Bassett, VA
Full City Profile · Virginia · Martinsville city County
Bassett, VA
At a Glance
How Bassett Compares to the U.S. Average
Each bar shows Bassett's value as a percentage of the national average (100% = U.S. avg)
Is Bassett a Good Place to Live?
Economy & Jobs
Bassett residents earn a median household income of $41,992 , which is 44% below the national average of $75,149. Per capita income is $23,572. The unemployment rate stands at 3.7% (3% above the U.S. rate of 3.6%). 1.7% of residents live below the poverty line. The area is home to 959 business establishments, including 41 restaurants.
Housing & Cost of Living
The median home value in Bassett is $186,100 , 34% below the national median of $281,900. Zillow estimates the typical home at $131,176. Median rent is $656/month, with 21.7% of renters spending more than 30% of income on housing. The cost of living index is 101.1 (100 = national average). The median home was built in 1965.
Education
21.0% of adults in Bassett hold a bachelor's degree or higher (38% below the national average). 84.1% have completed high school. Local schools score 5.6/10 in standardized testing.
Climate & Weather
Bassett has an average annual temperature of 57°F (14°C). Winters average 37°F in January while summers reach 77°F in July. Annual precipitation totals 47.1 inches.