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Fincastle, Virginia Demographics & Population 2026

During the 2020–2024 ACS period, Fincastle, Virginia had a total population of 858, the 406th largest town in Virginia, with a median household income of $72,609, which is 22% lower than the state average. The poverty rate is 22.1%.

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

Key Takeaways

Fincastle Quick Facts

Population 858
Median Household Income $72,609
Median Home Value $257,500
Poverty Rate 22.1%
Unemployment Rate 0.9%
Median Age 36.4 years
Homeownership Rate 65.0%
Affordability Ratio 3.5x
Bachelor's Degree or Higher 32.4%
High School Graduation Rate 87.0%
Diversity Index 36/100
Population 858 406th of 681
Median Income $72,609 average
Poverty Rate 22.1% 78% higher than national
Median Home Value $257,500 average

How Fincastle 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
Population636858+34.9%
Median household income$63,750$72,609+13.9%
Median home value$276,200$257,500-6.8%

How Fincastle Compares

Economy & Housing

Household Income Distribution

Under $25K 13.5%
$25K-$50K 15.0%
$50K-$100K 45.3%
$100K+ 26.3%
Detailed income brackets
Under $10K
0.7%
$10K-$15K
5.8%
$15K-$20K
4.7%
$20K-$25K
2.2%
$25K-$30K
1.1%
$30K-$35K
1.8%
$35K-$40K
0.0%
$40K-$45K
9.1%
$45K-$50K
2.9%
$50K-$60K
6.2%
$60K-$75K
23.4%
$75K-$100K
15.7%
$100K-$125K
2.5%
$125K-$150K
11.7%
$150K-$200K
7.7%
$200K+
4.4%

Employment

0.9% Unemployment Rate State: 4.3%|National: 5.2%
49.6% Labor Force Participation

Housing Overview

Owner 65.0%
Renter 35.0%
Affordability Index Affordable
3.5x home value to income ratio
Median gross rent $945/mo 15.6% of median household income annually

People & Demographics

Diversity Index

36out of 100
Low Diversity

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

State average: 61 | National average: 61

Education

Fincastle Rankings in Virginia

#406 Population of 681
#301 Median Income of 585
#283 Education of 680
#311 Home Value of 580

Other Cities in Botetourt County

CityPopulationMedian IncomePovertyHome Value
Daleville 3,797 $103,056 5.5% $370,100
Cloverdale 3,208 $79,975 6.9% $359,900
Blue Ridge 2,800 $75,871 2.5% $274,500
Laymantown 1,626 $88,401 1.2% $285,200
Buchanan 1,367 $54,226 17.9% $187,500
Troutville 475 $63,750 5.7% $221,000
Eagle Rock 67 $67,159 0.0% $108,000
Glen Wilton 66 N/A 0.0% N/A

Cities Similar to Fincastle

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Cluster Springs859$76,125$133,30019.6%2.0%
Meadowview871$74,318$171,30015.7%7.5%
Springville841$70,117N/A13.2%16.9%
Parksley867$76,875$163,10021.4%5.2%
Arrington915N/A$220,60041.0%20.8%

A note before these figures: with a population of 858, Fincastle'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

Fincastle is a small community located in Virginia, within Botetourt County. The total population is 858. It ranks as the 406th most populous out of 681 Census-designated places in Virginia.

Age Demographics

The median age in Fincastle is 36.4 years. This is 7% lower than the state median of 39.0 years. 10.0% 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 Fincastle is $72,609. This is 22% lower than the state median of $93,170. It is also 10% lower than the national median of $80,734. The poverty rate stands at 22.1%. This is 124% 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 0.9%. This is 79% lower than the state rate of 4.3%. The median home value is $257,500. Housing costs are 33% lower than the state median of $383,700. The home-value-to-income ratio is 3.5x. 65.0% of occupied housing units are owner-occupied. This homeownership rate is 4% lower than the state average of 67.3%.

Race & Ethnicity

The largest racial or ethnic group in Fincastle is White (non-Hispanic), making up 79.0% of the population. Black or African American residents account for 12.6%. The Hispanic or Latino population (1.5%) is well below the state average of 11.0%. The Asian population (2.6%) is well below the state average of 6.9%.

Education

32.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 23% 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 87.0%. Notably, 15.5% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Fincastle, 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 Fincastle, Virginia?

Fincastle, Virginia has a population of 858 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Fincastle, VA?

The median household income in Fincastle is $72,609, which is 10% lower than the national median of $80,734.

What is the poverty rate in Fincastle, VA?

The poverty rate in Fincastle is 22.1%. This means approximately 152 residents live below the federal poverty line.

What is the racial makeup of Fincastle, Virginia?

Fincastle's population is 79.0% White, 12.6% Black, 1.5% Hispanic/Latino, and 2.6% Asian.

What is the median home value in Fincastle, VA?

The median home value in Fincastle is $257,500. The home-value-to-income ratio is 3.5x.

How educated is Fincastle, Virginia?

32.4% of adults (25+) in Fincastle hold a bachelor's degree or higher, and 15.5% hold a graduate or professional degree.