Hamilton, Virginia Median Income

Hamilton, Virginia has a population of 711, with a median household income of $118,218.

Current median income data for Hamilton.

$118,218

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Population

711

💰

Median Income

$118,218

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Unemployment

2.10%

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Housing Price

$612,800

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Crime Rate

3.50

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Internet Speed

278.40 Mbps

Hamilton 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.

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

Population Overview

Hamilton has a population of 711, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Hamilton is $118,218, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Hamilton average around $612,800, which is relatively high compared to other cities in Virginia.

Employment and Safety

The unemployment rate in Hamilton is 2.10%, which is lower than the state average, indicating a relatively strong job market. Hamilton has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

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

Hamilton continues to play a role in shaping regional trends in Virginia, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Hamilton

What is the population of Hamilton?

The population of Hamilton is approximately 711.

Is Hamilton a good place to live?

Hamilton 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 Hamilton?

The median household income in Hamilton is around $118,218.

How expensive is housing in Hamilton?

The average housing price in Hamilton is approximately $612,800.