Providence Forge is a somewhat small town located in the state of Virginia. With a population of 8,748 people and two associated neighborhoods, Providence Forge is the 86th largest community in Virginia. Providence Forge has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Providence Forge, where the median household income is $107,152.00.
Providence Forge home prices are not only among the most expensive in Virginia, but Providence Forge real estate also consistently ranks among the most expensive in America.
Also of interest is that Providence Forge 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: 14.07% 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.
Providence Forge 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, Providence Forge’s overall crime rate is lower than average for the country.
One downside of living in Providence Forge is that it can take a long time to commute to work. In Providence Forge, the average commute to work is 33.27 minutes, which is quite a bit higher than the national average.
In terms of college education, Providence Forge is substantially better educated than the typical community in the nation, which has 21.84% of the adults holding a bachelor's degree or graduate degree: 33.55% of adults in Providence Forge have a college degree.
The per capita income in Providence Forge in 2022 was $47,602, which is wealthy relative to Virginia and the nation. This equates to an annual income of $190,408 for a family of four. However, Providence Forge contains both very wealthy and poor people as well.
Providence Forge is an extremely ethnically-diverse town. The people who call Providence Forge home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Providence Forge residents report their race to be White, followed by Black or African-American. Important ancestries of people in Providence Forge include English, German, Irish, European, and Polish.
The most common language spoken in Providence Forge is English. Other important languages spoken here include Spanish and Polish.