Blacksburg, VA β City Data, Demographics & Statistics
Montgomery County Β· Virginia
City DNA
A unique fingerprint for Blacksburg based on 8 key metrics β compared to averages.
Quick Stats
Population
45,288
2023 ACS
Median Income
$48,070
2023
Median Home Value
$417,200
2023
Median Rent
$1,290
2023
Median Age
21.9
Unemployment
4.2%
Cost of Living Index
111.9
100 = national avg
Blacksburg is a city in Montgomery County, Virginia, with a population of 45,288 according to the 2023 American Community Survey. Blacksburg is one of the communities in Virginia.
The median household income in Blacksburg is $48,070, and the median home value is $417,200. The cost of living index is 111.9 (where 100 = national average), and the median rent is $1,290 per month. The unemployment rate is 4.2%, and the median age is 21.9 years.
People & Demographics
Source: U.S. Census Bureau ACS (2023)Population
Total Population
45,288
Male
25,047
55.3%
Female
20,241
44.7%
Median Age
21.9
Education & Household
Bachelor's or Higher
25.6%
High School or Higher
30.0%
Foreign Born
13.7%
Veterans
2.0%
Married
21.5%
Avg Household Size
2.6
Marital Status by Age
Race & Ethnicity
Diversity Index
0.378
Simpson's Index (0-1)
Largest Group
White
77.7%
Foreign Born
13.7%
Hispanic/Latino Ethnicity
Hispanic/Latino is an ethnicity, not a race. People of any race can identify as Hispanic. This percentage overlaps with the racial categories above.
Hispanic/Latino
4.5%
2,033 people
Not Hispanic/Latino
95.5%
Hispanic/Latino Detail
Source: U.S. Census Bureau ACS (2023)Asian Detail
Source: U.S. Census Bureau ACS (2023)Native Hawaiian & Pacific Islander Detail
Source: U.S. Census Bureau ACS (2023)American Indian & Alaska Native Detail
Source: U.S. Census Bureau ACS (2023)Languages Spoken
Total Speakers (5+)
44,098
English Only
84.3%
#1 Non-English Language
Other Indo-European
1,827 speakers
Limited English
2.9%
Language Distribution
English Proficiency
Speaks English Very Well
97.1%
Limited English Proficiency
2.9%
Veterans & Military
Total Veterans
886
2.0% of population
Disability Rate
26.1%
231 with disability
Veteran Median Income
$64,583
Period of Service
Veteran Age Distribution
Male Veterans
822
92.8%
Female Veterans
64
7.2%
Veteran vs Non-Veteran Income
Veteran Income
$64,583
Non-Veteran Income
$14,813
Difference
$49,770
336.0% higher
Disability Status
With Disability
231
Without Disability
655
Disability Rate
26.1%
Ancestry & Heritage
Total Reporting Ancestry
32,162
#1 Ancestry
American
16.7% (7,563)
#2 Ancestry
German
11.9% (5,385)
#3 Ancestry
English
10.6% (4,814)
Top 20 Ancestries
Source: U.S. Census Bureau ACS (2023)Families & Households
Total Households
13,827
Family Households
5,146
37.2%
Married Couples
4,501
32.6%
Non-Family Households
8,681
62.8%
Single Mother Households
499
3.6%
Single Father Households
146
1.1%
Living Alone
4,089
29.6%
Children Under 18
Total Children
4,225
In Married Couple
3,832
90.7%
With Single Mother
334
7.9%
With Single Father
59
1.4%
Family Income
Median Family Income
$137,500
Married Couple Income
$153,771
Single Mother Income
$39,208
Avg Family Size
2.6
Avg Non-Family Size
2.6
Grandparents w/ Grandchildren
264
Grandparents Responsible
44
Economy
Source: U.S. Census Bureau ACS (2023)Income Overview
Median Household Income
$48,070
-34% vs national
Per Capita Income
$29,454
-21% vs national
Poverty Rate
42.8%
+214% vs national
Gini Index
0.6059
0 = perfect equality
Unemployment
4.2%
-20% vs national
SNAP Recipients
2.4%
of households
How Blacksburg Compares
Blacksburg vs Similar Cities
Compared to cities with 25,000 - 50,000 residents. Blacksburg is highlighted.
