Everything You Should Know Before Moving to Paint Bank, VA
Considering a move to Paint Bank, VA? With a tiny population of about 190 residents, Paint Bank offers a peaceful, rural lifestyle with affordable housing—median home prices are around $175,000 and average rent is just $760. The crime rate is impressively low, and the area enjoys a mild climate with 59% sunny days each year. While education and healthcare options are limited locally, nearby towns offer schools and hospitals, and most residents enjoy short commutes and the natural beauty of the surrounding mountains. Paint Bank is ideal for those seeking tranquility and low living costs in a scenic setting.
Demographics - Paint Bank, VA
Demographics - Paint Bank, VA
Paint Bank, VA is a small rural community with around 190 residents, a median age of 56, and a predominantly White population. The low population density and older demographic make for a quiet and close-knit atmosphere. Most residents speak English, and the gender balance is fairly even.
Population:
190
Density:
5 per sq mi
Median Age:
56.2
Gender Ratio:
96 males per 100 females
Non-English Speakers Percentage:
2.3%
Ethnic Composition
White:
96.0%
Black:
2.1%
Asian:
0.5%
Others:
1.4%
Cost Of Living
What is the average cost of living in Paint Bank, VA?
Paint Bank offers a cost of living below the national average, with a median home value of $175,000 and rents typically around $760. Essential expenses such as groceries and healthcare are affordable, making it an attractive choice for those seeking value in a scenic rural setting. State taxes are moderate, and utility costs are in line with national figures.
Median House Value:
$175,000
Gross Rent:
$760
Monthly Electricity Charges:
$120
Auto Insurance:
$950
House Owner Cost With Mortgage:
$1,100
House Owner Cost Without Mortgage:
$410
State Taxes:
Low:
2.0%
|
High:
5.75%
Cost Of Living Index:
92.8
Grocery:
95.1
Housing:
70.2
Utilities:
101.7
Transportation:
89.5
Health Care:
92.4
Miscellaneous:
93.3
Crime
Is Paint Bank, VA a safe place to live?
Residents of Paint Bank enjoy a notably low crime rate, with only about 70 violent crimes and 370 property crimes per 100,000 people annually. The chances of becoming a victim are lower than in most areas, contributing to the community’s reputation for safety and peace of mind.
Violent Crimes Per 100k:
70
Property Crimes Per 100k:
370
Crime Index:
440
Chance Of Violent Crime:
1 in 1,430
Chance Of Property Crime:
1 in 514
Weather
What is the weather like in Paint Bank, VA year-round?
Paint Bank experiences four distinct seasons, with mild summers averaging highs in the mid-80s and cold winters dipping to the low 20s. The area receives about 43 inches of rainfall each year and enjoys sunshine nearly 60% of the time, creating a pleasant environment for outdoor enthusiasts.
Winter
Min:
21°F
Max:
41°F
Spring
Min:
39°F
Max:
66°F
Summer
Min:
59°F
Max:
84°F
Fall
Min:
40°F
Max:
68°F
Average Rainfall Inches:
43.1 inches
Sunny Days Percentage:
59%
Neighbors
The local community is characterized by modest incomes, with median household earnings around $51,200 and a poverty rate under 12%. Most adults have at least a high school diploma, and unemployment is low, though commutes can average over 30 minutes due to the rural location. Public transportation is not available, so residents rely on personal vehicles.
Median Income:
$38,900
Household Income:
$51,200
Family Income:
$62,000
Per Capita Income:
$27,700
Income Male:
$34,800
Income Female:
$29,100
Poverty Rate:
11.9%
Non English Speakers:
2.3%
Rent:
$760
Unemployment Rate:
3.7%
Public Transport Usage:
0.0%
Commute Time:
34.8 minutes
Education
High School or Higher:
84.1%
Bachelors or More:
15.9%
Education
How are the schools in Paint Bank, VA?
Educational opportunities in Paint Bank are limited locally, but Craig County High School in nearby New Castle provides small class sizes and a supportive environment. Higher education is accessible, with Virginia Western Community College located about 41 miles away in Roanoke. Most area students complete at least high school, with a smaller percentage holding college degrees.
Public Schools
Name:
Craig County High School
Street:
25239 Craigs Creek Road, New Castle, VA 24127
Phone:
540-864-5185
Students:
260
Student Teacher Ratio:
11.5
Colleges
Name:
Virginia Western Community College
City:
Roanoke
State:
VA
Distance:
41 miles
Students:
8,700
Healthcare
Healthcare access in Paint Bank is supported by nearby hospitals such as Carilion New River Valley Medical Center and LewisGale Hospital Alleghany, both offering emergency services. With over 90% of residents insured and a physician rate of 1.3 per 1,000 people, basic medical needs are met within a reasonable distance. The overall healthcare index indicates reliable service for a rural area.
Major Hospitals
Name:
Carilion New River Valley Medical Center
Address:
2900 Lamb Circle, Christiansburg, VA 24073
Phone:
(540) 731-2000
Type:
General & Surgical
Emergency Services:
Yes
Name:
LewisGale Hospital Alleghany
Address:
1 Arh Ln, Low Moor, VA 24457
Phone:
(540) 862-6011
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.3
Health Insurance Coverage:
90.1%
Health Care Index:
79.2
Housing Market
What is the housing market like in Paint Bank, VA?
The housing market in Paint Bank is affordable and stable, with a median home price of $175,000 and most homes owner-occupied. Rental vacancies are moderate and home values have appreciated over 4% in the past year. The area experiences very low foreclosure and new construction rates, reflecting a steady and settled community.
Median Home Price:
$175,000
Average Rent For 2 Bedroom:
$760
Owner Occupied Rate:
81.2%
Rental Vacancy Rate:
7.5%
Home Appreciation Rate (1yr):
4.1%
New Construction Rate:
0.4%
Foreclosure Rate:
0.3%
DMV Information
Paint Bank residents are served by the Virginia Department of Motor Vehicles, with the nearest main office located in Richmond. DMV services, including licensing and vehicle registration, can be accessed online or by phone, ensuring convenient support for local drivers.
State:
Virginia
Department:
Virginia Department of Motor Vehicles
Address:
2300 W Broad St, Richmond, VA 23269
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.