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Chincoteague, VA
Full City Profile · Virginia · Accomack County County
3.1
/5.0
B
Good
3,300
Population
356/sq mi density
$62,292
Median Income
$42,338 per capita
$329,200
Home Value
$357,790 Zillow
$1,102
Median Rent
19.9% income on rent
58°F
Avg Temperature
305 sunny days/yr
139
Violent Crime/100K
1,741 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$62,292 median income, 3.8% unemployment
B+
Affordability
3.7 / 5.0
$329,200 home value, $1,102/mo rent
F
Safety
1.0 / 5.0
139 violent crimes/100K
B+
Education
4.0 / 5.0
37.2% bachelor's degree or higher
Income Overview
Median Household Income
$62,292
17% below
US avg: $75,149
Per Capita Income
$42,338
8% above
US avg: $39,052
Unemployment Rate
3.8%
6% above
US avg: 3.6%
Poverty Rate
7.1%
43% below
US avg: 12.4%
Income Comparison: Chincoteague vs. U.S. Average
Each bar shows Chincoteague’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$62,292
83%
Per Capita
US: $39,052
$42,338
108%
IRS Avg AGI
US: $72,000
$57,546
80%
Avg Weekly Wage
US: $1,432
$1,012
71%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,012
29% below US avg ($1,432)
Mean Commute Time
17 min
38% below US avg (28 min)
Work From Home
9.9%
35% below US avg (15.2%)
Drive Alone
73.7%
1% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$2,039M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
73.7%
Public Transit
0%
Work From Home
9.9%
Other
16.4%
Average commute time
17 minutes
US avg: 28 min
Business Landscape
Total Establishments
1,264
Restaurants
100
Healthcare
56
Retail
146
Manufacturing
17
Tax & Financial
IRS Avg Adjusted Gross Income
$57,546
20% below US avg ($72,000)
Avg Property Tax
$2,826
19% below US avg ($3,500)
Cost of Living Index
101.1
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $62,292 |
| Per Capita Income | $42,338 |
| IRS Avg Adjusted Gross Income | $57,546 |
| Avg Weekly Wage | $1,012 |
| County GDP | $2,039M |
Hardship Indicators
| Unemployment Rate | 3.8% |
| Poverty Rate | 7.1% |
| Gini Coefficient | 0.452 |
| Cost of Living Index | 101.1 |
Commute
| Mean Commute | 17 minutes |
| Drive Alone | 73.7% |
| Public Transit | 0.0% |
| Work From Home | 9.9% |
Businesses
| Total Establishments | 1,264 |
| Restaurants | 100 |
| Healthcare | 56 |
| Retail | 146 |
| Manufacturing | 17 |
Tax
| IRS Avg AGI | $57,546 |
| Avg Property Tax | $2,826 |