Median Household Income
Blacksburg, VA has a median household income of $48,070, making it the 22,267th highest median household income out of 28,123 cities in our database. This means that Blacksburg has a higher median household income than 21% of all the cities we measured.
Per Capita Income
Blacksburg, VA has a per capita income of $29,454, making it the 17,856th highest per capita income out of 28,123 cities in our database. This means that Blacksburg has a higher per capita income than 37% of all the cities we measured.
Poverty Rate
Blacksburg, VA has a poverty rate of 42.8%, making it the 1,164th highest poverty rate out of 31,262 cities in our database. This means that Blacksburg has a higher poverty rate than 96% of all the cities we measured.
Unemployment Rate
Blacksburg, VA has a unemployment rate of 4.2%, making it the 14,017th highest unemployment rate out of 31,012 cities in our database. This means that Blacksburg has a higher unemployment rate than 55% of all the cities we measured.
Where Do You Stack Up?
Enter your household income to see how you compare to other households in Blacksburg. The median household income here is $48,070.
Income Distribution
Employment Snapshot
Unemployment Rate
4.2%
-7% vs VA avg
Labor Force
20,907
Employed
19,991
Mean Commute
13 min
How People Get to Work
Employment by Sector
Education & Workforce
Bachelor's Degree+
25.6%
of adults 25+
High School Diploma+
30.0%
of adults 25+
Median Age
21.9
Work from Home
17.2%
of workers
Top Occupations & Wages
Source: Bureau of Labor Statistics OEWS (2024)
Data represents the Blacksburg-Christiansburg-Radford, VA metro area
Highest-Paying Job
General and Operations Managers
Top Median Wage
$95.3K
per year
Occupations Tracked
20
Cost of Living
Overall Index
111.9
100 = national avg
+11.9 vs national average
Living Wage (1 Adult)
$49,222
per year
Living Wage (Family of 4)
$116,342
per year
Cost Index by Category
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD
1 Bedroom
$993
per month
2 Bedroom
$1,271
per month
The median household income in Blacksburg, VA is $48,070, which is 34.4% below the national average of $73,224. Per capita income is $29,454. The poverty rate of 42.8% is higher than the VA state average of 12.2%. The Gini index of income inequality is 0.6059, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 4.2%, compared to the state average of 4.5%. The labor force is 20,907. 25.6% of adults hold a bachelor's degree or higher. The average commute time is 13 minutes, with 17.2% working from home. About 53.9% of workers drive alone to work. The overall cost of living index is 111.9, which is 11.9% above the national average. Housing costs are above the national average at an index of 167.9. A single adult needs to earn approximately $49,222 per year to cover basic expenses.
Housing & Real Estate
Market SnapshotRedfin β January 2026
Median Sale Price
$348,950
Median List Price
$551,750
Price Per Sq Ft
$232
Days on Market
32
Active Inventory
40
Months of Supply
1.5
Seller's market
Zillow Home Value
$403,960
ZHVI β January 2026
Zillow Rent Index
$2,064
ZORI β January 2026
Market CompetitivenessRedfin
Sold Above List
11.5%
Off Market in 2 Weeks
13.3%
Sale-to-List Ratio
98.1%
Buyer's market
Price TrendsRedfin
Market ActivityRedfin
Homes Sold
26
New Listings
12
Pending Sales
15
Price Per Square FootRedfin
Median Sale $/SF
$232
Median List $/SF
$274
House Price IndexFHFA
How much have housing prices increased in Blacksburg, VA? According to the Federal Housing Finance Agency (FHFA) House Price Index for the Blacksburg-Christiansburg-Radford, VA metro area, home prices have risen 96.3% over the past 20 years. The 10-year growth rate is 83.6%. Over the last 5 years, prices increased 52.3%. In the most recent 2-year period, the index rose 12.9%. The FHFA HPI tracks average price changes in repeat sales or refinancings of single-family properties with conforming mortgages. Because this is a metro-level index, it reflects the broader Blacksburg-Christiansburg-Radford, VA housing market rather than Blacksburg alone.
