Fincastle, VA

Full City Profile · Virginia · Botetourt County County

4.0 /5.0
A Great
636 Population 310/sq mi density
$63,750 Median Income $31,063 per capita
$276,200 Home Value $329,451 Zillow
$873 Median Rent 21.8% income on rent
58°F Avg Temperature
A
Overall
4.0 / 5.0
Strong
A
Economy
4.0 / 5.0
$63,750 median income, 1.3% unemployment
A
Affordability
4.2 / 5.0
$276,200 home value, $873/mo rent
B+
Education
3.7 / 5.0
34.1% bachelor's degree or higher

Fincastle, VA

At a Glance

Median Income
$63,750
15% below
$31,063 per capita
Home Value
$276,200
2% below
Zillow: $329,451
Median Rent
$873/mo
25% below
21.8% of income on rent
Bachelor's Degree+
34.1%
1% above
87.3% high school+
Unemployment
1.3%
64% below
10.7% poverty rate
Obesity Rate
35.4%
10% above
13.6% smoking rate
Avg Temperature
58°F

How Fincastle Compares to the U.S. Average

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

Income
85%
Home Value
98%
Rent
75%
Poverty
86%
Bachelor's
101%
Unemployment
36%
Thin vertical line = U.S. national average (100%)

Is Fincastle a Good Place to Live?

A
4.0 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Fincastle residents earn a median household income of $63,750 , which is 15% below the national average of $75,149. Per capita income is $31,063. The unemployment rate stands at 1.3% (64% below the U.S. rate of 3.6%). 10.7% of residents live below the poverty line. The area is home to 982 business establishments, including 55 restaurants.

Housing & Cost of Living

The median home value in Fincastle is $276,200 , 2% below the national median of $281,900. Zillow estimates the typical home at $329,451. Median rent is $873/month, with 21.8% 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 1938.

Education

34.1% of adults in Fincastle hold a bachelor's degree or higher (1% above the national average). 87.3% have completed high school. Local schools score 6.5/10 in standardized testing.

Climate & Weather

Fincastle has an average annual temperature of 58°F (15°C). Winters average 38°F in January while summers reach 78°F in July. Annual precipitation totals 42.8 inches.

Data Overview

People

Population636
Median Age33.2 yrs
Density310/mi²
Male / Female56% / 44%
Foreign Born2.5%
Veterans7.1%

Economy

A
Median Income$63,750
Per Capita$31,063
Unemployment1.3%
Poverty10.7%
County GDP$1,882M
Avg Weekly Wage$1,122

Housing

A
Home Value$276,200
Rent$873
Ownership64.8%
Zillow$329,451
Housing Units319
Rent Burden21.8%

Health

Obesity35.4%
Diabetes10.0%
Smoking13.6%
Heart Disease5.3%
Premature Death7,861/100K

Climate

Avg Temp58°F
Rain42.8 in/yr
Elevation1,198 ft

Education

B+
Bachelor's+34.1%
High School+87.3%
Graduate+19.1%
School Score6.5/10

Community

2024 VoteR 72% / D 27%
Commute27 min
Broadband87.6%
Internet Speed64 Mbps
EV Stations1
Libraries4

Did You Know?

Fincastle was founded in 1772.
The median home in Fincastle was built in 1938.
The nearest airport is Roanoke/Blacksburg Regional (Woodrum Field) (13 miles).
The Gini coefficient (income inequality) is 0.430 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
10.7% of the population has a disability.
The county recorded 8 fatal vehicle crashes.