Pros and Cons of Living In Blacksburg, Virginia. Is Blacksburg, VA a Nice Place To Live or Retire?

Blacksburg, Virginia

Moving to Blacksburg In Virginia ? Is Blacksburg, VA a Nice Place To Live? Pros and Cons of Living in Blacksburg, Virginia. Find out the best and worst about to live, raise a family or retire in Blacksburg.

Blacksburg is an incorporated town in Montgomery County, Virginia, United States, with a population of 44,826 at the 2020 census. Blacksburg and the surrounding county is dominated economically and demographically by the presence of Virginia Tech.

Blacksburg, Christiansburg, and the city of Radford are the three principal jurisdictions of the Blacksburg-Christiansburg Metropolitan Statistical Area, which encompasses those jurisdictions and all of Montgomery, Pulaski, and Giles counties for statistical purposes. The MSA has an estimated population of 181,863 and is currently one of the faster-growing MSAs in Virginia.

DEMOGRAPHICS

Population
44395
Unemployment
4%
15% NAT AVG.
Poverty
44.3%
216% NAT AVG.
Cost Of Living
107
7% NAT AVG.

ECONOMICS

Median Home Cost
$309800
35% NAT AVG.
Median Income
$41711
38% NAT AVG.
Median Rent
$1141
2% NAT AVG.
Overall Score
8.5

CRIME REPORT

Total Crime
339
67% NAT. AVG.
54% STATE AVG.
Violent Crime
29
83% NAT. AVG.
69% STATE AVG.
Property Crime
310
64% NAT. AVG.
52% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 2
Unemployed People
1 in 25
People Earning < $10,000
1 in 4
People Earning < $50,000
55.8%
People With Any Degree
1 in 1.4

ETHNICITY

Ethnicity Blacksburg USA
White 75.8% 60.1%
African American 4.3% 12.2%
American Indian 0.5% 0.6%
Asian 12.5% 5.6%
Hawaiian 0.1% 0.2%
Multiracial 2.2% 2.8%
Hispanic 4.2% 18.2%
Other 0.5% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Blacksburg USA
Less than $10,000 23.8% 5.8%
$10,000 to $14,999 5.6% 4.1%
$15,000 to $24,999 9.4% 8.5%
$25,000 to $34,999 7.7% 8.6%
$35,000 to $49,999 9.3% 12.0%
$50,000 to $74,999 12.1% 17.2%
$75,000 to $99,999 8.3% 12.8%
$100,000 to $149,999 9.7% 15.6%
$150,000 to $199,999 5.8% 7.1%

EDUCATION

Education Blacksburg USA
< 9th Grade 2% 5.0%
9-12th Grade 2% 7.0%
High School or GED 11% 27.0%
Other College 12% 20.0%
Associate's Degree 4% 9%
Bachelor's Degree 27% 20.0%
Master's Degree 23% 9.0%
Professional Degree 4% 2.0%
Doctorate Degree 15% 1.0%
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. The unemployment rate of Blacksburg remained 4%, which is 15% lower than national rate.

Cost of living in Blacksburg is 107, which is 7% higher than national average. In Blacksburg, only 69% of adults have a bachelor's degree and 16% have some college but no degree. 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.
Blacksburg Scorecard

Jobs60%

Housing85%

Affordability30%

Safety85%

Amenities90%

Diversity80%

Education90%

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