Honaker town, Virginia Demographics & Population 2026

Population Overview

Honaker town is a small community located in Virginia. The total population is 1,218. It ranks as the 353rd most populous out of 681 cities and towns in Virginia.

Age Demographics

The median age in Honaker town is 40.5 years. This is 4% higher than the state median of 38.8 years. 10.6% 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 Honaker town is $44,107. This is 52% lower than the state median of $90,974. Compared to the national median of $78,538, household income here is 44% lower. The poverty rate stands at 22.7%. This is 129% 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 1.3%. This is 70% lower than the state rate of 4.3%. The median home value is $91,700. Housing costs are 75% lower than the state median of $360,700. With a home-value-to-income ratio of just 2.1x, Honaker town is one of the most affordable housing markets in the area. 67.7% of occupied housing units are owner-occupied.

Race & Ethnicity

Honaker town has a predominantly White (non-Hispanic) population, comprising 95.2% of all residents. Hispanic or Latino residents account for 2.0%. The White (non-Hispanic) population is significantly higher than the state average (95.2% vs 59.0%). The Black or African American population (0.2%) is well below the state average of 18.4%. The Hispanic or Latino population (2.0%) is well below the state average of 10.7%.

Education

5.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 86% 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 78.5%.

Data Sources & Methodology

All demographic data for Honaker 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.