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Farmville, Virginia Demographics & Population 2026

During the 2020–2024 ACS period, Farmville, Virginia had a total population of 7,774, the 160th largest town in Virginia, with a median household income of $40,966, which is 56% lower than the state average. The poverty rate is 20.3%.

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

Key Takeaways

Farmville Quick Facts

Population 7,774
Median Household Income $40,966
Median Home Value $238,900
Poverty Rate 20.3%
Unemployment Rate 2.9%
Median Age 24.8 years
Homeownership Rate 36.6%
Affordability Ratio 5.8x
Bachelor's Degree or Higher 34.0%
High School Graduation Rate 89.1%
Diversity Index 52/100
Population 7,774 160th of 681
Median Income $40,966 bottom 20%
Poverty Rate 20.3% 63% higher than national
Median Home Value $238,900 average

How Farmville 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
Population7,6137,774+2.1%
Median household income$40,282$40,966+1.7%
Median home value$223,700$238,900+6.8%

How Farmville Compares

Economy & Housing

Household Income Distribution

Under $25K 28.6%
$25K-$50K 26.6%
$50K-$100K 27.1%
$100K+ 17.8%
Detailed income brackets
Under $10K
14.8%
$10K-$15K
8.4%
$15K-$20K
4.0%
$20K-$25K
1.4%
$25K-$30K
9.0%
$30K-$35K
3.1%
$35K-$40K
7.3%
$40K-$45K
5.1%
$45K-$50K
2.0%
$50K-$60K
8.0%
$60K-$75K
10.6%
$75K-$100K
8.5%
$100K-$125K
6.1%
$125K-$150K
2.0%
$150K-$200K
4.4%
$200K+
5.2%

Employment

2.9% Unemployment Rate State: 4.3%|National: 5.2%
40.8% Labor Force Participation

Housing Overview

Owner 36.6%
Renter 63.4%
Affordability Index Expensive
5.8x home value to income ratio
Median gross rent $859/mo 25.2% of median household income annually

People & Demographics

Diversity Index

52out of 100
Moderate Diversity

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

State average: 61 | National average: 61

Education

Farmville Rankings in Virginia

#160 Population of 681
#524 Median Income of 585
#266 Education of 680
#338 Home Value of 580

Other Cities in Prince Edward County

CityPopulationMedian IncomePovertyHome Value
Hampden-Sydney 1,769 $154,565 0.0% N/A
Pamplin City 275 $68,750 6.9% $124,200

Cities Similar to Farmville

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
South Boston7,853$44,052$171,20021.2%26.9%
Bellwood7,907$47,781$225,30014.0%21.0%
Wytheville8,202$47,270$196,80024.7%21.2%
Montrose8,285$49,550$194,10020.7%19.9%
Galax6,726$38,675$141,30019.1%31.1%

Population Overview

Farmville is a small city located in Virginia, within Prince Edward County. The total population is 7,774. It ranks as the 160th most populous out of 681 Census-designated places in Virginia.

Age Demographics

The median age in Farmville is 24.8 years. This is 36% lower than the state median of 39.0 years. Only 10.1% of residents are under 18, indicating fewer families with children.

Economy, Income & Housing

The median household income in Farmville is $40,966. This is 56% lower than the state median of $93,170. It is also 49% lower than the national median of $80,734. The poverty rate stands at 20.3%. This is 106% 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 2.9%. This is 31% lower than the state rate of 4.3%. The median home value is $238,900. Housing costs are 38% lower than the state median of $383,700. The home-value-to-income ratio is 5.8x. 36.6% of occupied housing units are owner-occupied. This homeownership rate is 46% lower than the state average of 67.3%.

Race & Ethnicity

The largest racial or ethnic group in Farmville is White (non-Hispanic), making up 64.5% of the population. Black or African American residents account for 25.6%. The Hispanic or Latino population (2.4%) is well below the state average of 11.0%. The Asian population (1.5%) is well below the state average of 6.9%.

Education

34.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 19% 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 89.1%. Notably, 18.7% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Farmville, 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 Farmville, Virginia?

Farmville, Virginia has a population of 7,774 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Farmville, VA?

The median household income in Farmville is $40,966, which is 49% lower than the national median of $80,734.

What is the poverty rate in Farmville, VA?

The poverty rate in Farmville is 20.3%. This means approximately 1,092 residents live below the federal poverty line.

What is the racial makeup of Farmville, Virginia?

Farmville's population is 64.5% White, 25.6% Black, 2.4% Hispanic/Latino, and 1.5% Asian.

What is the median home value in Farmville, VA?

The median home value in Farmville is $238,900. The home-value-to-income ratio is 5.8x.

How educated is Farmville, Virginia?

34.0% of adults (25+) in Farmville hold a bachelor's degree or higher, and 18.7% hold a graduate or professional degree.