Living in Grundy, Virginia
Cost of living, income, home prices, rent and demographics of Grundy · Census data 2020–2024
Grundy has 872 residents with a median age of 52.1. The median household income is $40,804 (56% lower than the Virginia median), the median home value is $203,600, the median rent is $950/month.
Grundy is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Grundy at a glance
- Population
- 872
- Median age
- 52.1State: 39
- Median household income
- $40,804State: $93,170
- Median home value
- $203,600State: $383,700
- Median rent
- $950/moState: $1,579
- Homeowners
- 86.2%
- Bachelor's degree or higher
- 34.9%
- Average commute
- 18 min
Is Grundy a good place to live?
Pros: Home values 47% lower than the state median; an average commute of 18 minutes; unemployment of 3.1%.
Cons: Median household income 56% lower than the Virginia median; a poverty rate of 23.5%.
The weather is best in May–June and August–September.
Cost of living in Grundy
Housing is the biggest part of the cost of living. In Grundy the median home value is $203,600, 39% lower than the U.S. median. Renters pay a median of $950 per month, which is 22.5% of household income. Homeowners with a mortgage pay $1,250 a month in housing costs.
Grundy median household income
The median household income in Grundy is $40,804 and the income per person is $25,978. 23.5% of residents live below the poverty line (Virginia: 9.9%).
Housing in Grundy: homes for sale and rent
- Housing units
- 521
- Owner-occupied
- 86.2%
- Renter-occupied
- 13.8%
- Vacant
- 25%Includes seasonal homes
- Median year built
- 1968
- Average household size
- 1.96
Grundy demographics
- Population
- 872
- Median age
- 52.1
- Under 18
- 23.3%
- 65 and older
- 26.3%
- Households
- 391
- Foreign-born
- 10.8%
- Veterans
- 16.1%Adults 18+
Hispanic or Latino can be of any race. Population history of Grundy ›
Education in Grundy
34.9% of adults 25 and older in Grundy have a bachelor's degree or higher (Virginia: 42.2%), and 13.8% have a graduate or professional degree.
Jobs and commute in Grundy
- Unemployment rate
- 3.1%State: 4.3%
- Average commute
- 18 minState: 27 min
- Work from home
- 11.4%
- Drive alone
- 69%
- Public transit
- 0%
- Walk to work
- 2.9%
- Homes with broadband
- 90.5%
Grundy vs nearby towns
More for people moving to Grundy
Grundy ZIP code ›Weather and climate ›Living in Grundy: FAQ
What is the median household income in Grundy, VA?
The median household income in Grundy is $40,804, 56% 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 Grundy?
The median home value in Grundy is $203,600, compared with $383,700 in Virginia.
How much is rent in Grundy?
The median gross rent in Grundy is $950 per month, about 22.5% of household income.
Is Grundy, VA a good place to live?
Pluses: home values 47% lower than the state median; an average commute of 18 minutes; unemployment of 3.1%. Minuses: median household income 56% lower than the Virginia median; a poverty rate of 23.5%.
What is the median age in Grundy?
The median age in Grundy is 52.1 years (Virginia: 39).
How long is the commute in Grundy?
The average commute to work in Grundy is 18 minutes; 11.4% of workers work from home.
What is the unemployment rate in Grundy?
The unemployment rate in Grundy is 3.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Grundy?
34.9% of adults in Grundy 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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