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Parksley, Virginia Demographics & Population 2026

During the 2020–2024 ACS period, Parksley, Virginia had a total population of 867, the 403rd largest town in Virginia, with a median household income of $76,875, which is 17% lower than the state average. The poverty rate is 5.2%.

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

Key Takeaways

Parksley Quick Facts

Population 867
Median Household Income $76,875
Median Home Value $163,100
Poverty Rate 5.2%
Unemployment Rate 2.2%
Median Age 37.0 years
Homeownership Rate 62.5%
Affordability Ratio 2.1x
Bachelor's Degree or Higher 21.4%
High School Graduation Rate 77.8%
Diversity Index 62/100
Population 867 403rd of 681
Median Income $76,875 average
Poverty Rate 5.2% 58% lower than national
Median Home Value $163,100 bottom 30%

How Parksley 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
Population782867+10.9%
Median household income$81,250$76,875-5.4%
Median home value$160,400$163,100+1.7%

How Parksley Compares

Economy & Housing

Household Income Distribution

Under $25K 9.4%
$25K-$50K 22.4%
$50K-$100K 27.5%
$100K+ 40.8%
Detailed income brackets
Under $10K
0.0%
$10K-$15K
4.5%
$15K-$20K
3.0%
$20K-$25K
1.8%
$25K-$30K
1.8%
$30K-$35K
9.1%
$35K-$40K
3.3%
$40K-$45K
7.0%
$45K-$50K
1.2%
$50K-$60K
5.1%
$60K-$75K
10.9%
$75K-$100K
11.5%
$100K-$125K
13.9%
$125K-$150K
15.1%
$150K-$200K
9.1%
$200K+
2.7%

Employment

2.2% Unemployment Rate State: 4.3%|National: 5.2%
61.2% Labor Force Participation

Housing Overview

Owner 62.5%
Renter 37.5%
Affordability Index Very Affordable
2.1x home value to income ratio
Median gross rent $1,012/mo 15.8% of median household income annually

People & Demographics

Diversity Index

62out of 100
High Diversity

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

State average: 61 | National average: 61

Education

Parksley Rankings in Virginia

#403 Population of 681
#269 Median Income of 585
#418 Education of 680
#437 Home Value of 580

Other Cities in Accomack County

CityPopulationMedian IncomePovertyHome Value
Chincoteague 3,296 $62,917 10.2% $349,500
Captains Cove 1,542 $110,156 0.0% $267,700
Wattsville 1,439 $69,380 8.1% $184,700
Onancock 1,433 $54,500 21.3% $294,400
Accomac 948 $45,986 9.6% $251,500
Pastoria 863 $46,884 6.6% $116,200
Belle Haven 836 $62,917 6.9% $183,000
Onley 678 $57,837 8.6% $323,100
Nelsonia 608 $88,685 12.7% $136,200
Bloxom 571 $66,875 7.7% $133,300

Cities Similar to Parksley

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%
Fincastle858$72,609$257,50032.4%22.1%
Arrington915N/A$220,60041.0%20.8%
Springville841$70,117N/A13.2%16.9%

A note before these figures: with a population of 867, Parksley'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

Parksley is a small community located in Virginia, within Accomack County. The total population is 867. It ranks as the 403rd most populous out of 681 Census-designated places in Virginia.

Age Demographics

The median age in Parksley is 37.0 years. This is 5% lower than the state median of 39.0 years. With 30.0% of the population under 18, Parksley has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Parksley is $76,875. This is 17% lower than the state median of $93,170. It is also 5% lower than the national median of $80,734. The poverty rate stands at 5.2%. This is 48% lower than the state poverty rate of 9.9%. The unemployment rate is 2.2%. This is 48% lower than the state rate of 4.3%. The median home value is $163,100. Housing costs are 57% lower than the state median of $383,700. With a home-value-to-income ratio of just 2.1x, Parksley is one of the most affordable housing markets in the area. 62.5% of occupied housing units are owner-occupied. This homeownership rate is 7% lower than the state average of 67.3%.

Race & Ethnicity

The largest racial or ethnic group in Parksley is Black or African American, making up 46.9% of the population. White (non-Hispanic) residents account for 36.6%. The Black or African American population is significantly higher than the state average (46.9% vs 18.3%). The Asian population (0.1%) is well below the state average of 6.9%.

Education

21.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 49% 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 77.8%.

Data Sources & Methodology

All demographic data for Parksley, 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 Parksley, Virginia?

Parksley, Virginia has a population of 867 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Parksley, VA?

The median household income in Parksley is $76,875, which is 5% lower than the national median of $80,734.

What is the poverty rate in Parksley, VA?

The poverty rate in Parksley is 5.2%. This means approximately 45 residents live below the federal poverty line.

What is the racial makeup of Parksley, Virginia?

Parksley's population is 36.6% White, 46.9% Black, 14.9% Hispanic/Latino, and 0.1% Asian.

What is the median home value in Parksley, VA?

The median home value in Parksley is $163,100. The home-value-to-income ratio is 2.1x.

How educated is Parksley, Virginia?

21.4% of adults (25+) in Parksley hold a bachelor's degree or higher, and 5.0% hold a graduate or professional degree.