Virginia, MN Profile: Facts & Data

Virginia, Minnesota - Basic Facts

The City of Virginia had a population of 7,957 as of July 1, 2024.

The primary coordinate point for Virginia is located at latitude 47.5233 and longitude -92.5366 in St. Louis County. The formal boundaries for the City of Virginia encompass a land area of 18.85 sq. miles and a water area of 0.33 sq. miles. St. Louis County is in the Central time zone (GMT -6).

The City of Virginia has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

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Virginia, MN Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	7,957 (100%)
Population in Households	7,548 (94.9%)
Population in Families	4,728 (59.4%)
Population in Group Quarters¹	409 ( 5.1%)
Population Density	424
Diversity Index²	27


INCOME
Median Household Income	$44,649
Average Household Income	$61,698
% of Income for Mortgage⁴	20%
Per Capita Income	$31,382
Wealth Index⁵	45
Socioeconomic Status Index⁶	Moderate (46.8)

HOUSING
Total HU (Housing Units)	4,741 (100%)
Owner Occupied HU	2,279 (48.1%)
Renter Occupied HU	1,755 (37.0%)
Vacant Housing Units	707 (14.9%)
Median Home Value	$142,003
Average Home Value	$188,975
Housing Affordability Index³	121

HOUSEHOLDS
Total Households	4,034
Average Household Size	1.87
Family Households	1,818
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

4,741 (100%)

Owner Occupied HU

2,279 (48.1%)

Renter Occupied HU

1,755 (37.0%)

Vacant Housing Units

707 (14.9%)

Median Home Value

$142,003

Average Home Value

$188,975

Housing Affordability Index³

121

HOUSEHOLDS

Total Households

4,034

Average Household Size

1.87

Family Households

1,818

Average Family Size

3.00

NOTES

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.
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.
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.
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).
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.
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	2020-2024	2024-2029
Population	-1.32%	-0.44%
Households	-0.38%	-0.32%
Families		-0.34%
Median Household Income		2.62%
Per Capita Income		3.04%
Owner Occupied HU		0.56%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

-1.32%

-0.44%

Households

-0.38%

-0.32%

Families

-0.34%

Median Household Income

2.62%

Per Capita Income

3.04%

Owner Occupied HU

0.56%

Virginia, MN - Peer Comparisons by Rank and Percentile

The table below compares Virginia to the other 914 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2024 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 Description	Rank	Percentile
Total Population	# 122	87th
Population Density	# 548	40th
Median Household Income	# 894	2nd
Housing Affordability Index	# 633	69th
Per Capita Income	# 807	12th
Diversity Index	# 308	67th

Variable Description

Rank

Percentile

Total Population

# 122

87th

Population Density

# 548

40th

Median Household Income

# 894

2nd

Housing Affordability Index

# 633

69th

Per Capita Income

# 807

12th

Diversity Index

# 308

67th

Minnesota Census Data Comparison Tool

Virginia, MN Profile: Facts & Data

Virginia, Minnesota - Basic Facts

Virginia, MN Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Virginia, MN - Peer Comparisons by Rank and Percentile

Virginia, MN - Most Popular Things to Do

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