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Chincoteague, Virginia Demographics & Population 2026

During the 2020–2024 ACS period, Chincoteague, Virginia had a total population of 3,296, the 236th largest town in Virginia, with a median household income of $62,917, which is 32% lower than the state average. The poverty rate is 10.2%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Chincoteague Quick Facts

Population 3,296
Median Household Income $62,917
Median Home Value $349,500
Poverty Rate 10.2%
Unemployment Rate 6.6%
Median Age 57.4 years
Homeownership Rate 78.3%
Affordability Ratio 5.6x
Bachelor's Degree or Higher 38.0%
High School Graduation Rate 94.5%
Diversity Index 7/100
Population 3,296 236th of 681
Median Income $62,917 below average
Poverty Rate 10.2% 18% lower than national
Median Home Value $349,500 above average

How Chincoteague Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population3,3003,296-0.1%
Median household income$62,292$62,917+1.0%
Median home value$329,200$349,500+6.2%

How Chincoteague Compares

Economy & Housing

Household Income Distribution

Under $25K 11.9%
$25K-$50K 29.5%
$50K-$100K 29.8%
$100K+ 28.8%
Detailed income brackets
Under $10K
5.4%
$10K-$15K
0.4%
$15K-$20K
2.9%
$20K-$25K
3.3%
$25K-$30K
8.3%
$30K-$35K
7.5%
$35K-$40K
2.1%
$40K-$45K
6.3%
$45K-$50K
5.3%
$50K-$60K
6.7%
$60K-$75K
12.2%
$75K-$100K
11.0%
$100K-$125K
6.8%
$125K-$150K
6.7%
$150K-$200K
10.2%
$200K+
5.1%

Employment

6.6% Unemployment Rate State: 4.3%|National: 5.2%
46.8% Labor Force Participation

Housing Overview

Owner 78.3%
Renter 21.7%
Affordability Index Expensive
5.6x home value to income ratio
Median gross rent $1,081/mo 20.6% of median household income annually

People & Demographics

Diversity Index

7out of 100
Very Low Diversity

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

State average: 61 | National average: 61

Education

Chincoteague Rankings in Virginia

#236 Population of 681
#358 Median Income of 585
#226 Education of 680
#213 Home Value of 580

Other Cities in Accomack County

CityPopulationMedian IncomePovertyHome Value
Captains Cove 1,542 $110,156 0.0% $267,700
Wattsville 1,439 $69,380 8.1% $184,700
Onancock 1,433 $54,500 21.3% $294,400
Accomac 948 $45,986 9.6% $251,500
Parksley 867 $76,875 5.2% $163,100
Pastoria 863 $46,884 6.6% $116,200
Belle Haven 836 $62,917 6.9% $183,000
Onley 678 $57,837 8.6% $323,100
Nelsonia 608 $88,685 12.7% $136,200
Bloxom 571 $66,875 7.7% $133,300

Cities Similar to Chincoteague

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Blackstone3,341$54,570$140,90017.6%26.6%
Elkton3,006$62,031$246,80017.6%9.9%
Gloucester Courthouse3,336$75,341$381,50027.8%8.3%
Timberville3,036$59,909$231,0009.5%17.1%
Altavista3,342$51,349$142,90027.7%11.9%

Population Overview

Chincoteague is a small community located in Virginia, within Accomack County. The total population is 3,296. It ranks as the 236th most populous out of 681 Census-designated places in Virginia.

Age Demographics

The median age in Chincoteague is 57.4 years. This is 47% higher than the state median of 39.0 years. Only 13.9% of residents are under 18, indicating fewer families with children. 15.9% 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 is $62,917. This is 32% lower than the state median of $93,170. It is also 22% lower than the national median of $80,734. The poverty rate stands at 10.2%. This is 3% higher than the state poverty rate of 9.9%. The unemployment rate is 6.6%. This is 54% higher than the state rate of 4.3%. The median home value is $349,500. Housing costs are 9% lower than the state median of $383,700. The home-value-to-income ratio is 5.6x. 78.3% of occupied housing units are owner-occupied. This homeownership rate is 16% higher than the state average of 67.3%.

Race & Ethnicity

Chincoteague has a predominantly White (non-Hispanic) population, comprising 96.2% of all residents. Hispanic or Latino residents account for 1.3%. The White (non-Hispanic) population is significantly higher than the state average (96.2% vs 58.4%). The Hispanic or Latino population (1.3%) is well below the state average of 11.0%.

Education

38.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 10% lower than the state rate of 42.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.5%. Notably, 16.5% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Chincoteague, Virginia is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Chincoteague, Virginia?

Chincoteague, Virginia has a population of 3,296 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Chincoteague, VA?

The median household income in Chincoteague is $62,917, which is 22% lower than the national median of $80,734.

What is the poverty rate in Chincoteague, VA?

The poverty rate in Chincoteague is 10.2%. This means approximately 334 residents live below the federal poverty line.

What is the racial makeup of Chincoteague, Virginia?

Chincoteague's population is 96.2% White, 0.0% Black, 1.3% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Chincoteague, VA?

The median home value in Chincoteague is $349,500. The home-value-to-income ratio is 5.6x.

How educated is Chincoteague, Virginia?

38.0% of adults (25+) in Chincoteague hold a bachelor's degree or higher, and 16.5% hold a graduate or professional degree.