Blacksburg, VA

Full City Profile · Virginia · Montgomery County County

2.9 /5.0

C+ Fair

45,288 Population 2,287/sq mi density

$48,070 Median Income $29,454 per capita

$417,200 Home Value $412,402 Zillow

$1,290 Median Rent 44.6% income on rent

52°F Avg Temperature 305 sunny days/yr

111 Violent Crime/100K 612 property/100K

C+

Overall

2.9 / 5.0

Fair overall score based on economy, affordability, safety and education

B+

Economy

3.8 / 5.0

$48,070 median income, 2.1% unemployment

Affordability

1.8 / 5.0

$417,200 home value, $1,290/mo rent

Safety

1.0 / 5.0

111 violent crimes/100K

A+

Education

5.0 / 5.0

69.7% bachelor's degree or higher

Income Overview

Median Household Income

$48,070

36% below

US avg: $75,149

Per Capita Income

$29,454

25% below

US avg: $39,052

Unemployment Rate

2.1%

42% below

US avg: 3.6%

Poverty Rate

8.6%

31% below

US avg: 12.4%

Income Comparison: Blacksburg vs. U.S. Average

Each bar shows Blacksburg’s value as a percentage of the national average (100% line = U.S. avg)

Median Household

US: $75,149

$48,070

64%

Per Capita

US: $39,052

$29,454

75%

IRS Avg AGI

US: $72,000

$85,369

119%

Avg Weekly Wage

US: $1,432

$1,169

82%

Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage

$1,169

18% below US avg ($1,432)

Mean Commute Time

15 min

45% below US avg (28 min)

Work From Home

17.2%

13% above US avg (15.2%)

Drive Alone

53.9%

26% below US avg (73.2%)

Public Transit

6.6%

33% above US avg (5.0%)

How Residents Get to Work

Drive Alone 53.9%

Public Transit 6.6%

Work From Home 17.2%

Other 22.3%

Average commute time

15 minutes

US avg: 28 min

Business Landscape

Total Establishments

2,613

Restaurants

229

Healthcare

250

Retail

310

Manufacturing

Tax & Financial

IRS Avg Adjusted Gross Income

$85,369

19% above US avg ($72,000)

Avg Property Tax

$4,470

28% above US avg ($3,500)

Cost of Living Index

101.1

Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income	$48,070
Per Capita Income	$29,454
IRS Avg Adjusted Gross Income	$85,369
Avg Weekly Wage	$1,169

Hardship Indicators

Unemployment Rate	2.1%
Poverty Rate	8.6%
Gini Coefficient	0.492
Cost of Living Index	101.1

Commute

Mean Commute	15 minutes
Drive Alone	53.9%
Public Transit	6.6%
Work From Home	17.2%

Businesses

Total Establishments	2,613
Restaurants	229
Healthcare	250
Retail	310
Manufacturing	52

Tax

IRS Avg AGI	$85,369
Avg Property Tax	$4,470