Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 56.5 yrs |
|---|---|
| Avg HH Size | 1.90 |
| Below Poverty | 10.5% ≈ Avg |
| College Grads | 46.2% ▲ 19% above avg |
| Unemployment | 7.5% ▲ 53% above avg |
| No HS Diploma | 9 (0.4%) |
| HS Graduate | 659 (26.5%) |
| Some College | 375 (15.1%) |
| Associates | 297 (11.9%) |
| Bachelors | 211 (8.5%) |
| Graduate Degree | 940 (37.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $63,264 ▼ 17% below avg |
|---|---|
| Median Home Value | $326,400 ▲ 17% above avg |
| Home/Income Ratio | 5.2x (nat avg ~3.5x) |
| Median Rent | $1,102/mo |
| Total Housing Units | 4,495 |
| Vacant Units | 2,745 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Chincoteague Island is a city in Virginia, located in Accomack County. The city spans 1 ZIP code and is home to approximately 3,323 residents. It is an older city, with a median age of 56.5 years.
Economically, Chincoteague Island is a solidly middle-class community. The median household income of $63,264 is below the national average. Approximately 10.5% of residents live below the poverty line. The unemployment rate is 7.5%, significantly above the national average.
The real estate market in Chincoteague Island is a mid-range housing market. Median home values stand at $326,400, which is above the national average. Renters typically pay around $1,102 per month. Homeownership is high at 74.9%, typical of suburban and family-oriented communities.
The population of Chincoteague Island is well-educated. 46.2% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (93.2%).
Chincoteague Island, VA offers residents a cost-conscious lifestyle within Virginia.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 23336 | 3,323 | $63,264 | $326,400 | $1,102 | 7.5% | 46.2% | 74.9% |