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Gloucester Point, VA Profile: Facts & Data

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Gloucester Point, Virginia - Basic Facts

The Gloucester Point Census Designated Place had a population of 10,686 as of July 1, 2020.

The primary coordinate point for Gloucester Point is located at latitude 37.254 and longitude -76.4969 in Gloucester County. The formal boundaries for the Gloucester Point Census Designated Place encompass a land area of 9.4 sq. miles and a water area of 6.97 sq. miles. Gloucester County is in the Eastern time zone (GMT -5). The elevation is 36 feet.

The Gloucester Point Census Designated Place (GNIS ID: 2389857) 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 Gloucester Point: Gloucester Town, Tindalls Point, Tyndalls Point.

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

POPULATION

Total Population 10,686 (100%)
Population in Households 10,686 (100.0%)
Population in Families 8,577 (80.3%)
Population in Group Quarters1 0
Population Density 1,137
Diversity Index2 29
 
 

INCOME

Median Household Income $55,063
Average Household Income $71,583
% of Income for Mortgage4 19%
Per Capita Income $29,795
Wealth Index5 71
 

HOUSING

Total HU (Housing Units) 4,918 (100%)
Owner Occupied HU 2,810 (57.1%)
Renter Occupied HU 1,638 (33.3%)
Vacant Housing Units 470 ( 9.6%)
Median Home Value $252,119
Average Home Value $298,852
Housing Affordability Index3 130
 

HOUSEHOLDS

Total Households 4,448
Average Household Size 2.4
Family Households 3,008
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 1.26% 0.84%
Households 1.29% 0.87%
Families 1.15% 0.77%
Median Household Income   0.24%
Per Capita Income   1.12%
Owner Occupied HU   0.96%

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Gloucester Point, VA - Peer Comparisons by Rank and Percentile

The table below compares Gloucester Point 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 # 118 80th
Population Density # 213 64th
Median Household Income # 290 51st
Housing Affordability Index # 125 21st
Per Capita Income # 257 57th
Diversity Index # 423 29th

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

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