Gratton, Virginia Housing

Gratton, Virginia has a population of 601, with a median household income of $44,118.

Current housing data for Gratton.

$171,800

👥

Population

601

💰

Median Income

$44,118

📉

Unemployment

5.80%

🏠

Housing Price

$171,800

🚨

Crime Rate

6.70

🌐

Internet Speed

69.40 Mbps

Gratton is a small local community located in Virginia. The city has a population that is below 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.

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

Population Overview

Gratton has a population of 601, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Gratton is $44,118, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Gratton is about $171,800, making it relatively affordable compared to many cities in Virginia.

Employment and Safety

The unemployment rate in Gratton is 5.80%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Gratton are higher than the state average, which may be a factor for residents to consider.

City Comparison

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

Overall, Gratton offers a balanced mix of economic conditions, population trends, and housing opportunities within Virginia.

Frequently Asked Questions about Gratton

What is the population of Gratton?

The population of Gratton is approximately 601.

Is Gratton a good place to live?

Gratton 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 Gratton?

The median household income in Gratton is around $44,118.

How expensive is housing in Gratton?

The average housing price in Gratton is approximately $171,800.