Big Stone Gap, VA Profile: Facts & Data

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Big Stone Gap, Virginia - Basic Facts

The Town of Big Stone Gap had a population of 5,525 as of July 1, 2019.

The primary coordinate point for Big Stone Gap is located at latitude 36.8818 and longitude -82.7471 in Wise County. The formal boundaries for the Town of Big Stone Gap encompass a land area of 4.89 sq. miles and a water area of 0.09 sq. miles. Wise County is in the Eastern time zone (GMT -5). The elevation is 1,535 feet.

The Town of Big Stone Gap (GNIS ID: 2390730) 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.

Alternate Unofficial Names for Big Stone Gap: Bigstone Gap, Imboden, Mineral City, Three Forks, Wolverhampton.

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

HOUSING AFFORDABILITY INDEX

Big Stone Gap, VA Housing Affordability Index is 189
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

Big Stone Gap, VA Wealth Index is 44
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.

See our:

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

POPULATION

Total Population 5,525
Population in Households 4,283
Population in Familes 3,454
Population in Group Qrtrs 1,242
Population Density 1,120
Diversity Index1 38
 

INCOME

Median Household Income $37,986
Average Household Income $50,737
Per Capita Income $17,728
Wealth Index3 44

HOUSING

Total Housing Units 2,096 (100%)
Owner Occupied HU 1,183 (56.4%)
Renter Occupied HU 654 (31.2%)
Vacant Housing Units 259 (12.4%)
Median Home Value $105,617
Housing Affordability Index2 189
 

HOUSEHOLDS

Total Households 1,837
Average Household Size 2.33
Family Households 1,201
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 -0.18% -0.32%
Households -0.11% -0.38%
Families 0.06% -0.45%
Median Household Income   2.29%
Per Capita Income   1.68%

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

The table below compares Big Stone Gap 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 # 186 69th
Population Density # 218 63rd
Diversity Index # 359 39th
Median Household Income # 510 14th
Per Capita Income # 572 4th

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

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