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Honaker, VA

Full City Profile · Virginia · Tazewell County County

2.8 /5.0
C+ Fair
1,218 Population 725/sq mi density
$44,107 Median Income $24,707 per capita
$91,700 Home Value $89,500 Zillow
$628 Median Rent 45.0% income on rent
53°F Avg Temperature 305 sunny days/yr
150 Violent Crime/100K 1,203 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$44,107 median income, 0.5% unemployment
A+
Affordability
5.0 / 5.0
$91,700 home value, $628/mo rent
F
Safety
1.0 / 5.0
150 violent crimes/100K
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)
$89,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

67.7%
Owner-Occupied
32.3%
Renter-Occupied
68%
32%
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)$89,500

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-Occupied67.7%
Renter-Occupied32.3%
Homeownership Rate67.7%
Total Housing Units556
Median Year Built1975
Rent Burden45.0%