Living in Cloverdale, Virginia
Cost of living, income, home prices, rent and demographics of Cloverdale · Census data 2020–2024
Cloverdale has 3,208 residents with a median age of 54.3. The median household income is $79,975 (14% lower than the Virginia median), the median home value is $359,900, the median rent is $921/month.
Cloverdale at a glance
- Population
- 3,208
- Median age
- 54.3State: 39
- Median household income
- $79,975State: $93,170
- Median home value
- $359,900State: $383,700
- Median rent
- $921/moState: $1,579
- Homeowners
- 74.5%
- Bachelor's degree or higher
- 32.2%
- Average commute
- 17 min
Is Cloverdale a good place to live?
Pros: Home values 6% lower than the state median; an average commute of 17 minutes; unemployment of 1%; a poverty rate of 6.9%.
Cons: Median household income 14% lower than the Virginia median.
The weather is best in May–June and September–October.
Cost of living in Cloverdale
Housing is the biggest part of the cost of living. In Cloverdale the median home value is $359,900, 8% higher than the U.S. median. Renters pay a median of $921 per month, which is 18.4% of household income. Homeowners with a mortgage pay $1,931 a month in housing costs.
Cloverdale median household income
The median household income in Cloverdale is $79,975 and the income per person is $49,454. 6.9% of residents live below the poverty line (Virginia: 9.9%).
Housing in Cloverdale: homes for sale and rent
- Housing units
- 1,613
- Owner-occupied
- 74.5%
- Renter-occupied
- 25.5%
- Vacant
- 12%Includes seasonal homes
- Median year built
- 1983
- Average household size
- 2.26
Cloverdale demographics
- Population
- 3,208
- Median age
- 54.3
- Under 18
- 10.4%
- 65 and older
- 29.1%
- Households
- 1,419
- Foreign-born
- 1.5%
- Veterans
- 7.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Cloverdale ›
Education in Cloverdale
32.2% of adults 25 and older in Cloverdale have a bachelor's degree or higher (Virginia: 42.2%), and 12.6% have a graduate or professional degree.
Jobs and commute in Cloverdale
- Unemployment rate
- 1%State: 4.3%
- Average commute
- 17 minState: 27 min
- Work from home
- 14.5%
- Drive alone
- 79.7%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 92.7%
Cloverdale vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Cloverdale | 3,208 | $79,975 | $359,900 | $921 |
| Laymantown | 1,626 | $88,401 | $285,200 | — |
| Hollins | 17,097 | $77,456 | $244,300 | $1,193 |
| Blue Ridge | 2,800 | $75,871 | $274,500 | $1,287 |
| Daleville | 3,797 | $103,056 | $370,100 | $1,793 |
| Troutville | 475 | $63,750 | $221,000 | $1,537 |
| Vinton | 8,056 | $65,445 | $190,900 | $992 |
| Roanoke | 98,355 | $55,378 | $190,500 | $996 |
| Stewartsville | 737 | $94,390 | $217,600 | — |
More for people moving to Cloverdale
Cloverdale ZIP code ›Weather and climate ›Living in Cloverdale: FAQ
What is the median household income in Cloverdale, VA?
The median household income in Cloverdale is $79,975, 14% 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 Cloverdale?
The median home value in Cloverdale is $359,900, compared with $383,700 in Virginia.
How much is rent in Cloverdale?
The median gross rent in Cloverdale is $921 per month, about 18.4% of household income.
Is Cloverdale, VA a good place to live?
Pluses: home values 6% lower than the state median; an average commute of 17 minutes; unemployment of 1%; a poverty rate of 6.9%. Minuses: median household income 14% lower than the Virginia median.
What is the median age in Cloverdale?
The median age in Cloverdale is 54.3 years (Virginia: 39).
How long is the commute in Cloverdale?
The average commute to work in Cloverdale is 17 minutes; 14.5% of workers work from home.
What is the unemployment rate in Cloverdale?
The unemployment rate in Cloverdale is 1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Cloverdale?
32.2% of adults in Cloverdale 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.
Last updated: