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Cloverdale, VA

Full City Profile · Virginia · Roanoke city County

3.2 /5.0
B Good
3,095 Population 998/sq mi density
$71,929 Median Income $46,278 per capita
$338,000 Home Value $297,463 Zillow
$889 Median Rent 17.9% income on rent
56°F Avg Temperature 305 sunny days/yr
453 Violent Crime/100K 2,630 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$71,929 median income, 2.0% unemployment
A
Affordability
4.0 / 5.0
$338,000 home value, $889/mo rent
F
Safety
1.0 / 5.0
453 violent crimes/100K (19% above avg)
B
Education
3.3 / 5.0
28.3% bachelor's degree or higher

Income Overview

Median Household Income
$71,929
4% below
US avg: $75,149
Per Capita Income
$46,278
19% above
US avg: $39,052
Unemployment Rate
2.0%
44% below
US avg: 3.6%
Poverty Rate
1.6%
87% below
US avg: 12.4%

Income Comparison: Cloverdale vs. U.S. Average

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

Median Household
US: $75,149
$71,929
96%
Per Capita
US: $39,052
$46,278
119%
IRS Avg AGI
US: $72,000
$59,300
82%
Avg Weekly Wage
US: $1,432
$1,206
84%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,206
16% below US avg ($1,432)
Mean Commute Time
18 min
36% below US avg (28 min)
Work From Home
9.7%
36% below US avg (15.2%)
Drive Alone
80.5%
10% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$10,061M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 80.5%
Public Transit 0%
Work From Home 9.7%
Other 9.8%
Average commute time
18 minutes
US avg: 28 min

Business Landscape

Total Establishments
3,548
Restaurants
302
Healthcare
389
Retail
536
Manufacturing
87

Tax & Financial

IRS Avg Adjusted Gross Income
$59,300
18% below US avg ($72,000)
Avg Property Tax
$4,940
41% 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$71,929
Per Capita Income$46,278
IRS Avg Adjusted Gross Income$59,300
Avg Weekly Wage$1,206
County GDP$10,061M

Hardship Indicators

Unemployment Rate2.0%
Poverty Rate1.6%
Gini Coefficient0.498
Cost of Living Index101.1

Commute

Mean Commute18 minutes
Drive Alone80.5%
Public Transit0.0%
Work From Home9.7%

Businesses

Total Establishments3,548
Restaurants302
Healthcare389
Retail536
Manufacturing87

Tax

IRS Avg AGI$59,300
Avg Property Tax$4,940