,574
Housing Affordability Index3 192
 

HOUSEHOLDS

Total Households 193
Average Household Size 2.54
Family Households 136
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 0.32% 0.28%
Households 0.36% 0.31%
Families 1.15% 0.15%
Median Household Income   1.39%
Per Capita Income   2.62%
Owner Occupied HU   0.42%

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McKenney, VA - Peer Comparisons by Rank and Percentile

The table below compares McKenney 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 # 445 25th
Population Density # 364 39th
Median Household Income # 520 12th
Housing Affordability Index # 403 68th
Per Capita Income # 478 20th
Diversity Index # 228 62nd

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

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