Abbs Valley, VA Profile: Facts & Data

The Abbs Valley CDP⁽¹⁾ had a population of 297 as of July 1, 2024. Abbs Valley ranks in the lower quartile for Population Density and 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 Abbs Valley is located at latitude 37.244 and longitude -81.4523 in Tazewell County. Tazewell County is in the Eastern time zone (GMT -5).

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.

Abbs Valley, VA Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	297 (100%)
Population in Households	297 (100.0%)
Population in Families	248 (83.5%)
Population in Group Quarters¹	0
Population Density	131
Diversity Index²	10


INCOME
Median Household Income	$55,678
Average Household Income	$74,650
% of Income for Mortgage⁴	19%
Per Capita Income	$35,691
Wealth Index⁵	67
Socioeconomic Status Index⁶	Moderate (48.8)

HOUSING
Total HU (Housing Units)	166 (100%)
Owner Occupied HU	118 (71.1%)
Renter Occupied HU	24 (14.5%)
Vacant Housing Units	24 (14.5%)
Median Home Value	$166,667
Average Home Value	$211,441
Housing Affordability Index³	136

HOUSEHOLDS
Total Households	142
Average Household Size	2.09
Family Households	99
Average Family Size	3.00

NOTES

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.
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.
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.
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).
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.
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.

Abbs Valley, VA - Peer Comparisons by Rank and Percentile

The table below compares Abbs Valley to the other 688 incorporated cities, towns and CDPs in Virginia by rank and percentile using July 1, 2024 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.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.16%	-1.17%
Households	-0.81%	-0.86%
Families		-3.00%
Median Household Income		3.92%
Per Capita Income		3.83%
Owner Occupied HU		0.00%

Variable Description	Rank	Percentile
Total Population	# 533	23rd
Population Density	# 595	14th
Median Household Income	# 434	37th
Housing Affordability Index	# 603	88th
Per Capita Income	# 367	47th
Diversity Index	# 652	6th

Abbs Valley, VA Profile: Facts & Data

Abbs Valley, Virginia - Basic Facts

Abbs Valley, VA Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Abbs Valley, VA - Peer Comparisons by Rank and Percentile

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