Metro area: Blacksburg-Christiansburg-Radford, VA
Blacksburg vs Similar CitiesCensus ACS / Redfin
Compared to cities with 25,000 - 50,000 residents. Blacksburg is highlighted.
Median Home Value
Blacksburg, VA has a median home value of $417,200, making it the 4,213th highest median home value out of 27,993 cities in our database. This means that Blacksburg has a higher median home value than 85% of all the cities we measured.
Median Rent
Blacksburg, VA has a median rent of $1,290, making it the 5,776th highest median rent out of 22,337 cities in our database. This means that Blacksburg has a higher median rent than 74% of all the cities we measured.
Median Price Per Sq Ft
Blacksburg, VA has a price per square foot of $232, making it the 6,051st highest price per square foot out of 20,748 cities in our database. This means that Blacksburg has a higher price per square foot than 71% of all the cities we measured.
Rent Burden
Blacksburg, VA has a rent burden of 32.2%, making it the 863rd highest rent burden out of 21,928 cities in our database. This means that Blacksburg has a higher rent burden than 96% of all the cities we measured.
Census Housing DataU.S. Census Bureau ACS 2023
Median Home Value
$417,200
Median Rent
$1,290
Total Housing Units
16,893
Vacancy Rate
18.1%
Owner Occupied
34.2%
Renter Occupied
65.8%
Median Property Tax
$3,341
per year
Monthly Cost (w/ Mortgage)
$1,181
Housing Types
Property TaxU.S. Census Bureau ACS 2023
Median Property Tax
$3,341
per year
Effective Tax Rate
0.80%
of home value
Median Home Value
$417,200
Estimated Mean Tax
$3,469
The effective property tax rate is calculated by dividing the median annual property tax ($3,341) by the median home value ($417,200). In Blacksburg, VA, this works out to an effective rate of 0.80%. This is below the national average of approximately 1.1%.
The current median sale price in Blacksburg, VA is $348,950 according to Redfin data. Homes spend a median of 32 days on the market. 11.5% of homes sold above asking price. The market has 1.5 months of supply. The median price per square foot is $232. Zillow's observed rent index is $2,064/month. About 34.2% of housing units are owner-occupied. The median year homes were built is 1983. There are 16,893 total housing units. Homeowners pay a median annual property tax of $3,341. The effective tax rate is 0.80%, below the national average.
Crime Overview
Source: FBI Crime Data Explorer (2024)Violent Crime Rate
0.77
per 1,000 residents
-71% vs national
Property Crime Rate
7.15
per 1,000 residents
-58% vs national
Total Crimes
362
2024
Violent Clearance
37%
cases solved
Property Clearance
20%
cases solved
YoY Change
-11.9%
violent crime rate
improving vs 2023
How Blacksburg Compares
Source: FBI (2024)Blacksburg vs Similar Cities
Source: FBI (2024)Compared to cities with 25,000 - 50,000 residents. Blacksburg is highlighted in green.
Violent Crime Rate (per 1,000)
Property Crime Rate (per 1,000)
Murder Rate (per 1,000)
Crime Rate Trends
Source: FBICrime Composition
Source: FBI (2024)Violent Crime Breakdown
Property Crime Breakdown
Crime Clearance (Solve) Rates
Source: FBI (2024)Blacksburg police solve 53% of aggravated assault cases but only 0% of robbery cases.
Weapon Used in Violent Crime
Source: FBI (2024)Crime Breakdown
Source: FBI Crime Data Explorer (2024)| Crime Type | Category | Count | Rate per 1K | Clearance % |
|---|---|---|---|---|
| Murder | Violent | 0 | 0.00 | N/A |
| Rape | Violent | 19 | 0.42 | 26.3% |
| Robbery | Violent | 1 | 0.02 | 0.0% |
| Aggravated Assault | Violent | 15 | 0.33 | 53.3% |
| Burglary | Property | 31 | 0.68 | 29.0% |
| Larceny/Theft | Property | 285 | 6.23 | 18.2% |
| Motor Vehicle Theft | Property | 11 | 0.24 | 45.5% |
Blacksburg, VA reported 35 violent crimes and 327 property crimes in 2024. The violent crime rate of 0.77 per 1,000 residents is 70.6% below the national average of 2.60 per 1,000. Law enforcement cleared 37% of violent crimes. Larceny/theft accounts for 285 of the property crime reports. Firearms were involved in 20.0% of aggravated assaults. Violent crime has been trending downward.
