Shipman, VA Profile: Facts & Data

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Shipman, Virginia - Basic Facts

The Shipman CDP(1) had a population of 477 as of July 1, 2023. Shipman ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Virginia. See peer rankings below.

The primary coordinate point for Shipman is located at latitude 37.7238 and longitude -78.8392 in Nelson County. The formal boundaries for the Shipman Census Designated Place encompass a land area of 2.7 sq. miles and a water area of 0 sq. miles. Nelson County is in the Eastern time zone (GMT -5).

The Shipman Census Designated Place 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.


  1. A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Jump to... (On This Page!)
  1. Shipman 2023 Demographic Data
  2. Growth Rates for Shipman (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 - 2023 Demographics
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Shipman, VA Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 477 (100%)
Population in Households 477 (100.0%)
Population in Families 360 (75.5%)
Population in Group Quarters1 0
Population Density 178
Diversity Index2 54
 
 

INCOME

Median Household Income $18,304
Average Household Income $35,618
% of Income for Mortgage4 74%
Per Capita Income $16,577
Wealth Index5 23
Socioeconomic Status Index6 High (44.9)
 

HOUSING

Total HU (Housing Units) 256 (100%)
Owner Occupied HU 120 (46.9%)
Renter Occupied HU 102 (39.8%)
Vacant Housing Units 34 (13.3%)
Median Home Value $226,667
Average Home Value $278,542
Housing Affordability Index3 34
 

HOUSEHOLDS

Total Households 222
Average Household Size 2.15
Family Households 123
Average Family Size 3.00
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.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population -0.95% -0.21%
Households 0.14% 0.00%
Families   0.16%
Median Household Income   1.47%
Per Capita Income   1.82%
Owner Occupied HU   1.61%

Shipman, VA - Peer Comparisons by Rank and Percentile

The table below compares Shipman to the other 672 incorporated cities, towns and CDPs in Virginia by rank and percentile using July 1, 2023 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 # 473 30th
Population Density # 550 18th
Median Household Income # 671 0th
Housing Affordability Index # 71 11th
Per Capita Income # 662 2nd
Diversity Index # 290 57th

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

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