Timberville, VA Profile: Facts & Data (2024)

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Timberville, Virginia - Basic Facts

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The Town of Timbervillehada population of 2,943 as of July 1, 2023.Timberville ranks inthe upper quartile for Population Densitywhen compared to the other cities, towns and Census Designated Places (CDPs) in Virginia. See peer rankings below.

The primary coordinate point for Timberville is located at latitude 38.639 and longitude-78.7739 in Rockingham County.The formal boundaries for the Town of Timberville encompass a land area of 1.27 sq. miles and a water area of 0.02 sq. miles.Rockingham County is in the Eastern time zone (GMT -5).

The Town of Timberville has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.


Jump to... (On This Page!)

  1. Timberville 2023 Demographic Data
  2. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Virginia Data Comparison Tool - 2023 Demographics

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Timberville, VA Data & Demographics (As of July 1, 2023)

POPULATION

Total Population2,943 (100%)
Population in Households2,895 (98.4%)
Population in Families2,363 (80.3%)
Population in Group Quarters148 ( 1.6%)
Population Density2,202
Diversity Index239

INCOME

Median Household Income$66,653
Average Household Income$78,220
% of Income for Mortgage4 21%
Per Capita Income$30,636
Wealth Index5 56
Socioeconomic Status Index6Moderate (49.6)

HOUSING

Total HU (Housing Units)1,207 (100%)
Owner Occupied HU788 (65.3%)
Renter Occupied HU364 (30.2%)
Vacant Housing Units55 ( 4.6%)
Median Home Value$229,381
Average Home Value$295,495
Housing Affordability Index3122

HOUSEHOLDS

Total Households1,152
Average Household Size 2.51
Family Households757
Average Family Size 3.00

NOTES

  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-20232023-2028
Population -0.21% 0.06%
Households 0.16% 0.17%
Families 0.16%
Median Household Income 2.82%
Per Capita Income 2.55%
Owner Occupied HU 0.92%

Timberville, VA - Peer Comparisons by Rank and Percentile

The table below compares Timberville to the other 672 incorporated cities, towns and CDPs in Virginia by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable DescriptionRankPercentile
Total Population# 24364th
Population Density# 14279th
Median Household Income# 29556th
Housing Affordability Index# 47571st
Per Capita Income# 43336th
Diversity Index# 42937th

Additional comparisons and rankings can be made with a VERY EASY TO USE Virginia Census Data Comparison Tool.

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Timberville, VA Profile: Facts & Data (2024)
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