What is the median home price in Big Stone Gap?

The median home price in Big Stone Gap, Big Stone Gap town, Virginia is $163,000, which is 42% below the national average of 281,900 ($281,900).

Is Big Stone Gap safe?

Big Stone Gap, Big Stone Gap town, Virginia has a violent crime rate of 1.4 per 1,000 residents, which is 61% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 5.8 per 1,000 residents.

What is the median household income in Big Stone Gap?

The median household income in Big Stone Gap, Big Stone Gap town, Virginia is $52,663, which is 29% below the national average of 74,580 ($74,580).

What is the average rent in Big Stone Gap?

The median rent in Big Stone Gap, Big Stone Gap town, Virginia is $777 per month. The national average median rent is $1,163/month.

What is the population of Big Stone Gap?

The population of Big Stone Gap, Big Stone Gap town, Virginia is approximately 5,221. The homeownership rate is 49.4% (national average: 65.9%).

What is the unemployment rate in Big Stone Gap?

The unemployment rate in Big Stone Gap, Big Stone Gap town, Virginia is 11.7%. The national average unemployment rate is 3.7%. The poverty rate is 16.4% (national average: 12.4%).

Big Stone Gap

Big Stone Gap town, Virginia

Affordable

About Big Stone Gap

Big Stone Gap, nestled in the heart of Virginia's Appalachian Mountains, offers a refreshingly different pace of life, especially for those seeking affordability and community. Here, the median home value of $163,000 is a world away from the national average, making homeownership a realistic dream. Imagine owning a charming house without the crushing financial burden! The town’s 5,221 residents enjoy a tight-knit atmosphere, where neighbors know each other and the emphasis is on a simpler, more connected existence. While the median household income of $52,663 is below the national average, the lower cost of living provides a comfortable lifestyle, especially when you factor in the natural beauty surrounding you.

From an investment perspective, Big Stone Gap presents a compelling case for those seeking value. The housing market is stable, and the town's low crime rates contribute to a secure environment for families and retirees alike. While specific employment figures are not available, the town's proximity to larger regional centers offers opportunities for those seeking work. Big Stone Gap is ideally suited for those looking to escape the hustle of city life and embrace a more relaxed lifestyle without sacrificing access to modern amenities. If you value affordability, safety, and the charm of a close-knit community, Big Stone Gap could be the perfect place to call home.

Big Stone Gap, Virginia at a Glance

Big Stone Gap is a city in Big Stone Gap town, Virginia with a population of approximately 5,221. The median home value is $163,000 and the median household income is $52,663.. The violent crime rate is 1.4 per 1,000 residents, which is 61% below the national average.. Median rent is $777 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.