Collinsville, VA

Full City Profile · Virginia · Martinsville city County

3.8 /5.0
B+ Good
7,645 Population 973/sq mi density
$50,465 Median Income $25,151 per capita
$123,500 Home Value $167,700 Zillow
$714 Median Rent 27.8% income on rent
56°F Avg Temperature
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$50,465 median income, 5.9% unemployment
A+
Affordability
5.0 / 5.0
$123,500 home value, $714/mo rent
B
Education
3.2 / 5.0
26.9% bachelor's degree or higher

Collinsville, VA

At a Glance

Median Income
$50,465
33% below
$25,151 per capita
Home Value
$123,500
56% below
Zillow: $167,700
Median Rent
$714/mo
39% below
27.8% of income on rent
Bachelor's Degree+
26.9%
20% below
85.3% high school+
Unemployment
5.9%
64% above
9.9% poverty rate
Obesity Rate
42.3%
32% above
19.1% smoking rate
Avg Temperature
56°F

How Collinsville Compares to the U.S. Average

Each bar shows Collinsville's value as a percentage of the national average (100% = U.S. avg)

Income
67%
Home Value
44%
Rent
61%
Poverty
80%
Bachelor's
80%
Unemployment
164%
Thin vertical line = U.S. national average (100%)

Is Collinsville a Good Place to Live?

B+
3.8 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Collinsville residents earn a median household income of $50,465 , which is 33% below the national average of $75,149. Per capita income is $25,151. The unemployment rate stands at 5.9% (64% above the U.S. rate of 3.6%). 9.9% 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 Collinsville is $123,500 , 56% below the national median of $281,900. Zillow estimates the typical home at $167,700. Median rent is $714/month, with 27.8% 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 1976.

Education

26.9% of adults in Collinsville hold a bachelor's degree or higher (20% below the national average). 85.3% have completed high school. Local schools score 5.6/10 in standardized testing.

Climate & Weather

Collinsville has an average annual temperature of 56°F (13°C). Winters average 36°F in January while summers reach 76°F in July. Annual precipitation totals 47.4 inches.

Data Overview

People

Population7,645
Median Age39.2 yrs
Density973/mi²
Male / Female46% / 54%
Foreign Born4.4%
Veterans3.5%

Economy

B
Median Income$50,465
Per Capita$25,151
Unemployment5.9%
Poverty9.9%
Avg Weekly Wage$836

Housing

A+
Home Value$123,500
Rent$714
Ownership59.8%
Zillow$167,700
Housing Units3,648
Rent Burden27.8%

Health

Obesity42.3%
Diabetes13.6%
Smoking19.1%
Heart Disease6.8%
Premature Death19,661/100K

Climate

Avg Temp56°F
Rain47.4 in/yr
Elevation828 ft

Education

B
Bachelor's+26.9%
High School+85.3%
Graduate+10.1%
School Score5.6/10

Community

2024 VoteR 38% / D 61%
Commute18 min
Broadband84.4%
Internet Speed121 Mbps
EV Stations1
Libraries1

Did You Know?

The median home in Collinsville was built in 1976.
The nearest airport is Danville Regional (34 miles).
The Gini coefficient (income inequality) is 0.514 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
15.9% of the population has a disability.
Average internet download speed is 121 Mbps.