Drakes Branch, VA
Full City Profile · Virginia · Lunenburg County County
Drakes Branch, VA
At a Glance
How Drakes Branch Compares to the U.S. Average
Each bar shows Drakes Branch's value as a percentage of the national average (100% = U.S. avg)
Is Drakes Branch a Good Place to Live?
Economy & Jobs
Drakes Branch residents earn a median household income of $19,620 , which is 74% below the national average of $75,149. Per capita income is $21,644. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 43.1% of residents live below the poverty line. The area is home to 356 business establishments, including 6 restaurants.
Housing & Cost of Living
The median home value in Drakes Branch is $119,100 , 58% below the national median of $281,900. Zillow estimates the typical home at $185,982. Median rent is $498/month, with 32.9% 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
14.6% of adults in Drakes Branch hold a bachelor's degree or higher (57% below the national average). 76.7% have completed high school. Local schools score 5.0/10 in standardized testing.
Climate & Weather
Drakes Branch 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 46.6 inches.