Skip to main content

Honaker, Virginia Demographics & Population 2026

High PovertyPoverty rate of 26.5% is well above the state average
Very AffordableHome value to income ratio of 2.1x is exceptionally low

During the 2020–2024 ACS period, Honaker, Virginia had a total population of 1,188, the 361st largest town in Virginia, with a median household income of $44,183, which is 53% lower than the state average. The poverty rate is 26.5%.

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

Key Takeaways

Honaker Quick Facts

Population 1,188
Median Household Income $44,183
Median Home Value $91,600
Poverty Rate 26.5%
Unemployment Rate 0.5%
Median Age 41.5 years
Homeownership Rate 69.6%
Affordability Ratio 2.1x
Bachelor's Degree or Higher 6.2%
High School Graduation Rate 78.5%
Diversity Index 13/100
Population 1,188 361st of 681
Median Income $44,183 bottom 20%
Poverty Rate 26.5% 113% higher than national
Median Home Value $91,600 bottom 10%

How Honaker 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
Population1,2181,188-2.5%
Median household income$44,107$44,183+0.2%
Median home value$91,700$91,600-0.1%

How Honaker Compares

Economy & Housing

Household Income Distribution

Under $25K 37.2%
$25K-$50K 16.0%
$50K-$100K 29.8%
$100K+ 17.0%
Detailed income brackets
Under $10K
7.4%
$10K-$15K
15.6%
$15K-$20K
6.6%
$20K-$25K
7.6%
$25K-$30K
1.4%
$30K-$35K
6.2%
$35K-$40K
0.4%
$40K-$45K
6.4%
$45K-$50K
1.6%
$50K-$60K
13.8%
$60K-$75K
9.8%
$75K-$100K
6.2%
$100K-$125K
7.8%
$125K-$150K
7.4%
$150K-$200K
0.4%
$200K+
1.4%

Employment

0.5% Unemployment Rate State: 4.3%|National: 5.2%
39.7% Labor Force Participation

Housing Overview

Owner 69.6%
Renter 30.4%
Affordability Index Very Affordable
2.1x home value to income ratio
Median gross rent $548/mo 14.9% of median household income annually

People & Demographics

Diversity Index

13out 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

Honaker Rankings in Virginia

#361 Population of 681
#503 Median Income of 585
#601 Education of 680
#558 Home Value of 580

Other Cities in Russell County

CityPopulationMedian IncomePovertyHome Value
Lebanon 3,116 $53,050 17.8% $162,400
Castlewood 1,357 $60,592 10.9% $157,300
Dante 591 $33,696 38.1% $81,400
Cleveland 369 $28,704 48.5% $61,800

Cities Similar to Honaker

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Goochland1,182N/A$485,70051.4%3.4%
Greenville1,183$41,691$199,20018.8%2.2%
Boswell's Corner1,239N/AN/A17.8%3.9%
Brookneal1,300$44,850$135,6009.2%24.8%
Cedar Bluff1,167$37,170$111,80014.6%17.4%

Population Overview

Honaker is a small community located in Virginia, within Russell County. The total population is 1,188. It ranks as the 361st most populous out of 681 Census-designated places in Virginia.

Age Demographics

The median age in Honaker is 41.5 years. This is 6% higher than the state median of 39.0 years. 11.8% 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 is $44,183. This is 53% lower than the state median of $93,170. It is also 45% lower than the national median of $80,734. The poverty rate stands at 26.5%. This is 168% 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 0.5%. This is 88% lower than the state rate of 4.3%. The median home value is $91,600. Housing costs are 76% lower than the state median of $383,700. With a home-value-to-income ratio of just 2.1x, Honaker is one of the most affordable housing markets in the area. 69.6% of occupied housing units are owner-occupied. This homeownership rate is 3% higher than the state average of 67.3%.

Race & Ethnicity

Honaker has a predominantly White (non-Hispanic) population, comprising 93.1% of all residents. Hispanic or Latino residents account for 2.9%. The White (non-Hispanic) population is significantly higher than the state average (93.1% vs 58.4%). The Black or African American population (0.3%) is well below the state average of 18.3%. The Hispanic or Latino population (2.9%) is well below the state average of 11.0%.

Education

6.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 85% 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 78.5%.

Data Sources & Methodology

All demographic data for Honaker, 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.

Free data download: Get all Virginia city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Honaker, Virginia?

Honaker, Virginia has a population of 1,188 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Honaker, VA?

The median household income in Honaker is $44,183, which is 45% lower than the national median of $80,734.

What is the poverty rate in Honaker, VA?

The poverty rate in Honaker is 26.5%. This means approximately 311 residents live below the federal poverty line.

What is the racial makeup of Honaker, Virginia?

Honaker's population is 93.1% White, 0.3% Black, 2.9% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Honaker, VA?

The median home value in Honaker is $91,600. The home-value-to-income ratio is 2.1x.

How educated is Honaker, Virginia?

6.2% of adults (25+) in Honaker hold a bachelor's degree or higher, and 0.9% hold a graduate or professional degree.