Castlewood, VA

Full City Profile · Virginia · Russell County County

3.8 /5.0
B+ Good
1,120 Population 156/sq mi density
$58,958 Median Income $33,838 per capita
$163,300 Home Value $159,638 Zillow
$740 Median Rent 51.0% income on rent
53°F Avg Temperature
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$58,958 median income, 1.2% unemployment
A+
Affordability
5.0 / 5.0
$163,300 home value, $740/mo rent
C
Education
2.2 / 5.0
15.5% bachelor's degree or higher

Castlewood, VA

At a Glance

Median Income
$58,958
22% below
$33,838 per capita
Home Value
$163,300
42% below
Zillow: $159,638
Median Rent
$740/mo
36% below
51.0% of income on rent
Bachelor's Degree+
15.5%
54% below
88.7% high school+
Unemployment
1.2%
67% below
2.0% poverty rate
Obesity Rate
39.4%
23% above
19.3% smoking rate
Avg Temperature
53°F

How Castlewood Compares to the U.S. Average

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

Income
78%
Home Value
58%
Rent
64%
Poverty
16%
Bachelor's
46%
Unemployment
33%
Thin vertical line = U.S. national average (100%)

Is Castlewood a Good Place to Live?

B+
3.8 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Castlewood residents earn a median household income of $58,958 , which is 22% below the national average of $75,149. Per capita income is $33,838. The unemployment rate stands at 1.2% (67% below the U.S. rate of 3.6%). 2.0% of residents live below the poverty line. The area is home to 565 business establishments, including 34 restaurants.

Housing & Cost of Living

The median home value in Castlewood is $163,300 , 42% below the national median of $281,900. Zillow estimates the typical home at $159,638. Median rent is $740/month, with 51.0% of renters spending more than 30% of income on housing. The cost of living index is 101.1 (100 = national average). The median home was built in 1971.

Education

15.5% of adults in Castlewood hold a bachelor's degree or higher (54% below the national average). 88.7% have completed high school. Local schools score 5.9/10 in standardized testing.

Climate & Weather

Castlewood has an average annual temperature of 53°F (12°C). Winters average 32°F in January while summers reach 72°F in July. Annual precipitation totals 47.7 inches.

Data Overview

People

Population1,120
Median Age57.7 yrs
Density156/mi²
Male / Female44% / 56%
Foreign Born3.4%
Veterans4.4%

Economy

A
Median Income$58,958
Per Capita$33,838
Unemployment1.2%
Poverty2.0%
County GDP$904M
Avg Weekly Wage$929

Housing

A+
Home Value$163,300
Rent$740
Ownership76.2%
Zillow$159,638
Housing Units743
Rent Burden51.0%

Health

Obesity39.4%
Diabetes11.8%
Smoking19.3%
Heart Disease6.8%
Premature Death12,093/100K

Climate

Avg Temp53°F
Rain47.7 in/yr
Elevation1,744 ft

Education

C
Bachelor's+15.5%
High School+88.7%
Graduate+5.9%
School Score5.9/10

Community

2024 VoteR 84% / D 16%
Commute27 min
Broadband72.7%
Internet Speed174 Mbps
EV Stations1
Libraries2

Did You Know?

The median home in Castlewood was built in 1971.
The nearest airport is Foothills Regional (83 miles).
The Gini coefficient (income inequality) is 0.455 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
46.7% of the population has a disability.
Average internet download speed is 174 Mbps.
The county recorded 3 fatal vehicle crashes.
91 declared natural disasters on record.