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Massanetta Springs, VA Profile: Facts & Data

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Massanetta Springs, Virginia - Basic Facts

The Massanetta Springs Census Designated Place had a population of 5,788 as of July 1, 2020.

The primary coordinate point for Massanetta Springs is located at latitude 38.4004 and longitude -78.8342 in Rockingham County. The formal boundaries for the Massanetta Springs Census Designated Place encompass a land area of 4.75 sq. miles and a water area of 0.07 sq. miles. Rockingham County is in the Eastern time zone (GMT -5). The elevation is 1,463 feet.

The Massanetta Springs Census Designated Place (GNIS ID: 2629754) 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 Massanetta Springs: Taylor Springs.

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

POPULATION

Total Population 5,788 (100%)
Population in Households 5,615 (97.0%)
Population in Families 4,814 (83.2%)
Population in Group Quarters1 173 ( 3.0%)
Population Density 1,219
Diversity Index2 27
 
 

INCOME

Median Household Income $86,526
Average Household Income $113,789
% of Income for Mortgage4 19%
Per Capita Income $43,386
Wealth Index5 151
 

HOUSING

Total HU (Housing Units) 2,411 (100%)
Owner Occupied HU 1,639 (68.0%)
Renter Occupied HU 553 (22.9%)
Vacant Housing Units 219 ( 9.1%)
Median Home Value $396,204
Average Home Value $452,913
Housing Affordability Index3 130
 

HOUSEHOLDS

Total Households 2,192
Average Household Size 2.56
Family Households 1,570
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 1.77% 1.43%
Households 1.71% 1.4%
Families 1.59% 1.33%
Median Household Income   0.21%
Per Capita Income   1.58%
Owner Occupied HU   1.33%

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Massanetta Springs, VA - Peer Comparisons by Rank and Percentile

The table below compares Massanetta Springs 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 # 182 69th
Population Density # 203 66th
Median Household Income # 131 78th
Housing Affordability Index # 123 21st
Per Capita Income # 118 80th
Diversity Index # 433 27th

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

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