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Housing Affordability in Blacksburg, VA
Households that spend 30% or more of income on housing, rent and owner costs compared with income. American Community Survey 2020-2024 5-year estimates.
- Households paying 30%+ for housing
- 43.0%
- Virginia 29.3%
- Renters paying 30%+
- 63.0%
- Virginia 48.5%
- Homeowners paying 30%+
- 13.6%
- Virginia 20.5%
- Owner costs with a mortgage
- $2,072/mo
- Virginia $2,127/mo
Housing costs compared with income
- Renters paying 30% or more4,53763.0%
- Homeowners paying 30% or more67013.6%
- Renters paying 50% or more3,34446.4%
- Median rent as a share of income: 44.1%
- Median owner costs as a share of income, with a mortgage: 18.0%
- Median owner costs without a mortgage: $720/mo
- Median home value divided by median household income: 8.9
How it compares
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| Area | Households paying 30%+ for housing | Renters 30%+ | Owners 30%+ | Median rent as % of income |
|---|---|---|---|---|
| Blacksburg, VA | 43.0% | 63.0% | 13.6% | 44.1% |
| Montgomery County | 30.2% | 52.2% | 14.9% | 31.6% |
| Virginia | 29.3% | 48.5% | 20.5% | 29.4% |
| United States | 32.2% | 51.1% | 22.7% | 30.6% |
Frequently asked questions
- What is the housing cost burden in Blacksburg, VA?
- In Blacksburg, VA, 43.0% of households spend 30% or more of their income on housing costs.
- How does Blacksburg compare with Virginia?
- The households paying 30%+ for housing in Blacksburg is 43.0%, compared with 29.3% for Virginia as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates