Median Income
$59,861
household / year
Median Home Value
$275,000
owner-occupied
Median Rent
$863
gross / month
Cost of Living
91
national avg = 100

Is Fincastle, VA a Good Place to Live?

Fincastle is a small town of 621 in Virginia, with a median household income of $59,861 and a 1.3% unemployment rate. Its cost of living index is 91 (US average = 100), which is 9% below the national average.

Strengths: Fincastle stands out for an affordable cost of living, solid school ratings (A-), a well-educated population.

Trade-offs: No major red flags stand out in the available data. Whether Fincastle is right for you depends on your priorities — the full breakdown is below.

All Fincastle city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 90.9

Fincastle's overall cost of living index is 90.9, where 100 represents the US national average. Living in Fincastle costs roughly 9% less than the average American city.

Metric Fincastle, VA National Avg
Median Home Value $275,000 $244,900
Median Monthly Rent $863 $1,163
Homeownership Rate 61.6% 65.9%
Median Household Income $59,861 $74,755

Crime & Safety

Very Safe

Fincastle's violent crime rate is 119.7 per 100,000 residents — 68% lower than the national average of ~380 per 100,000.

Violent Crime
119.7 /100k
Property Crime
613.4 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Fincastle is served primarily by Botetourt County Public Schools. The student-to-teacher ratio is 13.1:1 (better than the national average of ~16:1).

Metric Fincastle, VA National Avg
School District Botetourt County Public Schools
Elementary Schools 7
Middle Schools 2
High Schools 2
Student/Teacher Ratio 13.1:1 16:1
Bachelor's Degree or Higher 36.6% 35.4%
High School Diploma or Higher 86.4% 91.1%

Weather & Climate

Fincastle sees average highs of 46.2°F in January and 86.1°F in July, with 45.7 inches of annual precipitation and 11.4 inches of snow per year.

MetricFincastle, VA
Average High — January46.2°F
Average High — July86.1°F
Annual Precipitation45.7"
Annual Snowfall11.4"

Demographics

MetricFincastle, VANational Avg
Population621
Median Age33.038.9
Unemployment Rate1.3%3.7%
Avg Commute Time26.3 min26 min
White (non-Hispanic)86.8%59.3%
Black or African American6.8%13.6%
Hispanic or Latino1.8%18.9%
Asian1.9%6.3%
Under 1826.1%22.2%
65 and over18.4%16.8%

Nearby Cities

ZIP Codes in Fincastle

Fincastle, VA is covered by 1 ZIP code:

Fincastle vs Other Cities

Frequently Asked Questions

Fincastle's cost of living index is 91, where 100 is the national average. That makes Fincastle roughly 9% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $275,000 and median rent is $863/month.
Fincastle's violent crime rate is 119.7 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 613.4 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Fincastle are operated by Botetourt County Public Schools. The district has 7 elementary, 2 middle, and 2 high schools. The student-to-teacher ratio is 13.1:1. 36.6% of adults 25+ hold a bachelor's degree or higher.
Fincastle, VA has a population of 621, a median household income of $59,861, and an unemployment rate of 1.3%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Fincastle averages 46.2°F in January and 86.1°F in July. Annual rainfall is 45.7 inches with about 11.4 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Fincastle, VA is covered by 1 ZIP code: 24090.
The population of Fincastle, Virginia is 621 with a median age of 33.0. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Fincastle: cost of living index 91 (100 = US average), median home $275,000, median household income $59,861, crime index 31 (100 = US average, lower is safer), schools rated A-. Whether these are benefits or drawbacks depends on where you're coming from — compare Fincastle side by side with your current city to see the trade-offs.