Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 66.0 yrs |
|---|---|
| Avg HH Size | 1.78 |
| Below Poverty | 6.2% ▼ 38% below avg |
| College Grads | 34.1% ▼ 12% below avg |
| Unemployment | 7.6% ▲ 56% above avg |
| HS Graduate | 619 (42.6%) |
| Some College | 212 (14.6%) |
| Associates | 126 (8.7%) |
| Bachelors | 100 (6.9%) |
| Graduate Degree | 396 (27.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $54,286 ▼ 29% below avg |
|---|---|
| Median Home Value | $168,800 ▼ 39% below avg |
| Home/Income Ratio | 3.1x (nat avg ~3.5x) |
| Median Rent | $541/mo |
| Total Housing Units | 1,551 |
| Vacant Units | 583 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Fancy Gap is a city in Virginia, located in Carroll County. The city spans 1 ZIP code and is home to approximately 1,724 residents. It is an older city, with a median age of 66 years.
Economically, Fancy Gap is a working-class community. The median household income of $54,286 is below the national average. Approximately 6.2% of residents live below the poverty line. The unemployment rate is 7.6%, significantly above the national average.
The real estate market in Fancy Gap is an affordable housing market. Median home values stand at $168,800, which is below the national average. Renters typically pay around $541 per month. Homeownership is high at 84.3%, typical of suburban and family-oriented communities.
The population of Fancy Gap is moderately educated. 34.1% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (97.33%).
Fancy Gap, VA offers residents a cost-conscious lifestyle within Virginia.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 24328 | 1,724 | $54,286 | $168,800 | $541 | 7.6% | 34.1% | 84.3% |