Crime History
Source: FBI| Year | Violent | Property | Violent Rate | Property Rate |
|---|---|---|---|---|
| 2024 | 35 | 327 | 0.77 | 7.15 |
| 2023 | 40 | 311 | 0.87 | 6.75 |
| 2022 | 22 | 269 | 0.48 | 5.88 |
| 2021 | 36 | 274 | 0.81 | 6.20 |
| 2020 | 29 | 309 | 0.65 | 6.96 |
| 2019 | 50 | 275 | 1.11 | 6.12 |
| 2018 | 42 | 323 | 0.94 | 7.20 |
| 2017 | 26 | 339 | 0.57 | 7.46 |
| 2016 | 44 | 413 | 0.99 | 9.28 |
| 2015 | 28 | 340 | 0.63 | 7.67 |
Natural Hazard Risk
Source: FEMA National Risk IndexRisk Score
47.5
Relatively Low
Expected Annual Loss
54.2
Score (0-100)
Social Vulnerability
26.6
Score (0-100)
Community Resilience
56.6
Score (0-100)
Scores range from 0 (lowest risk) to 100 (highest risk) relative to all U.S. communities. Data from FEMA National Risk Index.
Disaster History & Federal Spending
Source: FEMATotal Declarations
23
Public Assistance
$2.9M
Individual Assistance
$1.2M
Most Common Type
Severe Storm
6 declarations
Public Assistance by Category
Showing 20 of 23 disasters
PA = FEMA Public Assistance (infrastructure recovery). IA = Individual Assistance (homeowner/renter aid).
Flood Insurance (NFIP)
Source: FEMA NFIPTotal Claims
181
Total Claims Paid
$3,217,574
Avg Claim Payout
$17,777
County-level NFIP data from FEMA National Flood Insurance Program.
Hazard Mitigation
Source: FEMA Hazard Mitigation AssistanceMitigation Projects
6
Federal Funding
$125,865
Avg Benefit-Cost Ratio
0.00
BCR
Top Mitigation Project Types
| Project Type | Projects | Federal $ |
|---|---|---|
| 100.1: Public Awareness and Education (Brochures, Workshops, Videos, etc.); 106.1: Other Non Construction (Regular Project Only) | 1 | $21,286 |
| 200.1: Acquisition of Private Real Property (Structures and Land) - Riverine; 200.2: Acquisition of Private Real Property (Structures and Land) - Coastal | 1 | $0 |
| 90.4: Mitigation Plan - Local Multihazard Mitigation Plan | 1 | $75,000 |
| 92.1: State Multihazard Mitigation Plan | 1 | $0 |
| 600.1: Warning Systems (as a Component of a Planned, Adopted, and Exercised Risk Reduction Plan) | 1 | $29,579 |
Federally funded projects to reduce future disaster risk. Only includes completed or obligated projects.
Blacksburg has a relatively low overall natural hazard risk rating according to FEMA's National Risk Index. The top hazard risks are landslide, earthquake, cold wave. The area has had 23 federal disaster declarations. The most common disaster type is severe storm (6 declarations). 181 flood insurance claims have been filed in the area. FEMA has obligated $2,857,556 in public assistance recovery funding. $1,235,627 has been distributed in individual assistance to disaster-affected residents. 6 hazard mitigation projects have been funded to reduce future risk.
Health
Community Health
Source: CDC PLACES
Obesity Rate
24.8%
11.3pp below the national average
Depression Rate
27.1%
3.6pp above the national average
Diabetes Rate
5.7%
6.2pp below the national average
Uninsured Rate
8.9%
1.7pp below the national average
Health Scorecard
Higher scores indicate better health outcomes relative to the national average (50 = average)
Health Outcomes
Age-adjusted prevalence rates. Green bars indicate rates below the national average; red indicates above.
