Here's what it costs to live in Blacksburg, Virginia, based on the latest US government data. Renters pay a median of $1,290 per month, while the typical home is valued around $417,200. Households earn a median of $48,070 per year, so rent absorbs a relatively high share of local income. The figures below cover housing, local wages by occupation, demographics, and air quality, all drawn from the US Census Bureau, BEA, HUD, and EPA.
Median Household Income
$48,070
Annual · Census ACS
Median Gross Rent
$1,290
Per month · Census ACS
Median Home Value
$417,200
Census ACS
Cost of Living Index
N/A
BEA RPP · US avg = 100
Studio FMR
$910
HUD Fair Market Rent
1BR Fair Market Rent
$993
HUD FMR
2BR Fair Market Rent
$1,271
HUD FMR
3BR Fair Market Rent
$1,706
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
State Income Tax
5.75%
Top marginal rate
State Sales Tax
5.30%
Statewide base rate (local add-ons may apply)
Source: Tax Foundation (2024)
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | N/A |
| 🏥Registered Nurse | N/A |
| 📚Elementary Teacher | N/A |
| ⚡Electrician | N/A |
| 📊Accountant | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
45,288
Latest estimate
Median Age
21.9 yrs
Census ACS
🌬️
AQI data not available
Source: EPA AirNow
What is the cost of living index for Blacksburg?
The cost of living index for Blacksburg is not yet available in our database.
What is the median rent in Blacksburg?
The median gross rent in Blacksburg is $1,290 per month according to US Census ACS data.
What is the median household income in Blacksburg?
The median household income in Blacksburg is $48,070 per year.
What is the median home value in Blacksburg?
The median home value in Blacksburg is $417,200 based on the latest Census ACS survey.
How is the air quality in Blacksburg?
Air quality data for Blacksburg is not yet available.
What are the taxes like in Blacksburg?
Virginia has a top state income tax rate of 5.75% and a statewide sales tax of 5.30% (local rates may add to this). Source: Tax Foundation, 2024.
Data last updated: December 1, 2024 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology