At a Glance
Median Income
$39,196
$35,674 per capita
Home Value
$143,500
Zillow: $261,350
Bachelor's Degree+
62.6%
95.8% high school+
Unemployment
0.0%
0.0% poverty rate
Obesity Rate
35.8%
11.4% smoking rate
How New River Compares to the U.S. Average
Each bar shows New River's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is New River a Good Place to Live?
A+
4.5 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
New River residents earn a median household income of $39,196 , which is 48% below the national average of $75,149.
Per capita income is $35,674. The unemployment rate stands at 0.0% (100% below the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 372 business establishments, including 43 restaurants.
Housing & Cost of Living
The median home value in New River is $143,500 , 49% below the national median of $281,900.
Zillow estimates the typical home at $261,350. The cost of living index is 101.1 (100 = national average). The median home was built in 1948.
Education
62.6% of adults in New River hold a bachelor's degree or higher
(86% above the national average).
95.8% have completed high school. Local schools score 5.6/10 in standardized testing.
Climate & Weather
New River has an average annual temperature of 53°F (12°C).
Winters average 33°F in January while summers reach 73°F in July. Annual precipitation totals 42.1 inches.
Data Overview
People
Population377
Median Age55.6 yrs
Density967/mi²
Male / Female32% / 68%
Foreign Born7.4%
Veterans7.7%
Economy
B+
Median Income$39,196
Per Capita$35,674
Unemployment0.0%
Poverty0.0%
Avg Weekly Wage$1,039
Housing
A+
Home Value$143,500
Rent
Ownership83.6%
Zillow$261,350
Housing Units203
Rent Burden38.3%
Health
Obesity35.8%
Diabetes11.1%
Smoking11.4%
Heart Disease4.8%
Premature Death8,739/100K
Climate
Avg Temp53°F
Rain42.1 in/yr
Elevation1,956 ft
Education
A+
Bachelor's+62.6%
High School+95.8%
Graduate+46.7%
School Score5.6/10
Community
2024 VoteR 49% / D 49%
Broadband90.0%
Internet Speed122 Mbps
EV Stations3
Libraries1
Did You Know?
The median home in New River was built in 1948.
The nearest airport is Roanoke/Blacksburg Regional (Woodrum Field) (36 miles).
The Gini coefficient (income inequality) is 0.517 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
0.0% of the population has a disability.
Average internet download speed is 122 Mbps.