Nickelsville, VA Profile: Facts & Data

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Nickelsville, Virginia - Basic Facts

The Town of Nickelsville had a population of 398 as of July 1, 2019. Nickelsville 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 Nickelsville is located at latitude 36.7529 and longitude -82.4146 in Scott County. The formal boundaries for the Town of Nickelsville encompass a land area of 0.49 sq. miles and a water area of 0 sq. miles. Scott County is in the Eastern time zone (GMT -5). The elevation is 1,916 feet.

The Town of Nickelsville (GNIS ID: 2391331) 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.


Jump to... (On This Page!)
  1. Nickelsville 2019 Demographic Data
  2. Growth Rates for Nickelsville (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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Nickelsville, VA Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Nickelsville, VA Housing Affordability Index is 221
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

Nickelsville, VA Wealth Index is 49
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 cities, Counties / Independent Cities, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Virginia address.

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  2. References & Data Sources page for more information about methodology and sources of data.

POPULATION

Total Population 398
Population in Households 398
Population in Familes 330
Population in Group Qrtrs 0
Population Density 831
Diversity Index1 11
 

INCOME

Median Household Income $39,833
Average Household Income $52,102
Per Capita Income $21,678
Wealth Index3 49

HOUSING

Total Housing Units 209 (100%)
Owner Occupied HU 138 (66.0%)
Renter Occupied HU 38 (18.2%)
Vacant Housing Units 33 (15.8%)
Median Home Value $100,806
Housing Affordability Index2 221
 

HOUSEHOLDS

Total Households 176
Average Household Size 2.26
Family Households 121
Average Family Size 3
NOTES
  1. 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.
  2. 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.
  3. 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 0.42% -0.2%
Households 0.38% -0.23%
Families 0.65% -0.17%
Median Household Income   1.41%
Per Capita Income   2.29%

Nickelsville, VA - Peer Comparisons by Rank and Percentile

The table below compares Nickelsville 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 # 479 19th
Population Density # 280 53rd
Diversity Index # 544 8th
Median Household Income # 481 19th
Per Capita Income # 483 19th

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

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