Big Stone Gap East, VA Profile: Facts & Data

The Big Stone Gap East CDP⁽¹⁾ had a population of 649 as of July 1, 2023. Big Stone Gap East 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 Big Stone Gap East is located at latitude 36.8786 and longitude -82.7445 in Wise County.

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.

Big Stone Gap East, VA Data & Demographics (As of July 1, 2023)

POPULATION
Total Population	649 (100%)
Population in Households	649 (100.0%)
Population in Families	528 (81.4%)
Population in Group Quarters¹	0
Population Density	1,356
Diversity Index²	9


INCOME
Median Household Income	$41,646
Average Household Income	$60,410
% of Income for Mortgage⁴	19%
Per Capita Income	$27,273
Wealth Index⁵	45
Socioeconomic Status Index⁶	Low (42.8)

HOUSING
Total HU (Housing Units)	338 (100%)
Owner Occupied HU	167 (49.4%)
Renter Occupied HU	126 (37.3%)
Vacant Housing Units	45 (13.3%)
Median Home Value	$133,889
Average Home Value	$145,659
Housing Affordability Index³	132

HOUSEHOLDS
Total Households	293
Average Household Size	2.22
Family Households	189
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.

Big Stone Gap East, VA - Peer Comparisons by Rank and Percentile

The table below compares Big Stone Gap East 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.

GROWTH RATE / YEAR	2020-2023	2023-2028
Population	-1.74%	-1.33%
Households	-1.23%	-0.97%
Families		-1.53%
Median Household Income		0.54%
Per Capita Income		3.04%
Owner Occupied HU		-0.85%

Variable Description	Rank	Percentile
Total Population	# 431	36th
Population Density	# 205	70th
Median Household Income	# 545	19th
Housing Affordability Index	# 524	78th
Per Capita Income	# 511	24th
Diversity Index	# 649	4th

Big Stone Gap East, VA Profile: Facts & Data

Big Stone Gap East, Virginia - Basic Facts

Big Stone Gap East, VA Data & Demographics (As of July 1, 2023)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Big Stone Gap East, VA - Peer Comparisons by Rank and Percentile

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