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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
D
Affordability
1.8 / 5.0
$417,200 home value, $1,290/mo rent
F
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
52
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 |