According to statistics, the population in Pennington Gap, VA amounts to 1,870, which shows decline -4% compared to the previous year. The median age of the city’s residents is 55. The average household income is $20,164, shifting decline -10% from the past year, and the average property value in Pennington Gap, VA growth 1% to $79,800 throughout the year.
Population | 1,870 |
Median Age | 54.6 |
Poverty Rate | 41% |
Household Income | $20,164 |
Number Of Employees | 437 |
Median Property Value | $79,800 |
The average household income in Pennington Gap, VA declined from $22,355 to $20,164 in the past year. This data is an estimate based upon 812 households in Pennington Gap, VA . The chart below presents how household income is distributed in Pennington Gap, VA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Pennington Gap, VA shifted from $78,900 to $79,800 throughout the year. The subsequent graph indicates the share of properties in the given price range in Pennington Gap, VA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Pennington Gap, VA properties falls in the '$100,000 to $124,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Pennington Gap, VA compared to median property taxes around the country. The prevalent amount of property taxes in Pennington Gap, VA equals $800, which is less than the national average.