Official Federal Data
Radford city, Virginia
FIPS 51750 · Blacksburg-Christiansburg-Radford, VA · Population 16,726
8 Sources
Updated June 22, 2026
$57,348 ▲
Median Income
$80,734 national
4.5% ▲
Unemployment
4% national
9,080
Labor Force
37.9% ▼
Bachelor's+
35.7% national
Small population: 16,726 residents. These figures come from the U.S. Census Bureau’s American Community Survey 5-year estimates, which carry a wide margin of error for places under 20,000 people. Read each value as an approximate range, and treat year-over-year changes as indicative rather than exact. A small shift can reflect survey sampling, not a real change on the ground.
Demographics & Population
Census Bureau American Community Survey 2020-2024 · 5-Year Estimates
Household Income
Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
Median Household
$57,348 ▲
Per Capita
$26,815 ▲
Mean Household
$74,233 ▲
Poverty Rate
28.7% ▼approx.
Median Income Comparison
Radford city$57,348
Virginia$93,170
National$80,734
Population Profile
Source: Census Bureau ACS 2020-2024 · Tables B01001, B02001, B03003
Cohorts
Under 18 · 12.5%
18-34 · 53.9%
35-54 · 15.9%
55-64 · 8.1%
65+ · 9.6%
Race & Ethnicity
Hispanic or Latino is an ethnic category and overlaps with the race categories above.
Educational Attainment
Source: Census Bureau ACS 2020-2024 · Table B15003 · Population 25+
93.8%
High School+
National: 89.6%
▲ +4.2 pts
37.9%
Bachelor's+
National: 35.7%
▲ +2.2 pts
18.7%
Graduate+
National: 14.1%
▲ +4.6 pts
Employment Overview
Source: U.S. Census Bureau · American Community Survey 2020-2024 5-Year Estimates
16,726
Population
9,080
Labor Force
Employed
8,258
Unemployment Rate BLS LAUS 2025 annual
4.5% ▲ +0.8 pts YoY
Mean Commute 8 min below national avg
18.3 min
Work From Home vs 15.1% national
5.3%
Key Takeaways
- Income gap: Households earn meaningfully less than the national median, which directly affects retail demand, housing absorption, and tax base.
- Elevated poverty: At 28.7%, the rate is in economically distressed territory and supports federal funding narratives (CDFI, NMTC, EDA).
- Young population: Median age of 23 is materially below the U.S. norm, a workforce pipeline asset.
Economy & Industry
Bureau of Labor Statistics QCEW · Bureau of Economic Analysis
Key Takeaways
- Largest sector: Manufacturing employs 784 workers (31.5% of tracked sectors), at an average wage of $63,776.
- Wage stratification: Finance and Insurance averages $93,798 while Arts, Entertainment, and Recreation averages $9,670, a 9.7x spread in the same local economy, with implications for workforce development and talent strategy.
Source: BLS QCEW.
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Housing & Affordability
Census ACS · HUD Fair Market Rents FY2026
Housing Overview
Source: Census Bureau ACS 2020-2024 5-Year Estimates · Tables B25001, B25077, B25064
$220,700 ▲
Median Home Value vs 2019
$1,033 ▲
Rent/Mo
42.3% ▼
Owner-Occ
14.2% ▼
Vacancy
3.8x
Home Value to Income Ratio
vs. ~4.1x national average
HUD Fair Market Rents
Source: HUD · Fair Market Rents FY2026
Studio
$910/mo
1 Bedroom
$993/mo
2 Bedroom
$1,271/mo
3 Bedroom
$1,706/mo
4 Bedroom
$2,132/mo
30% of monthly median household income (~$1,434/mo) · rents above this line are typically considered cost-burdened.
Key Takeaways
- In line with national: Home value to income ratio of 3.8x sits near the ~4.1x national average; affordability is neither a clear advantage nor a recruitment friction.
- Renter-majority market: 42.3% owner-occupied; flexible labor mobility but consider home-buying pipeline if attracting families.
- Elevated vacancy: 14.2% vacancy rate. In resort, rural, and seasonal markets much of this is recreational/seasonal (second homes), not available supply; confirm the vacancy-by-reason split before treating it as a redevelopment opportunity.
- Affordable rent tiers: 3 of 5 HUD Fair Market Rent bedroom tiers sit below the 30%-of-median-income affordability threshold (~$1,434/mo).
Source: Census ACS housing tables + HUD Fair Market Rents.
Workforce Pipeline
Labor force readiness, commuting, and workforce composition
Labor Market Overview
Source: Census ACS 2020-2024 · Tables B01001, B23025, B08303, B08301
13,039 ▼
Working Age (18-64) vs 2019
Mean Commute 8 min below national avg
18.3 min
Work From Home vs 15.1% national
5.3%
Prime-Age Employed (25-54)
78%
of prime-age population
▲ vs 2019
Education & Talent Pipeline
Source: Census ACS 2020-2024 · Table B15003 · College Scorecard
Bachelor's+
37.9% ▼
HS Diploma+
93.8% ▲
Regional / Statewide Institutions
Total credentials awarded
72,277/yr
25,513/yr
10,335/yr
10,020/yr
9,615/yr
9,087/yr
7,707/yr
Aging Workforce
Source: Census Bureau ACS · Derived from age & employment tables
10.5%
55-64 of working-age population (18-64)
Workforce by Occupation
Source: Census ACS 2020-2024 · Table C24010 · Civilian employed population 16+
Management / Professional
37.8%
Service
21.7%
Sales & Office
22.5%
Construction / Maint.
3.3%
Production / Transport
14.6%
Bars scaled 2× for visual differentiation; percentage labels show actual share of 8,258 employed workers.
Key Takeaways
- Short commutes: 18.3-minute mean commute is a quality-of-life and labor-access advantage worth surfacing for site selectors.
- Talent pipeline: 6 regional institutions feed the workforce; the top three combined produce 45,868 annual credentials.
Source: ACS workforce data and College Scorecard.
AI Insights
AI-assisted analysis, drawn from 8 federal data sources
Industry Shift Analysis
Manufacturing Automation Risk
High
Healthcare Growth Forecast
+4.2% CAGR
Remote Work Migration
67/100
Prospect Match Scores
Advanced Manufacturing
92/100
Life Sciences
84/100
Data Centers
71/100
Illustrative example
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Data Sources
Updated from official federal government data.
Census ACS 5-Year2024
BLS QCEW2025 annual
BLS LAUS (via FRED)2025 annual
BEA Regional GDP2024
HUD Fair Market RentsFY2026
FCC Broadband Map2024
USAspending.govFY2026
College ScorecardAY 2022-23
Frequently Asked Questions
Key economic and demographic figures for Radford city, Virginia, from federal data sources.
What is the population of Radford city, Virginia?
16,726 (U.S. Census Bureau, ACS 5-Year Estimates).
What is the median household income in Radford city, Virginia?
$57,348 (U.S. Census Bureau, ACS 5-Year Estimates).
What is the unemployment rate in Radford city, Virginia?
4.5% (2025 annual average, U.S. Bureau of Labor Statistics, LAUS).
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