High Cholesterol
24.7%
Arthritis
12.0%
Cancer (excl. skin)
3.3%
Teeth Lost (65+)
12.8%
Health Risk Behaviors
Prevention & Screening
Green bars indicate rates above the national average (more preventive care); red indicates below.
Mental Health & Wellbeing
Frequent Mental Distress
22.3%
14+ days in past month
Depression
27.1%
Loneliness
41.2%
Lack of Support
21.9%
Disability Prevalence
Any Disability
30.5%
Mobility
7.1%
Cognitive
20.8%
Hearing
4.3%
Vision
4.8%
Self-Care
2.4%
Independent Living
9.8%
Health-Related Social Needs
Prevalence of social risk factors affecting community health
Blacksburg has an obesity rate of 24.8%, which is 11.3pp below the national average. The depression rate is 27.1%, 3.6pp above the national average. About 8.9% of adults lack health insurance. 70.9% of residents had an annual checkup in the past year.
Nearby Hospitals
Source: CMS Hospital Compare
Nearest Hospitals
5
With Emergency Services
5
Avg CMS Rating
3.6 / 5
Nearest Hospital
2.1 mi
Lewisgale Hospital Montgomery
| Hospital | Distance | Type | Rating | ER |
|---|---|---|---|---|
| Lewisgale Hospital Montgomery | 2.1 mi | Acute Care Hospitals | 3/5 | Yes |
| Carilion New River Valley Medical Center | 6.7 mi | Acute Care Hospitals | 4/5 | Yes |
| Lewisgale Medical Center | 17.9 mi | Acute Care Hospitals | 2/5 | Yes |
| Salem Va Medical Center | 17.9 mi | Acute Care - Veterans Administration | 5/5 | Yes |
| Carilion Giles Community Hospital | 19.3 mi | Critical Access Hospitals | 4/5 | Yes |
Climate & Environment
Water Systems
Source: EPA SDWISWater Systems
1
Pop. Served
34,578
Violations (5yr)
0
No violations
| System Name | Pop. Served | Violations (5yr) |
|---|---|---|
| BLACKSBURG, TOWN OF | 34,578 | 0 |
Greenhouse Gas Emitters
Source: EPA GHGRP (2023)Facilities Reporting
1
Total COβe
66.0K MT
Top Emitter
Virginia Tech
66.0K MT COβe
Total COβe vs Similar Cities (25,000 - 50,000)
| Facility | Sector | COβe (MT) |
|---|---|---|
Virginia Tech Commonwealth Of Virginia | Other | 66,032 |
Data from EPA Greenhouse Gas Reporting Program (GHGRP). Includes facilities emitting 25,000+ metric tons COβe/year.
There are 1 water system serving the area. 1 industrial facility reports greenhouse gas emissions totaling 66.0K metric tons of COβe.
Infrastructure
Commute Overview2023 ACS
Mean Commute
13 min
-46% vs national
Drive Alone
53.9%
-32% vs national
Public Transit
6.6%
+638% vs national
Work From Home
17.2%
+85% vs national
Carpool
6.6%
Walk / Bike
13.7%
combined
How Blacksburg's Commute ComparesCensus ACS 2023
How People Get to WorkCensus ACS 2023
Commute Mode BreakdownCensus ACS 2023
Traffic Fatalities
Source: NHTSA FARS (2023)Fatalities
1
2023
4-Year Avg
1
fatalities/yr
Nighttime
1
dark conditions
| Year | Crashes | Fatalities | Alcohol | Pedestrian | Cyclist |
|---|---|---|---|---|---|
| 2023 | 1 | 1 | 0 | 0 | 0 |
| 2022 | 1 | 1 | 0 | 1 | 0 |
| 2021 | 1 | 1 | 0 | 1 | 0 |
| 2019 | 1 | 1 | 1 | 0 | 0 |
Data from NHTSA Fatality Analysis Reporting System (FARS). Includes only crashes involving at least one fatality.
The average commute in Blacksburg, VA is 13 minutes, which is 45.7% below the national average of 23 minutes. 53.9% of workers drive alone, compared to the national average of 78.7%. 17.2% work from home, which is above the VA state average of 12.1%. Public transit is used by 6.6% of commuters, compared to the national average of 0.9%. 6.6% of workers carpool. 10.8% walk to work. 2.9% commute by bicycle. In 2023, there were 1 traffic fatality from 1 fatal crash.
Internet & Broadband Access
Source: Census ACSBroadband Access
94.4%
of households
Cable / Fiber / DSL
85.9%
of households
No Internet
3.3%
of households
Total Households
13,827
Internet Subscription Types
Device Ownership
Source: Census ACSHas Computer
98.0%
of households
Smartphone
94.8%
of households
Desktop / Laptop
92.7%
of households
Tablet
71.6%
of households
Percentage of households with each device type. Data from the U.S. Census Bureau ACS (2023 5-year estimates, tables B28001 & B28002).
Electricity Rates
Source: U.S. Energy Information Administration (2024)Residential Rate
14.4Β’
per kWh
-24% vs 25,000 - 50,000 avg
Commercial Rate
8.7Β’
per kWh
-44% vs 25,000 - 50,000 avg
Industrial Rate
9.0Β’
per kWh
-24% vs 25,000 - 50,000 avg
Avg Monthly Bill
$149
residential
+1% vs 25,000 - 50,000 avg
16% below the national average of 17.1Β’/kWh
Residential electricity in Virginia averages 14.4Β’ per kWh, compared to the national average of 17.1Β’. The average monthly electric bill is $149. State-level averages from EIA Electric Sales & Revenue data (2024).
Blacksburg vs Similar Cities
Source: EIA (2024)Comparing electricity rates with randomly selected cities of similar population (25,000 - 50,000). Each city represents its state's average rate.
Residential Rate (Β’/kWh)
Commercial Rate (Β’/kWh)
Industrial Rate (Β’/kWh)
Average Monthly Bill
Water Systems
Source: EPA SDWISWater Systems
1
Population Served
34,578
Violations (5yr)
0
| System Name | Type | Source | Pop. Served | Violations |
|---|---|---|---|---|
| BLACKSBURG, TOWN OF | Community | Purchased surface water | 34,578 | 0 |
94.4% of households in Blacksburg have broadband internet access. 85.9% have cable, fiber, or DSL service. 7.1% rely solely on cellular data without a wired connection. 3.3% of households have no internet access. The area is served by 1 water system, providing water to 34,578 people. No water quality violations have been reported in the past 5 years.
Politics & Government
County-level data: Election results are reported at the county level. Blacksburg is located in Montgomery County, VA. Results reflect all voters in the county, not just those in Blacksburg.
Election Overview
Source: Montgomery County (2024)2024 Winner
Democrat
Dem Votes
23,811
50.9%
GOP Votes
22,179
47.4%
Total Votes
46,767
Margin
D+3.5%
Shift from 2020
R+2.3pp
vs prior election
Election History
Source: County-Level Election Results| Year | Dem Votes | GOP Votes | Total | Dem % | GOP % | Margin |
|---|---|---|---|---|---|---|
| 2024 | 23,811 | 22,179 | 46,767 | 50.9% | 47.4% | D+3.5 |
| 2020 | 23,218 | 20,629 | 45,037 | 51.5% | 45.8% | D+5.7 |
| 2016 | 20,015 | 19,455 | 42,695 | 46.9% | 45.6% | D+1.3 |
In the 2024 presidential election, Montgomery County recorded 46,767 total votes. Democrats won the county with 50.9% of the vote compared to 47.4% for Republicans, a margin of D+3.5%. Compared to 2020, the margin shifted R+2.3pp from the previous election. Since 2016, Montgomery County has shifted 2.2 percentage points toward Democrats.
Nonprofits Overview
Source: IRS Exempt Organizations BMFTotal Nonprofits
300
Total Assets
$3.8B
Total Income
$1.8B
Per 10K Residents
66.2
nonprofits
+12.7% vs peers avg
Orgs with >$1M Assets
42
Median Assets
$437K
Oldest Active
1941
ruling year
Newest Org
2026
ruling year
Nonprofits by Category
Source: IRS / NTEE ClassificationTop 10 hold $3.7B of $3.8B total
Nonprofit Size Distribution
Source: IRS Exempt Organizations BMFNumber of nonprofits by total asset size
When Were Nonprofits Founded?
