Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 59.0 yrs |
|---|---|
| Avg HH Size | 3.34 |
| Below Poverty | 9.9% ≈ Avg |
| College Grads | 12.5% ▼ 68% below avg |
| Unemployment | 7.5% ▲ 54% above avg |
| No HS Diploma | 206 (40.1%) |
| HS Graduate | 139 (27%) |
| Some College | 40 (7.8%) |
| Associates | 65 (12.6%) |
| Bachelors | 30 (5.8%) |
| Graduate Degree | 34 (6.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $45,272 ▼ 41% below avg |
|---|---|
| Median Home Value | $58,900 ▼ 79% below avg |
| Home/Income Ratio | 1.3x (nat avg ~3.5x) |
| Median Rent | $639/mo |
| Total Housing Units | 506 |
| Vacant Units | 211 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Bandy is a city in Virginia, located in Tazewell County. The city spans 1 ZIP code and is home to approximately 986 residents. It is an older city, with a median age of 59 years.
Economically, Bandy is a working-class community. The median household income of $45,272 is below the national average. Approximately 9.9% of residents live below the poverty line. The unemployment rate is 7.5%, significantly above the national average.
The real estate market in Bandy is one of the more affordable housing markets in the country. Median home values stand at $58,900, which is well below the national average. Renters typically pay around $639 per month.
The population of Bandy is less-educated. 12.5% of adults hold a bachelor's degree or higher — well below the national average. The community is primarily White (96.55%).
Bandy, VA offers residents a cost-conscious lifestyle within Virginia.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 24602 | 986 | $45,272 | $58,900 | $639 | 7.5% | 12.5% | 58.3% |