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Chincoteague town, Virginia Demographics & Population 2026

As of 2026, Chincoteague town, Virginia has a total population of 3,300, the 233rd largest city in Virginia, with a median household income of $62,292, which is 32% lower than the state average. The poverty rate is 10.6%.

Key Takeaways

Chincoteague town Quick Facts

Population 3,300
Median Household Income $62,292
Median Home Value $329,200
Poverty Rate 10.6%
Unemployment Rate 8.3%
Median Age 56.8 years
Homeownership Rate 74.5%
Affordability Ratio 5.3x
Bachelor's Degree or Higher 37.2%
High School Graduation Rate 94.6%
Diversity Index 13/100
Population 3,300 233rd of 681
Median Income $62,292 average
Poverty Rate 10.6% 15% lower national
Median Home Value $329,200 above average

How Chincoteague town Compares

Economy & Housing

Employment

8.3% Unemployment Rate State: 4.3% | National: 5.2%
49.3% Labor Force Participation

Housing Overview

Owner 74.5%
Renter 25.5%
Affordability Index Expensive
5.3x home value to income ratio

People & Demographics

Diversity Index

13out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 60 | National average: 60

Education

Chincoteague town Rankings in Virginia

#233 Population of 681
#349 Median Income of 681
#231 Education of 681
#208 Home Value of 681

Cities Similar to Chincoteague town

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Blackstone town3,341$58,479$185,60020.3%27.7%
Lebanon town3,133$57,578$161,90017.7%16.8%
Shenandoah town3,131$68,594$187,3006.8%15.3%
Elkton town2,973$61,385$232,30016.1%7.6%
Cloverdale CDP3,095$71,929$338,00028.3%5.0%

Population Overview

Chincoteague town is a small community located in Virginia. The total population is 3,300. It ranks as the 233rd most populous out of 681 cities and towns in Virginia.

Age Demographics

The median age in Chincoteague town is 56.8 years. This is 46% higher than the state median of 38.8 years. 14.4% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Chincoteague town is $62,292. This is 32% lower than the state median of $90,974. Compared to the national median of $78,538, household income here is 21% lower. The poverty rate stands at 10.6%. This is 6% higher than the state poverty rate of 9.9%. The unemployment rate is 8.3%. This is 93% higher than the state rate of 4.3%. The median home value is $329,200. Housing costs are 9% lower than the state median of $360,700. The home-value-to-income ratio is 5.3x. 74.5% of occupied housing units are owner-occupied. This homeownership rate is 11% higher than the state average of 67.2%.

Race & Ethnicity

Chincoteague town has a predominantly White (non-Hispanic) population, comprising 93.2% of all residents. Hispanic or Latino residents account for 2.0%. The White (non-Hispanic) population is significantly higher than the state average (93.2% vs 59.0%). The Hispanic or Latino population (2.0%) is well below the state average of 10.7%.

Education

37.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 10% lower than the state rate of 41.5%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.6%. Notably, 15.2% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Chincoteague town, Virginia is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Virginia state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 681 Census-designated places in Virginia. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Chincoteague town, Virginia?

Chincoteague town, Virginia has a population of 3,300 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Chincoteague town, VA?

The median household income in Chincoteague town is $62,292, which is 21% lower the national median of $78,538.

What is the poverty rate in Chincoteague town, VA?

The poverty rate in Chincoteague town is 10.6%. This means approximately 348 residents live below the federal poverty line.

What is the racial makeup of Chincoteague town, Virginia?

Chincoteague town's population is 93.2% White, 0.0% Black, 2.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Chincoteague town, VA?

The median home value in Chincoteague town is $329,200. The home-value-to-income ratio is 5.3x.

How educated is Chincoteague town, Virginia?

37.2% of adults (25+) in Chincoteague town hold a bachelor's degree or higher, and 15.2% hold a graduate or professional degree.