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Banco, VA
Thinking about moving to Banco, VA? This quiet rural community of about 150 people offers an affordable lifestyle, with median home prices around $210,000 and rents averaging $900. Crime rates here are very low, and you'll enjoy a good amount of sunny days and scenic Blue Ridge views. Commute times average about 32 minutes, and while amenities are limited in-town, solid public schools and friendly neighbors make Banco a peaceful choice for those seeking small-town Virginia living.
Banco, VA is a small rural community with a population of around 150, where the median age is 45 and the area is predominantly White. The town has a balanced gender ratio and a close-knit feel, with a low percentage of non-English speakers and a relaxed pace of life.
Banco offers an affordable cost of living, with median home values near $210,000 and average rent at $900. Utility and transportation costs are below the national average, making it a budget-friendly option for those seeking small-town living in Virginia.
Banco experiences very low crime rates, with violent crime being rare and property crimes uncommon. Residents enjoy a strong sense of safety, making it an appealing choice for families and individuals seeking peace of mind.
The climate in Banco features four distinct seasons, with mild winters averaging 25–43°F and warm summers reaching up to 86°F. The area receives about 44 inches of rainfall annually and enjoys sunshine nearly 60% of the year, perfect for those who appreciate a blend of all seasons.
Banco's residents typically earn a median household income of $52,000, and most commute about 32 minutes to work. The community is friendly and educated, with a high school graduation rate above 86% and a local culture grounded in neighborly values.
Banco offers access to solid public schools with low student-teacher ratios, as well as nearby private school options. For higher education, residents are within driving distance of major colleges like James Madison University and Piedmont Virginia Community College, supporting lifelong learning.
Access to healthcare is reliable in Banco, with a general hospital and approximately 1.5 physicians per 1,000 residents. Nearly 90% of the population has health insurance, ensuring most locals receive essential medical services.
The housing market in Banco is stable and affordable, with a median home price of $210,000 and most residents owning their homes. Rental vacancies are low, and the area has seen modest home appreciation over the past year, reflecting steady demand.
Residents of Banco are served by the Virginia Department of Motor Vehicles, which provides comprehensive services online and through its main office in Richmond. Information about licensing, registration, and local DMV resources is readily accessible for new arrivals.
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.
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