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Amherst, Virginia Mortgage and Housing Information

Population: 2,251
Data Source:US Census Bureau. All figures are from year 2000 unless otherwise noted.

Cost of Single-Family Houses

Median price asked
in year 2000
$131,300

Value of Houses and Condos

A comparison of the average prices of homes in Amherst, Virginia and the U.S.
U.S.VirginiaAmherst
Median home value
in year 2000
$111,800$118,800$100,300

Monthly Owner Costs

Median owner costs for owner-occupied houses and condos in year 2000
U.S.VirginiaAmherst
With a mortgage$1,088$1,144$823
Without a mortgage$295$263$200

Ownership of Single-family Houses

Types of mortgages for owner-occupied Single-family Houses in Amherst (2000)
Mortgage TypeNumber of Single-family HousesPercent of total
Without a mortgage25248.0%
First Mortgage Only18735.6%
Second Mortgage and/or Home Equity Loan8616.4%
Total525100%

Tenancy in Amherst

How many people in Amherst live in their own home? How many rent their home? Data for houses and condos, from 2000.
Owner-occupied homes611
Renter-occupied homes329
Homes for sale12
Homes for rent10
Total1,000

Age of Amherst Residents

Median age for males and females (2000).
Males 39
Females 47

Income

Median earnings for the 12 months preceding 2000, residents over 16 years with earnings
U.S.VirginiaAmherst
Median Earnings$23,755$25,357$20,827
Median Earnings, Males$29,458$30,685$27,333
Median Earnings, Females$18,957$20,217$16,303

Males earn $11,030 (67.7%) more than Females in Amherst.

Commuting in Amherst

Means of transportation to work, workers over 16 years old.
Means of TransportNumber of People
Car, solo726
Carpooled105
Public Transit15
Bicycle0
Walking21
Other Means4
Total, Commuted871
Worked from home19
Total890

Time Spent Commuting in Amherst

Time spent commuting in Amherst
Time spent in minutesNumber of People
Less than 552
5-9199
10-14118
15-1992
20-2498
25-2942
30-34127
35-3921
40-4432
45-5937
60-8919
Over 9034

Education

Level of higher education for people over 25 years in Amherst (2000).
LevelNumber of MalesPercent of MalesNumber of FemalesPercent of Females
Some College14519.9%19526.8%
Associate Degree425.8%415.6%
Bachelor's Degree10214.0%12216.8%
Master's Degree71.0%354.8%
Professional Degree121.6%30.4%
Doctorate Degree294.0%71.0%
Total (at least some college)33746.3%40344.5%
Total over 25728100%906100%

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