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Parksley town, Virginia Demographics & Population 2026

Very AffordableHome value to income ratio of 2.0x is exceptionally low
Highly DiverseNo single racial/ethnic group makes up a majority of the population

As of 2026, Parksley town, Virginia has a total population of 782, the 416th largest city in Virginia, with a median household income of $81,250, which is 11% lower than the state average. The poverty rate is 5.0%.

Key Takeaways

Parksley town Quick Facts

Population 782
Median Household Income $81,250
Median Home Value $160,400
Poverty Rate 5.0%
Unemployment Rate 3.2%
Median Age 43.8 years
Homeownership Rate 59.1%
Affordability Ratio 2.0x
Bachelor's Degree or Higher 28.6%
High School Graduation Rate 80.3%
Diversity Index 63/100
Population 782 416th of 681
Median Income $81,250 average
Poverty Rate 5.0% 60% lower national
Median Home Value $160,400 bottom 30%

How Parksley town Compares

Economy & Housing

Employment

3.2% Unemployment Rate State: 4.3% | National: 5.2%
61.2% Labor Force Participation

Housing Overview

Owner 59.1%
Renter 40.9%
Affordability Index Very Affordable
2.0x home value to income ratio

People & Demographics

Diversity Index

63out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 60 | National average: 60

Education

Parksley town Rankings in Virginia

#416 Population of 681
#247 Median Income of 681
#314 Education of 681
#431 Home Value of 681

Cities Similar to Parksley town

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
East Stone Gap CDP792N/A$113,8000.0%0.0%
Fort Chiswell CDP770$85,147$191,7008.5%4.9%
Shenandoah Shores CDP783$92,813$282,00034.1%20.2%
Blue Ridge Shores CDP853$87,813$237,70013.4%4.7%
Jarratt town888$80,833$157,20028.1%10.3%

Population Overview

Parksley town is a small community located in Virginia. The total population is 782. It ranks as the 416th most populous out of 681 cities and towns in Virginia.

Age Demographics

The median age in Parksley town is 43.8 years. This is 13% higher than the state median of 38.8 years.

Economy, Income & Housing

The median household income in Parksley town is $81,250. This is 11% lower than the state median of $90,974. Compared to the national median of $78,538, household income here is 3% higher. The poverty rate stands at 5.0%. This is 50% lower than the state poverty rate of 9.9%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 3.2%. This is 26% lower than the state rate of 4.3%. The median home value is $160,400. Housing costs are 56% lower than the state median of $360,700. With a home-value-to-income ratio of just 2.0x, Parksley town is one of the most affordable housing markets in the area. 59.1% of occupied housing units are owner-occupied. This homeownership rate is 12% lower than the state average of 67.2%.

Race & Ethnicity

Parksley town is a highly diverse community where no single racial or ethnic group constitutes a majority of the population. Black or African American residents account for 40.3%. The Black or African American population is significantly higher than the state average (40.3% vs 18.4%). The Asian population (0.1%) is well below the state average of 6.8%.

Education

28.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 31% 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 80.3%.

Data Sources & Methodology

All demographic data for Parksley 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.

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Frequently Asked Questions

What is the population of Parksley town, Virginia?

Parksley town, Virginia has a population of 782 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Parksley town, VA?

The median household income in Parksley town is $81,250, which is 3% higher the national median of $78,538.

What is the poverty rate in Parksley town, VA?

The poverty rate in Parksley town is 5.0%. This means approximately 39 residents live below the federal poverty line.

What is the racial makeup of Parksley town, Virginia?

Parksley town's population is 43.9% White, 40.3% Black, 13.8% Hispanic/Latino, and 0.1% Asian.

What is the median home value in Parksley town, VA?

The median home value in Parksley town is $160,400. The home-value-to-income ratio is 2.0x.

How educated is Parksley town, Virginia?

28.6% of adults (25+) in Parksley town hold a bachelor's degree or higher, and 8.3% hold a graduate or professional degree.