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Drakes Branch town, Virginia Demographics & Population 2026

High PovertyPoverty rate of 28.8% is well above the state average

As of 2026, Drakes Branch town, Virginia has a total population of 475, the 481st largest city in Virginia, with a median household income of $19,620, which is 78% lower than the state average. The poverty rate is 28.8%.

Key Takeaways

Drakes Branch town Quick Facts

Population 475
Median Household Income $19,620
Median Home Value $119,100
Poverty Rate 28.8%
Unemployment Rate 0.0%
Median Age 50.5 years
Homeownership Rate 58.7%
Affordability Ratio 6.1x
Bachelor's Degree or Higher 14.6%
High School Graduation Rate 76.7%
Diversity Index 53/100
Population 475 481st of 681
Median Income $19,620 bottom 10%
Poverty Rate 28.8% 132% higher national
Median Home Value $119,100 bottom 20%

How Drakes Branch town Compares

Economy & Housing

Employment

0.0% Unemployment Rate State: 4.3% | National: 5.2%
40.2% Labor Force Participation

Housing Overview

Owner 58.7%
Renter 41.3%
Affordability Index Expensive
6.1x home value to income ratio

People & Demographics

Diversity Index

53out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 60 | National average: 60

Education

Drakes Branch town Rankings in Virginia

#481 Population of 681
#577 Median Income of 681
#506 Education of 681
#506 Home Value of 681

Cities Similar to Drakes Branch town

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Horntown CDP479N/A$138,00031.9%37.8%
Gasburg CDP501N/A$232,40027.0%27.7%
Chase Crossing CDP450N/AN/A0.0%66.2%
Atlantic CDP436N/A$244,30021.5%9.5%
Big Stone Gap East CDP430N/A$168,10011.9%30.2%

Population Overview

Drakes Branch town is a small community located in Virginia. The total population is 475. It ranks as the 481st most populous out of 681 cities and towns in Virginia.

Age Demographics

The median age in Drakes Branch town is 50.5 years. This is 30% higher than the state median of 38.8 years. Only 11.6% of residents are under 18, indicating fewer families with children. 16.0% 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 Drakes Branch town is $19,620. This is 78% lower than the state median of $90,974. Compared to the national median of $78,538, household income here is 75% lower. The poverty rate stands at 28.8%. This is 191% higher than the state poverty rate of 9.9%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 0.0%. This is 100% lower than the state rate of 4.3%. The median home value is $119,100. Housing costs are 67% lower than the state median of $360,700. The home-value-to-income ratio of 6.1x suggests that housing affordability is a significant concern for many residents. 58.7% of occupied housing units are owner-occupied. This homeownership rate is 13% lower than the state average of 67.2%.

Race & Ethnicity

The largest racial or ethnic group in Drakes Branch town is White (non-Hispanic), making up 52.0% of the population. Black or African American residents account for 44.2%. The Black or African American population is significantly higher than the state average (44.2% vs 18.4%). The Hispanic or Latino population (0.2%) is well below the state average of 10.7%.

Education

14.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 65% 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 76.7%.

Data Sources & Methodology

All demographic data for Drakes Branch 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 Drakes Branch town, Virginia?

Drakes Branch town, Virginia has a population of 475 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Drakes Branch town, VA?

The median household income in Drakes Branch town is $19,620, which is 75% lower the national median of $78,538.

What is the poverty rate in Drakes Branch town, VA?

The poverty rate in Drakes Branch town is 28.8%. This means approximately 137 residents live below the federal poverty line.

What is the racial makeup of Drakes Branch town, Virginia?

Drakes Branch town's population is 52.0% White, 44.2% Black, 0.2% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Drakes Branch town, VA?

The median home value in Drakes Branch town is $119,100. The home-value-to-income ratio is 6.1x.

How educated is Drakes Branch town, Virginia?

14.6% of adults (25+) in Drakes Branch town hold a bachelor's degree or higher, and 9.7% hold a graduate or professional degree.