At a Glance
Median Income
$45,982
$15,330 per capita
Home Value
$237,900
Zillow: $247,959
Median Rent
$1,091/mo
26.6% of income on rent
Bachelor's Degree+
7.6%
82.2% high school+
Unemployment
0.0%
20.0% poverty rate
Obesity Rate
36.8%
15.3% smoking rate
How Shipman Compares to the U.S. Average
Each bar shows Shipman's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Shipman a Good Place to Live?
C+
2.9 / 5.0 - Fair
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Shipman residents earn a median household income of $45,982 , which is 39% below the national average of $75,149.
Per capita income is $15,330. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 20.0% of residents live below the poverty line. The area is home to 560 business establishments, including 25 restaurants.
Housing & Cost of Living
The median home value in Shipman is $237,900 , 16% below the national median of $281,900.
Zillow estimates the typical home at $247,959. Median rent is $1,091/month, with 26.6% of renters spending more than 30% of income on housing. The cost of living index is 101.1 (100 = national average). The median home was built in 1953.
Education
7.6% of adults in Shipman hold a bachelor's degree or higher
(77% below the national average).
82.2% have completed high school. Local schools score 5.7/10 in standardized testing.
Climate & Weather
Shipman has an average annual temperature of 57°F (14°C).
Winters average 37°F in January while summers reach 76°F in July. Annual precipitation totals 46.3 inches.
Data Overview
People
Population489
Median Age42.1 yrs
Density182/mi²
Male / Female49% / 51%
Foreign Born25.2%
Veterans6.8%
Economy
B
Median Income$45,982
Per Capita$15,330
Unemployment0.0%
Poverty20.0%
County GDP$700M
Avg Weekly Wage$924
Housing
B+
Home Value$237,900
Rent$1,091
Ownership57.4%
Zillow$247,959
Housing Units332
Rent Burden26.6%
Health
Obesity36.8%
Diabetes11.4%
Smoking15.3%
Heart Disease5.6%
Premature Death8,481/100K
Climate
Avg Temp57°F
Rain46.3 in/yr
Elevation1,104 ft
Education
D
Bachelor's+7.6%
High School+82.2%
Graduate+3.9%
School Score5.7/10
Community
2024 VoteR 53% / D 46%
Broadband74.6%
Internet Speed143 Mbps
EV Stations1
Libraries1
Did You Know?
The median home in Shipman was built in 1953.
The nearest airport is Lynchburg Regional/Preston Glenn Field (34 miles).
The Gini coefficient (income inequality) is 0.503 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
16.8% of the population has a disability.
25.2% of residents are foreign-born.
Average internet download speed is 143 Mbps.
The county recorded 5 fatal vehicle crashes.