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Fincastle, VA

Full City Profile · Virginia · Botetourt County County

3.2 /5.0
B Good
636 Population 310/sq mi density
$63,750 Median Income $31,063 per capita
$276,200 Home Value $312,051 Zillow
$873 Median Rent 21.8% income on rent
57°F Avg Temperature 305 sunny days/yr
453 Violent Crime/100K 2,630 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$63,750 median income, 0.6% unemployment
A
Affordability
4.2 / 5.0
$276,200 home value, $873/mo rent
F
Safety
1.0 / 5.0
453 violent crimes/100K (19% above avg)
B+
Education
3.7 / 5.0
34.1% bachelor's degree or higher

Income Overview

Median Household Income
$63,750
15% below
US avg: $75,149
Per Capita Income
$31,063
20% below
US avg: $39,052
Unemployment Rate
0.6%
83% below
US avg: 3.6%
Poverty Rate
10.7%
14% below
US avg: 12.4%

Income Comparison: Fincastle vs. U.S. Average

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

Median Household
US: $75,149
$63,750
85%
Per Capita
US: $39,052
$31,063
80%
IRS Avg AGI
US: $72,000
$84,483
117%
Avg Weekly Wage
US: $1,432
$1,122
78%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,122
22% below US avg ($1,432)
Mean Commute Time
27 min
2% below US avg (28 min)
Work From Home
8.1%
47% below US avg (15.2%)
Drive Alone
85.1%
16% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,882M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 85.1%
Public Transit 0%
Work From Home 8.1%
Other 6.8%
Average commute time
27 minutes
US avg: 28 min

Business Landscape

Total Establishments
982
Restaurants
55
Healthcare
70
Retail
79
Manufacturing
28

Tax & Financial

IRS Avg Adjusted Gross Income
$84,483
17% above US avg ($72,000)
Avg Property Tax
$3,328
5% 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$63,750
Per Capita Income$31,063
IRS Avg Adjusted Gross Income$84,483
Avg Weekly Wage$1,122
County GDP$1,882M

Hardship Indicators

Unemployment Rate0.6%
Poverty Rate10.7%
Gini Coefficient0.430
Cost of Living Index101.1

Commute

Mean Commute27 minutes
Drive Alone85.1%
Public Transit0.0%
Work From Home8.1%

Businesses

Total Establishments982
Restaurants55
Healthcare70
Retail79
Manufacturing28

Tax

IRS Avg AGI$84,483
Avg Property Tax$3,328