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Fancy Gap, Virginia Demographics & Population 2026

During the 2020–2024 ACS period, Fancy Gap, Virginia had a total population of 214, the 572nd largest community in Virginia, with a median household income of $98,798, which is 6% higher than the state average. The poverty rate is 0.0%.

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

Key Takeaways

Fancy Gap Quick Facts

Population 214
Median Household Income $98,798
Median Home Value N/A
Poverty Rate 0.0%
Unemployment Rate 0.0%
Median Age 57.8 years
Homeownership Rate 42.2%
Affordability Ratio N/A
Bachelor's Degree or Higher 5.6%
High School Graduation Rate 100.0%
Diversity Index 0/100
Population 214 572nd of 681
Median Income $98,798 above average
Poverty Rate 0.0%
Median Home Value N/A

How Fancy Gap 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
Population243214-11.9%

How Fancy Gap Compares

Economy & Housing

Household Income Distribution

Under $25K 0.0%
$25K-$50K 0.0%
$50K-$100K 77.8%
$100K+ 22.2%
Detailed income brackets
Under $10K
0.0%
$10K-$15K
0.0%
$15K-$20K
0.0%
$20K-$25K
0.0%
$25K-$30K
0.0%
$30K-$35K
0.0%
$35K-$40K
0.0%
$40K-$45K
0.0%
$45K-$50K
0.0%
$50K-$60K
0.0%
$60K-$75K
0.0%
$75K-$100K
77.8%
$100K-$125K
10.0%
$125K-$150K
0.0%
$150K-$200K
12.2%
$200K+
0.0%

Employment

0.0% Unemployment Rate State: 4.3%|National: 5.2%
51.8% Labor Force Participation

Housing Overview

Owner 42.2%
Renter 57.8%

People & Demographics

Diversity Index

0out 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

Fancy Gap Rankings in Virginia

#572 Population of 681
#185 Median Income of 585
#609 Education of 680
N/A Home Value of 580

Other Cities in Carroll County

CityPopulationMedian IncomePovertyHome Value
Hillsville 2,864 $58,000 22.4% $159,000
Woodlawn (Carroll County) 2,250 $78,405 7.6% $146,700
Cana 964 $61,607 15.3% $129,700
Hilltown 302 N/A 0.0% $110,900

Cities Similar to Fancy Gap

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Saxis218N/A$98,4004.1%41.7%
Waterford220N/A$1,079,700100.0%0.0%
Pounding Mill222N/AN/A8.0%4.0%
Quinby198N/A$100,70051.0%7.6%
Surry212$85,417$238,50048.3%2.4%

A note before these figures: with a population of 214, Fancy Gap's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Fancy Gap is a small community located in Virginia, within Carroll County. The total population is 214. It ranks as the 572nd most populous out of 681 Census-designated places in Virginia.

Age Demographics

The median age in Fancy Gap is 57.8 years. This is 48% higher than the state median of 39.0 years. Only 7.9% of residents are under 18, indicating fewer families with children. 24.3% 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 Fancy Gap is $98,798. This is 6% higher than the state median of $93,170. It is also 22% higher than the national median of $80,734. The ACS records no residents below the poverty line in Fancy Gap. In a community this small the estimate rests on very few survey responses, so it should be read as an absence of measurement rather than a measured absence of poverty. The survey records no unemployed residents in Fancy Gap, which reflects the size of the sample rather than a labor market without joblessness. 42.2% of occupied housing units are owner-occupied. This homeownership rate is 37% lower than the state average of 67.3%.

Race & Ethnicity

Every resident counted in Fancy Gap was recorded as White (non-Hispanic). A figure of exactly 100.0% reflects a survey sample too small to capture the community's full composition rather than a precise measurement.

Education

5.6% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. This is 87% lower than the state rate of 42.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. No surveyed resident aged 25 or older reported leaving school before earning a high school diploma, though a rate of exactly 100% reflects the limits of a small sample.

Data Sources & Methodology

All demographic data for Fancy Gap, 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 Fancy Gap, Virginia?

Fancy Gap, Virginia has a population of 214 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Fancy Gap, VA?

The median household income in Fancy Gap is $98,798, which is 22% higher than the national median of $80,734.

What is the poverty rate in Fancy Gap, VA?

The ACS sample for Fancy Gap recorded no residents below the federal poverty line. Because the community is small, this indicates that the survey did not capture poverty here rather than that no poverty exists — the estimate carries a wide margin of error.

What is the racial makeup of Fancy Gap, Virginia?

Fancy Gap's population is 100.0% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Fancy Gap, VA?

The Census Bureau does not publish a reliable median home value estimate for Fancy Gap — there are too few owner-occupied homes in the ACS sample. The national median is $332,700.

How educated is Fancy Gap, Virginia?

5.6% of adults (25+) in Fancy Gap hold a bachelor's degree or higher, and 5.6% hold a graduate or professional degree.