Everything You Should Know Before Moving to Fincastle, VA
Considering a move to Fincastle, VA? This historic small town of about 370 residents offers affordable living with a median home price near $295,000 and average rents around $950. With low crime rates (just 80 violent crimes per 100K), a high owner-occupancy rate, and quick access to Roanoke-area amenities, Fincastle is ideal for those seeking peace and community. Commutes average 29 minutes, schools are well-rated, and the area boasts a mild climate with 63% sunny days—perfect for enjoying the scenic Blue Ridge surroundings.
Demographics - Fincastle, VA
Demographics - Fincastle, VA
Fincastle is a small, close-knit community of around 370 people, with a median age of 48.3 years and a population density of 520 per square mile. The town is predominantly White, with a balanced gender ratio and a small percentage of non-English speakers, fostering a welcoming and neighborly atmosphere.
Population:
370
Density:
520 per sq mi
Median Age:
48.3
Gender Ratio:
98 males per 100 females
Non-English Speakers Percentage:
3.5%

Ethnic Composition
White:
93.5%
Black:
3.0%
Asian:
0.7%
Others:
2.8%
Cost Of Living
What is the average cost of living in Fincastle, VA?
Fincastle offers an affordable cost of living, with a median home value of $295,000 and average rents at $950. The cost of living index is below the national average, making it an attractive option for budget-conscious residents seeking value in housing, utilities, and everyday expenses.
Median House Value:
$295,000
Gross Rent:
$950
Monthly Electricity Charges:
$120
Auto Insurance:
$1,120
House Owner Cost With Mortgage:
$1,370
House Owner Cost Without Mortgage:
$420
State Taxes:
Low:
2.0%
|
High:
5.75%
Cost Of Living Index:
88.2
Grocery:
92.1
Housing:
78.5
Utilities:
94.3
Transportation:
85.7
Health Care:
89.5
Miscellaneous:
87.4
Crime
Is Fincastle, VA a safe place to live?
Safety is a highlight in Fincastle, with a low violent crime rate of just 80 incidents per 100,000 residents and a 1 in 1,250 chance of experiencing such crimes. Property crime is relatively moderate, ensuring a sense of security for families and individuals alike.
Violent Crimes Per 100k:
80
Property Crimes Per 100k:
790
Crime Index:
870
Chance Of Violent Crime:
1 in 1,250
Chance Of Property Crime:
1 in 127
Weather
What is the weather like in Fincastle, VA year-round?
Residents enjoy a mild four-season climate, with average winter lows around 24°F and summer highs reaching 86°F. The area receives about 41.6 inches of rainfall annually and boasts 63% sunny days, making it ideal for outdoor activities year-round.

Winter
Min:
24°F
Max:
43°F

Spring
Min:
43°F
Max:
70°F

Summer
Min:
62°F
Max:
86°F

Fall
Min:
44°F
Max:
71°F
Average Rainfall Inches:
41.6 inches
Sunny Days Percentage:
63%
Neighbors
The community has a median household income of $62,700 and a low poverty rate of 8.2%. Most adults have completed high school, nearly 40% hold a bachelor’s degree or higher, and commute times average 29 minutes, reflecting a balanced suburban lifestyle.
Median Income:
$33,000
Household Income:
$62,700
Family Income:
$75,200
Per Capita Income:
$31,500
Income Male:
$42,800
Income Female:
$36,400
Poverty Rate:
8.2%
Non English Speakers:
3.5%
Rent:
$950
Unemployment Rate:
3.2%
Public Transport Usage:
0.5%
Commute Time:
29.1 minutes

Education
High School or Higher:
94.5%
Bachelors or More:
38.2%
Education
How are the schools in Fincastle, VA?
Families in Fincastle benefit from well-rated public schools with low student-teacher ratios and access to reputable private schooling options. Higher education is easily accessible, with colleges like Virginia Western Community College and Hollins University located within a short drive.

Public Schools
Name:
Breckinridge Elementary School
Street:
100 Springwood Rd
Phone:
540-473-8386
Students:
380
Student Teacher Ratio:
14:1
Name:
Central Academy Middle School
Street:
367 Poor Farm Rd
Phone:
540-473-8333
Students:
480
Student Teacher Ratio:
13:1

Private Schools
Name:
Faith Christian School
Street:
3585 Buck Mountain Rd, Roanoke, VA
Phone:
540-769-5200
Students:
430

Colleges
Name:
Virginia Western Community College
City:
Roanoke
State:
VA
Distance:
17 miles
Students:
8,400
Name:
Hollins University
City:
Roanoke
State:
VA
Distance:
13 miles
Students:
800
Healthcare
Healthcare access is strong, with major hospitals like Carilion Roanoke Memorial and LewisGale Medical Center nearby and 91.8% of residents insured. The area has 2.1 physicians per 1,000 people, supporting comprehensive medical care close to home.

Major Hospitals
Name:
Carilion Roanoke Memorial Hospital
Address:
1906 Belleview Ave SE, Roanoke, VA 24014
Phone:
(540) 981-7000
Type:
General & Surgical
Emergency Services:
Yes
Name:
LewisGale Medical Center
Address:
1900 Electric Rd, Salem, VA 24153
Phone:
(540) 776-4000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.1
Health Insurance Coverage:
91.8%
Health Care Index:
72.3
Housing Market
What is the housing market like in Fincastle, VA?
Fincastle’s housing market features a high owner-occupancy rate of 82.5% and a median home price of $295,000. Home values have appreciated by 6% in the past year, and rental options remain available with a vacancy rate just over 6%.
Median Home Price:
$295,000
Average Rent For 2 Bedroom:
$950
Owner Occupied Rate:
82.5%
Rental Vacancy Rate:
6.1%
Home Appreciation Rate (1yr):
6.0%
New Construction Rate:
1.1%
Foreclosure Rate:
0.4%
DMV Information
Driver and vehicle services are provided by the Virginia Department of Motor Vehicles, with a convenient office located in nearby Salem. Residents can access all standard DMV services locally or online through the Virginia DMV website.
State:
Virginia
Department:
Virginia Department of Motor Vehicles
Address:
1965 Roanoke Blvd, Salem, VA 24153
Phone:
1-804-497-7100
Website:
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.