Blacksburg is a city in Virginia state in USA with a population of 44395 residents.. The poverty rate of Blacksburg is 44.3%, which is 216% higher than national average. The typical household in Blacksburg earns $41711 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 2 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 4 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 55.8% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Blacksburg, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Blacksburg remained 4%, which is 15% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Blacksburg, only 69% of adults have a bachelor's degree and 16% have some college but no degree.

Cost of living in Blacksburg is 107, which is 7% higher than national average. Median home value in Blacksburg is $309800 , which is 35% higher than national average. While median income in Blacksburg remained $41711, which is 38% lower than national average.