East Stone Gap, VA Profile: Facts & Data

The East Stone Gap CDP⁽¹⁾ had a population of 521 as of July 1, 2023. East Stone Gap 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 East Stone Gap is located at latitude 36.8668 and longitude -82.7424 in Wise County. Wise 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.

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

POPULATION
Total Population	521 (100%)
Population in Households	521 (100.0%)
Population in Families	436 (83.7%)
Population in Group Quarters¹	0
Population Density	970
Diversity Index²	21


INCOME
Median Household Income	$39,764
Average Household Income	$54,828
% of Income for Mortgage⁴	28%
Per Capita Income	$21,994
Wealth Index⁵	37
Socioeconomic Status Index⁶	Moderate (45.1)

HOUSING
Total HU (Housing Units)	238 (100%)
Owner Occupied HU	121 (50.8%)
Renter Occupied HU	88 (37.0%)
Vacant Housing Units	29 (12.2%)
Median Home Value	$183,824
Average Home Value	$196,281
Housing Affordability Index³	91

HOUSEHOLDS
Total Households	209
Average Household Size	2.49
Family Households	152
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.

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

The table below compares East Stone Gap 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	-0.93%	-1.10%
Households	-1.01%	-0.88%
Families		-0.80%
Median Household Income		3.17%
Per Capita Income		1.73%
Owner Occupied HU		-1.89%

Variable Description	Rank	Percentile
Total Population	# 456	32nd
Population Density	# 266	61st
Median Household Income	# 577	14th
Housing Affordability Index	# 250	37th
Per Capita Income	# 621	8th
Diversity Index	# 546	19th

East Stone Gap, VA Profile: Facts & Data

East Stone Gap, Virginia - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

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

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