Honaker, VA
Full City Profile · Virginia · Tazewell County County
3.3
/5.0
B
Good
1,218
Population
725/sq mi density
$44,107
Median Income
$24,707 per capita
$91,700
Home Value
$99,625 Zillow
$628
Median Rent
45.0% income on rent
54°F
Avg Temperature
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$44,107 median income, 1.3% unemployment
A+
Affordability
5.0 / 5.0
$91,700 home value, $628/mo rent
F
Education
1.4 / 5.0
5.6% bachelor's degree or higher
Housing Overview
Median Home Value
$91,700
67% below
US avg: $281,900
Median Rent
$628/mo
46% below
US avg: $1,163/mo
Homeownership Rate
67.7%
4% above US avg (65.4%)
Total Housing Units
556
Median year built: 1975
Home Value by Source
Census Median
$91,700
Zillow (ZHVI)
$99,625
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
67.7%
Owner-Occupied
32.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo
Census median rent:
$628/mo
Affordability & Housing Stock
Rent Burden
45.0%
of renters spending 30%+ of income on housing
45% above US avg (31.0%)
Median Year Built
1975
Average age of housing stock: 51 years
Homeownership Rate
67.7%
Complete Housing Data
Home Values
| Census Median Value | $91,700 |
| Zillow Home Value (ZHVI) | $99,625 |
Rent
| Census Median Rent | $628 |
| FMR Studio | $1,137 |
| FMR 1-Bedroom | $1,181 |
| FMR 2-Bedroom | $1,369 |
| FMR 3-Bedroom | $1,787 |
| FMR 4-Bedroom | $2,126 |
Market
Ownership & Stock
| Owner-Occupied | 67.7% |
| Renter-Occupied | 32.3% |
| Homeownership Rate | 67.7% |
| Total Housing Units | 556 |
| Median Year Built | 1975 |
| Rent Burden | 45.0% |