Gloucester Point, Virginia Housing

Gloucester Point, Virginia has a population of 10,211, with a median household income of $74,218.

Current housing data for Gloucester Point.

$318,400

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Population

10,211

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Median Income

$74,218

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Unemployment

3.20%

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Housing Price

$318,400

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Crime Rate

4.60

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Internet Speed

189.30 Mbps

Gloucester Point is a small local community located in Virginia. The city has a population that is above the average city population in Virginia, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Gloucester Point is a notable city in Virginia, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Gloucester Point has a population of 10,211, which is higher than the state average. This indicates a relatively larger urban presence within Virginia.

Income and Economy

The median household income in Gloucester Point is $74,218, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

The average housing price in Gloucester Point is about $318,400, making it relatively affordable compared to many cities in Virginia.

Employment and Safety

The unemployment rate in Gloucester Point is 3.20%, which is lower than the state average, indicating a relatively strong job market. Gloucester Point has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Virginia, Gloucester Point shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Virginia, Gloucester Point contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Gloucester Point

What is the population of Gloucester Point?

The population of Gloucester Point is approximately 10,211.

Is Gloucester Point a good place to live?

Gloucester Point offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Gloucester Point?

The median household income in Gloucester Point is around $74,218.

How expensive is housing in Gloucester Point?

The average housing price in Gloucester Point is approximately $318,400.