HomeVirginiaCarroll CountyFancy Gap CDP
Fancy Gap CDP, Virginia: commercial real estate data.
Fancy Gap CDP is a Census CDP of 214 people across 4.05 square miles of land, in Carroll County. Median household income is $98,798, 42.2 percent of occupied homes are owned, and the SBA record carries 4 7(a) approvals to borrowers here worth $1.1 m.
63 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
This is a small place, and the figures below carry wide margins.
The American Community Survey reaches Fancy Gap through a sample, not a count, and in a place this size that sample is thin. The population estimate here is 214 with a margin of error of plus or minus 210, which is 98.1 percent of the estimate itself. Every figure whose margin reaches 20 percent is printed with that margin beside it, so you can see the width of each one rather than having to assume it.
Nothing has been removed or adjusted. These are the published federal estimates, shown with the uncertainty the Census publishes alongside them.
Fancy Gap
What Fancy Gap is
- Census place typeCDP
- Land area4.05 sq mi
- Water area0 sq mi
- Population per square mile of land53 plus or minus 52
- County holding the largest share of its areaCarroll County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Fancy Gap
How many people live in Fancy Gap
- Population214 plus or minus 210
- Median age57.8 plus or minus 21.8
- Population under 1817 plus or minus 31
- Share under 187.9 percent plus or minus 12.1
- Population 65 and over84 plus or minus 85
- Share 65 and over39.3 percent plus or minus 8.8
- Households90 plus or minus 81
- Family households79 plus or minus 78
- Share of households that are families87.8 percent plus or minus 35.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Fancy Gap
Income and work in Fancy Gap
- Median household income$98,798
- Per capita income$47,948 plus or minus $19,190
- Civilian labor force102 plus or minus 94
- Employed102 plus or minus 94
- Unemployed0
- Unemployment rate0.0 percent
- Adults 25 and over197 plus or minus 206
- Adults 25 and over with a high school diploma or higher100.0 percent plus or minus 146.9
- Adults 25 and over with a bachelor degree or higher5.6 percent plus or minus 9.6
- Adults 25 and over with a graduate degree5.6 percent plus or minus 9.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Fancy Gap
Housing in Fancy Gap
- Housing units210 plus or minus 140
- Occupied units90 plus or minus 81
- Vacant units120 plus or minus 106
- Vacancy rate57.1 percent plus or minus 33.1
- Owner occupied38 plus or minus 33
- Renter occupied52 plus or minus 71
- Ownership rate42.2 percent plus or minus 52.8
- Single family units158 plus or minus 116
- Share single family75.2 percent plus or minus 22.8
- Units in buildings of two or more0
- Share in buildings of two or more0.0 percent
- Mobile homes52 plus or minus 71
- Median year structure built1969
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Fancy Gap
How Fancy Gap gets to work
- Workers 16 and over who commute92 plus or minus 92
- Commuting under 15 minutes0
- Share commuting under 15 minutes0.0 percent
- Commuting 30 minutes or more18 plus or minus 33
- Share commuting 30 minutes or more19.6 percent plus or minus 29.7
- Drove alone100.0 percent
- Carpooled0.0 percent
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home0.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Fancy Gap
SBA loans in Fancy Gap (7(a))
- Approvals4
- Gross approval$1,118,000
- Average approval$279,500
- Median approval$260,000
- Ninetieth percentile approval$658,000
- Largest approval$658,000
- Jobs supported31
- Jobs per approval7.8
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term300 months
- Share on real estate terms of 20 years or more50.0 percent
- Share to franchises25.0 percent
- Distinct lenders4
- Distinct industries by NAICS3
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Carroll County, not Fancy Gap
Carroll County context, not Fancy Gap figures
These are Carroll County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Fancy Gap measurements.
- Establishments in Carroll County431
- Employment at those establishments, Carroll County4,848
- Covered employment, Carroll County5,796
- Average annual pay, Carroll County$40,868
- Average weekly wage, Carroll County$786
- Housing units permitted, Carroll County82
- Of those, single family, Carroll County82
- Average income of an arriving household, Carroll County$55,213
Every figure in this section is published for Carroll County as a whole and is not a measurement of Fancy Gap. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- No median owner-occupied home value is published for this place.
- No median gross rent is published for this place.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Fancy Gap questions, answered from the record.
How many people live in Fancy Gap, Virginia?
214, in 90 households. Fancy Gap CDP covers 4.05 square miles of land, which is 53 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Fancy Gap in?
Carroll County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Fancy Gap?
$98,798. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Fancy Gap businesses?
4 7(a) approvals totalling $1.1 m, across 4 lenders, median approval $260,000. These count approvals to borrowers whose address is in Fancy Gap, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Fancy Gap borrowers get paid back?
No rate is published for Fancy Gap. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Fancy Gap figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Carroll County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Fancy Gap.
Is zoning published for Fancy Gap?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
Nearby