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Iron Gate, VA
Full City Profile · Virginia · Covington city County
2.7
/5.0
C+
Fair
408
Population
1,236/sq mi density
$60,000
Median Income
$26,773 per capita
$84,200
Home Value
$138,927 Zillow
53°F
Avg Temperature
317 sunny days/yr
173
Violent Crime/100K
1,918 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$60,000 median income, 10.0% unemployment
A+
Affordability
5.0 / 5.0
$84,200 home value, /mo rent
F
Safety
1.0 / 5.0
173 violent crimes/100K
D
Education
1.9 / 5.0
11.4% bachelor's degree or higher
Income Overview
Median Household Income
$60,000
20% below
US avg: $75,149
Per Capita Income
$26,773
31% below
US avg: $39,052
Unemployment Rate
10.0%
178% above
US avg: 3.6%
Poverty Rate
6.7%
46% below
US avg: 12.4%
Income Comparison: Iron Gate vs. U.S. Average
Each bar shows Iron Gate’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$60,000
80%
Per Capita
US: $39,052
$26,773
69%
IRS Avg AGI
US: $72,000
$46,980
65%
Avg Weekly Wage
US: $1,432
$1,114
78%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,114
22% below US avg ($1,432)
Mean Commute Time
33 min
18% above US avg (28 min)
Work From Home
0.0%
100% below US avg (15.2%)
Drive Alone
90.6%
24% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
How Residents Get to Work
Drive Alone
90.6%
Public Transit
0%
Work From Home
0%
Other
9.4%
Average commute time
33 minutes
US avg: 28 min
Business Landscape
Total Establishments
293
Restaurants
19
Healthcare
13
Retail
37
Manufacturing
8
Tax & Financial
IRS Avg Adjusted Gross Income
$46,980
35% below US avg ($72,000)
Avg Property Tax
$1,700
51% 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 | $60,000 |
| Per Capita Income | $26,773 |
| IRS Avg Adjusted Gross Income | $46,980 |
| Avg Weekly Wage | $1,114 |
Hardship Indicators
| Unemployment Rate | 10.0% |
| Poverty Rate | 6.7% |
| Gini Coefficient | 0.397 |
| Cost of Living Index | 101.1 |
Commute
| Mean Commute | 33 minutes |
| Drive Alone | 90.6% |
| Public Transit | 0.0% |
| Work From Home | 0.0% |
Businesses
| Total Establishments | 293 |
| Restaurants | 19 |
| Healthcare | 13 |
| Retail | 37 |
| Manufacturing | 8 |
Tax
| IRS Avg AGI | $46,980 |
| Avg Property Tax | $1,700 |