What is the median home price in Marion?

The median home price in Marion, Marion town, Virginia is $151,200, which is 46% below the national average of 281,900 ($281,900).

Marion, Marion 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 Marion?

The median household income in Marion, Marion town, Virginia is $37,337, which is 50% below the national average of 74,580 ($74,580).

What is the average rent in Marion?

The median rent in Marion, Marion town, Virginia is $683 per month. The national average median rent is $1,163/month.

What is the population of Marion?

The population of Marion, Marion town, Virginia is approximately 5,722. The homeownership rate is 50.1% (national average: 65.9%).

What is the unemployment rate in Marion?

The unemployment rate in Marion, Marion town, Virginia is 5.1%. The national average unemployment rate is 3.7%. The poverty rate is 20.7% (national average: 12.4%).

Marion

Marion town, Virginia

Affordable

About Marion

Nestled in the heart of Southwest Virginia, Marion offers a refreshing alternative for those seeking a tranquil and budget-friendly lifestyle. Imagine a place where the pace is slower, the community tight-knit, and the cost of living remarkably low. With a median home value of just $151,200, Marion presents a stark contrast to the national average, making homeownership an achievable dream. The town's population of 5,722 residents contributes to its welcoming atmosphere, where neighbors know each other and the simple pleasures of life are cherished. It is a place where you can relax and truly enjoy the beauty of the surrounding Blue Ridge Mountains.

From an investment standpoint, Marion offers compelling opportunities. While the median household income of $37,337 is below the national average, the town's affordability makes it an attractive destination for first-time homebuyers, retirees, and those seeking a peaceful escape. The housing market is stable, and the demand is steady, promising a sound investment for those looking to put down roots. Marion is well-suited for individuals and families who value community, safety, and a simpler way of life.

Marion, Virginia at a Glance

Marion is a city in Marion town, Virginia with a population of approximately 5,722. The median home value is $151,200 and the median household income is $37,337.. The violent crime rate is 1.4 per 1,000 residents, which is 61% below the national average.. Median rent is $683 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.