Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 21.3 yrs |
|---|---|
| Avg HH Size | 3.12 |
| Below Poverty | 1.4% ▼ 86% below avg |
| College Grads | 66.0% ▲ 70% above avg |
| Unemployment | 3.5% ▼ 29% below avg |
| HS Graduate | 41 (15.5%) |
| Some College | 30 (11.3%) |
| Associates | 19 (7.2%) |
| Bachelors | 88 (33.2%) |
| Graduate Degree | 87 (32.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $84,138 ▲ 10% above avg |
|---|---|
| Median Home Value | $192,900 ▼ 31% below avg |
| Home/Income Ratio | 2.3x (nat avg ~3.5x) |
| Total Housing Units | 196 |
| Vacant Units | 44 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Wallops Island is a city in Virginia, located in Accomack County. The city spans 1 ZIP code and is home to approximately 582 residents. It is a young city, with a median age of 21.3 years.
Economically, Wallops Island is a middle-income community. The median household income of $84,138 is near the national average. Approximately 1.4% of residents live below the poverty line. The unemployment rate is 3.5%, below the national average.
The real estate market in Wallops Island is an affordable housing market. Median home values stand at $192,900, which is below the national average. Homeownership is high at 61.8%, typical of suburban and family-oriented communities.
The population of Wallops Island is highly educated. 66.0% of adults hold a bachelor's degree or higher — significantly above the national average. The community is racially diverse, with White as the largest group at 40.9%.
Wallops Island, VA offers residents above-average earning potential within Virginia.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 23337 | 582 | $84,138 | $192,900 | — | 3.5% | 66.0% | 61.8% |