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Floyd, VA

Full City Profile · Virginia · Floyd County County

3.3 /5.0
B Good
510 Population 1,109/sq mi density
$62,283 Median Income $43,305 per capita
$239,800 Home Value $294,947 Zillow
$717 Median Rent 23.8% income on rent
51°F Avg Temperature 318 sunny days/yr
97 Violent Crime/100K 2,114 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$62,283 median income, 0.7% unemployment
A+
Affordability
4.5 / 5.0
$239,800 home value, $717/mo rent
F
Safety
1.0 / 5.0
97 violent crimes/100K
B+
Education
3.9 / 5.0
36.8% bachelor's degree or higher

Income Overview

Median Household Income
$62,283
17% below
US avg: $75,149
Per Capita Income
$43,305
11% above
US avg: $39,052
Unemployment Rate
0.7%
81% below
US avg: 3.6%
Poverty Rate
18.3%
48% above
US avg: 12.4%

Income Comparison: Floyd vs. U.S. Average

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

Median Household
US: $75,149
$62,283
83%
Per Capita
US: $39,052
$43,305
111%
IRS Avg AGI
US: $72,000
$64,452
90%
Avg Weekly Wage
US: $1,432
$793
55%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$793
45% below US avg ($1,432)
Mean Commute Time
12 min
56% below US avg (28 min)
Work From Home
8.6%
43% below US avg (15.2%)
Drive Alone
69.1%
6% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$536M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 69.1%
Public Transit 0%
Work From Home 8.6%
Other 22.3%
Average commute time
12 minutes
US avg: 28 min

Business Landscape

Total Establishments
520
Restaurants
20
Healthcare
23
Retail
52
Manufacturing
23

Tax & Financial

IRS Avg Adjusted Gross Income
$64,452
10% below US avg ($72,000)
Avg Property Tax
$3,024
14% below US avg ($3,500)
Cost of Living Index
101.1
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$62,283
Per Capita Income$43,305
IRS Avg Adjusted Gross Income$64,452
Avg Weekly Wage$793
County GDP$536M

Hardship Indicators

Unemployment Rate0.7%
Poverty Rate18.3%
Gini Coefficient0.421
Cost of Living Index101.1

Commute

Mean Commute12 minutes
Drive Alone69.1%
Public Transit0.0%
Work From Home8.6%

Businesses

Total Establishments520
Restaurants20
Healthcare23
Retail52
Manufacturing23

Tax

IRS Avg AGI$64,452
Avg Property Tax$3,024