Gainesville is a medium-sized town located in the state of Virginia. With a population of 18,112 people and eight associated neighborhoods, Gainesville is the 53rd largest community in Virginia. Much of the housing stock in Gainesville was built relatively recently. The construction of new real estate can often be taken as an indication that the local Gainesville economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Gainesville, where the median household income is $168,978.00.
Gainesville home prices are not only among the most expensive in Virginia, but Gainesville real estate also consistently ranks among the most expensive in America.
Also of interest is that Gainesville has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 23.94% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Gainesville is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Gainesville’s overall crime rate is lower than average for the country.
One downside of living in Gainesville, however, is that residents on average have to contend with a long commute, spending on average 36.16 minutes every day commuting to work.
Do you have a 4-year college degree or graduate degree? If so, you may feel right at home in Gainesville. 56.69% of adults here have a 4-year degree or graduate degree, whereas the national average for all cities and towns is just 21.84%.
The per capita income in Gainesville in 2022 was $60,321, which is wealthy relative to Virginia and the nation. This equates to an annual income of $241,284 for a family of four.
Gainesville is an extremely ethnically-diverse town. The people who call Gainesville home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Gainesville residents report their race to be White, followed by Black or African-American. Gainesville also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 12.83% of the town’s residents. Important ancestries of people in Gainesville include German, English, Irish, Italian, and European.
Gainesville also has a high percentage of its population that was born in another country: 17.73%.
The most common language spoken in Gainesville is English. Other important languages spoken here include Spanish and Korean.