Living in Blacksburg, Virginia
Cost of living, income, home prices, rent and demographics of Blacksburg · Census data 2020–2024
Blacksburg has 45,446 residents with a median age of 21.9. The median household income is $50,182 (46% lower than the Virginia median), the median home value is $446,300, the median rent is $1,359/month.
Blacksburg at a glance
- Population
- 45,446
- Median age
- 21.9State: 39
- Median household income
- $50,182State: $93,170
- Median home value
- $446,300State: $383,700
- Median rent
- $1,359/moState: $1,579
- Homeowners
- 35.8%
- Bachelor's degree or higher
- 69.2%
- Average commute
- 15 min
Is Blacksburg a good place to live?
Pros: An average commute of 15 minutes; unemployment of 3.1%.
Cons: Median household income 46% lower than the Virginia median; home values 16% higher than the state median; a poverty rate of 42.7%.
The weather is best in June to September.
Cost of living in Blacksburg
Housing is the biggest part of the cost of living. In Blacksburg the median home value is $446,300, 34% higher than the U.S. median. Renters pay a median of $1,359 per month, which is 44.1% of household income. Homeowners with a mortgage pay $2,072 a month in housing costs.
Blacksburg median household income
The median household income in Blacksburg is $50,182 and the income per person is $31,899. 42.7% of residents live below the poverty line (Virginia: 9.9%).
Housing in Blacksburg: homes for sale and rent
- Housing units
- 17,028
- Owner-occupied
- 35.8%
- Renter-occupied
- 64.2%
- Vacant
- 18.7%Includes seasonal homes
- Median year built
- 1985
- Average household size
- 2.54
Blacksburg demographics
- Population
- 45,446
- Median age
- 21.9
- Under 18
- 9.8%
- 65 and older
- 7.6%
- Households
- 13,840
- Foreign-born
- 14.6%
- Veterans
- 1.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Blacksburg ›
Education in Blacksburg
69.2% of adults 25 and older in Blacksburg have a bachelor's degree or higher (Virginia: 42.2%), and 40.4% have a graduate or professional degree.
Jobs and commute in Blacksburg
- Unemployment rate
- 3.1%State: 4.3%
- Average commute
- 15 minState: 27 min
- Work from home
- 18.2%
- Drive alone
- 51%
- Public transit
- 6.2%
- Walk to work
- 11.8%
- Homes with broadband
- 93.6%
Blacksburg vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Blacksburg | 45,446 | $50,182 | $446,300 | $1,359 |
| Merrimac | 2,733 | $53,611 | — | $1,101 |
| Prices Fork | 900 | $69,063 | $300,000 | $1,084 |
| Belview | 990 | $55,288 | — | $1,289 |
| Christiansburg | 22,720 | $77,147 | $252,600 | $1,181 |
| Plum Creek | 1,068 | $41,603 | — | $1,169 |
| Fairlawn | 2,488 | $66,918 | $243,500 | $1,621 |
| Belspring | 152 | $61,053 | $319,700 | — |
| Radford | 16,726 | $57,348 | $220,700 | $1,033 |
More for people moving to Blacksburg
Blacksburg ZIP code ›Weather and climate ›Living in Blacksburg: FAQ
What is the median household income in Blacksburg, VA?
The median household income in Blacksburg is $50,182, 46% lower than the Virginia median of $93,170 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Blacksburg?
The median home value in Blacksburg is $446,300, compared with $383,700 in Virginia.
How much is rent in Blacksburg?
The median gross rent in Blacksburg is $1,359 per month, about 44.1% of household income.
Is Blacksburg, VA a good place to live?
Pluses: an average commute of 15 minutes; unemployment of 3.1%. Minuses: median household income 46% lower than the Virginia median; home values 16% higher than the state median; a poverty rate of 42.7%.
What is the median age in Blacksburg?
The median age in Blacksburg is 21.9 years (Virginia: 39).
How long is the commute in Blacksburg?
The average commute to work in Blacksburg is 15 minutes; 18.2% of workers work from home.
What is the unemployment rate in Blacksburg?
The unemployment rate in Blacksburg is 3.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Blacksburg?
69.2% of adults in Blacksburg have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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