Source: IRS Ruling DateNumber of currently active nonprofits by founding decade
Nonprofits per 10K Residents vs Similar Cities
Source: IRS BMF + Census ACSCompared to cities with population 25,000 - 50,000
Largest Nonprofits in Blacksburg
Source: IRS Exempt Organizations BMFBlacksburg, VA has 300 registered 501(c)(3) nonprofit organizations with combined assets of $3.8B. The most common category is Education, with 61 organizations. 42 nonprofits have assets exceeding $1 million. That works out to 66.2 nonprofits per 10,000 residents. The oldest active nonprofit dates back to 1941.
SBA Lending Overview
Source: SBA FOIA Loan-Level DataTotal SBA Loans
133
Total Approved
$41.5M
Jobs Supported
1,161
Per 10K Residents
29.4
SBA loans
-69.5% vs peers avg
Unique Lenders
33
Top Lender
The National Bank of Blacksburg
30 loans
Top Industry
Accommodation & Food Services
Data Span
1992β2025
Loan Program Breakdown
Source: SBA FOIALoans
118
Total Amount
$33.4M
Avg Loan
$283,120
Median Loan
$81,750
SBA Guaranteed
$24.9M(74%)
Jobs Supported
1,030
Loans
15
Total Amount
$8.1M
Avg Loan
$537,600
Median Loan
$321,000
Recent Activity (Last 5 Years)
Source: SBA FOIARecent Loans
15
11% of all-time total
Recent Amount
$7.7M
18% of all-time total
Avg Recent Loan
$510,553
Top Industries Funded
Source: SBA FOIA / NAICS CodesSBA Loans per 10K Residents vs Similar Cities
Source: SBA FOIA + Census ACSCompared to cities with population 25,000 - 50,000
Top SBA Borrowers
Source: SBA FOIA| Business | Loans | Amount |
|---|---|---|
| New River Assisted Living Llc & English Meadows Elk's Home Campus Llc | 1 | $4.4M |
| Peace-a-pie Makers Blacksburg Llc | 1 | $3.0M |
| Uxb International Inc. | 1 | $2.5M |
| Payment-as-a-service Corporation | 1 | $2.2M |
| Olio Financial Planning Llc | 1 | $1.8M |
| Mount Kairos Llc | 1 | $1.7M |
| A and K Cares Inc | 2 | $1.4M |
| Mellow Mushroom Blacksburg | 1 | $1.3M |
| Rainbow Riders Childcare Cente | 1 | $1.2M |
| Main Street Inn Associates Llc | 1 | $1.1M |
Blacksburg, VA has received 133 SBA loans totaling $41.5M in approved funding between 1992 and 2025. The 7(a) program accounts for 118 loans (89% of the total), supporting 1,030 jobs. The 504 program, focused on real estate and large equipment, has funded 15 loans totaling $8.1M. The most common industry receiving SBA funding is Accommodation & Food Services. The most active SBA lender in Blacksburg is The National Bank of Blacksburg with 30 loans. That works out to 29.4 SBA loans per 10,000 residents.
ZIP Code Overview
Source: Census ACSZIP Codes
5
Total Population
91,411
Avg Median Income
-$266,624,467
Avg Home Value
-$266,484,186
ZIP Code Details
Source: Census ACS| ZIP Code | Population | Median Income | Home Value | Median Rent | Area (sq mi) |
|---|---|---|---|---|---|
| 24060 | 48,197 | $63,496 | $412,300 | $1,266 | 130.8 |
| 24061 | 9,194 | N/A | N/A | N/A | 1.1 |
| 24073 | 30,125 | $75,103 | $247,200 | $1,150 | 89.6 |
| 24128 | 1,660 | $72,396 | $252,900 | $656 | 73.7 |
| 24142 | 2,235 | N/A | N/A | N/A | 0.1 |
Blacksburg, VA has 5 ZIP codes with a combined population of 91,411. The average median household income across all ZIP codes is -$266,624,467. The average median home value is -$266,484,186. The average median monthly rent is -$266,666,052.
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