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Urban CoreDemographics

Monument Avenue

2019–2023 ACS 5-Year Estimates

Population

14,931

Median age 33.5

Family Fit 5.2/10Income pctile 40

Population

Total population14,931
Median age33.5
Male7,044
Female7,887

Age bands

Under 157.6%
15–2417.3%
25–4444.0%
45–6419.1%
65+12.1%

Race & Nativity

White73.7%
Black14.6%
Asian2.3%
Hispanic5.8%
US born94.7%

Housing

Housing units7,979
Total households7,434
Avg household size1.9
Vacancy rate6.8%

Tenure

Owner-occupied37.5%
Renter-occupied62.5%

Values & Rents

Median home value$544,854
Median gross rent$1,489

Income

Median household income$83,555
Mean household income$129,069

By householder age

Under 25$71,800
25–44$93,275
45–64$112,824
65+$92,294

Poverty

Above poverty line86.7%
Below poverty line13.3%
Income vs metro neighborhoods40th pctile

Education

Less than high school4.2%
High school8.4%
Some college11.6%
Associate degree3.4%
Bachelor's43.2%
Graduate / professional29.1%
Bachelor's or higher72.4%

Employment

Labor force10,273
Employment rate96.2%
Unemployment rate3.0%

Workforce mix

White collar—
Blue collar—
Self-employed—
Private sector—
Public sector—

Commute

Mean commute6.0

Mode

Drive alone62.3%
Carpool3.3%
Transit2.6%
Walk5.6%
Work from home24.5%

Demographic data from the U.S. Census Bureau American Community Survey, 2019–2023 ACS 5-Year Estimates. Estimates are based on survey samples and are subject to margins of error.

Neighborhood boundaries use OpenStreetMap polygons crosswalked to 2020 Census tracts using PostGIS area-weighted aggregation. Affordability calculation uses current Freddie Mac PMMS 30-year rate and assumes 20% down payment on the ACS median home value.

Data processed on rva-real-estate-info · Prices, rates, and demographic estimates are for informational purposes only.