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Hollymead, VA
Full City Profile · Virginia · Charlottesville city County
3.9
/5.0
B+
Good
8,566
Population
1,326/sq mi density
$121,795
Median Income
$55,250 per capita
$413,700
Home Value
$642,656 Zillow
$1,995
Median Rent
32.4% income on rent
59°F
Avg Temperature
293 sunny days/yr
429
Violent Crime/100K
3,042 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$121,795 median income, 2.0% unemployment
A+
Affordability
4.8 / 5.0
$413,700 home value, $1,995/mo rent
F
Safety
1.0 / 5.0
429 violent crimes/100K (13% above avg)
A+
Education
5.0 / 5.0
58.1% bachelor's degree or higher
Income Overview
Median Household Income
$121,795
62% above
US avg: $75,149
Per Capita Income
$55,250
41% above
US avg: $39,052
Unemployment Rate
2.0%
44% below
US avg: 3.6%
Poverty Rate
3.0%
76% below
US avg: 12.4%
Income Comparison: Hollymead vs. U.S. Average
Each bar shows Hollymead’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$121,795
162%
Per Capita
US: $39,052
$55,250
141%
IRS Avg AGI
US: $72,000
$122,281
170%
Avg Weekly Wage
US: $1,432
$1,384
97%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,384
3% below US avg ($1,432)
Mean Commute Time
26 min
8% below US avg (28 min)
Work From Home
18.8%
24% above US avg (15.2%)
Drive Alone
71.9%
2% below US avg (73.2%)
Public Transit
0.2%
97% below US avg (5.0%)
How Residents Get to Work
Drive Alone
71.9%
Public Transit
0.2%
Work From Home
18.8%
Other
9.1%
Average commute time
26 minutes
US avg: 28 min
Business Landscape
Total Establishments
2,587
Restaurants
323
Healthcare
172
Retail
282
Manufacturing
49
Tax & Financial
IRS Avg Adjusted Gross Income
$122,281
70% above US avg ($72,000)
Avg Property Tax
$8,207
134% above US avg ($3,500)
Cost of Living Index
101.1
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $121,795 |
| Per Capita Income | $55,250 |
| IRS Avg Adjusted Gross Income | $122,281 |
| Avg Weekly Wage | $1,384 |
Hardship Indicators
| Unemployment Rate | 2.0% |
| Poverty Rate | 3.0% |
| Gini Coefficient | 0.539 |
| Cost of Living Index | 101.1 |
Commute
| Mean Commute | 26 minutes |
| Drive Alone | 71.9% |
| Public Transit | 0.2% |
| Work From Home | 18.8% |
Businesses
| Total Establishments | 2,587 |
| Restaurants | 323 |
| Healthcare | 172 |
| Retail | 282 |
| Manufacturing | 49 |
Tax
| IRS Avg AGI | $122,281 |
| Avg Property Tax | $8,207 |