The average family size in Colonial Beach, VA is 2.93 family members members, with 57.7% owning their very own homes. The average home valuation is $222536. For those paying rent, they pay out an average of $1030 monthly. 38.7% of homes have 2 incomes, and an average domestic income of $43594. Average income is $30870. 20% of town residents are living at or beneath the poverty line, and 13.8% are handicapped. 14.5% of residents are former members associated with the military.
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The labor force participation rate in Colonial Beach is 44.1%, with an unemployment rate of 7.7%. For those of you located in the work force, the typical commute time is 38.5 minutes. 10% of Colonial Beach’s population have a grad diploma, and 15.6% have a bachelors degree. Among those without a college degree, 33.3% attended some college, 31.8% have a high school diploma, and just 9.3% possess an education less than senior high school. 13.7% are not covered by medical health insurance.