Apartments for rent in Wise, VA

Wise, Virginia is a small town with a population of slightly more than 3,000. With an average age of just under 40, the town's population is somewhat older compared to other municipalities in Virginia, which has an average age of 37. Renters tend to be in the minority in Wise, and 71% of residents own their homes. Renting remains an affordable option, though, as the town boasts a relatively low average rent of $688 per month. Over the course of a year, renters in Wise will save around $7,200 compared to the state average.

Wise has a relatively large number of residents older than 25 who have earned a high school degree or equivalent (20%) compared to the state average. Additionally, 9% possess a Bachelor's degree and 4% have earned a Master's degree or Doctorate. Many Wise residents work in one of three industries: retail, healthcare, and education. Together, these industries account for 21% of the labor force in the town. Meanwhile, looking at job function, many residents work in sales, making it the top field in the town. With an average annual income of just over $61K, Wise workers earn less than their peers elsewhere in the state. The town's average income also trails the national average of $73,345.

Wise has an average commute time of about 20 minutes, faster than the Virginia average of about 30 minutes. Driving a vehicle is the most common way to get to work, chosen by 41% of commuters, while public transit isn't used. Not many workers commute on foot.