According to statistics, the population in Blacksburg, VA amounts to 44,079, which shows decline 0% compared to the previous year. The median age of the city’s residents is 22. The average household income is $39,910, shifting growth 14% from the past year, and the average property value in Blacksburg, VA growth 4% to $286,500 throughout the year.
|Number Of Employees||19,938|
|Median Property Value||$286,500|
The average household income in Blacksburg, VA grew from $34,863 to $39,910 in the past year. This data is an estimate based upon 13,771 households in Blacksburg, VA . The chart below presents how household income is distributed in Blacksburg, VA in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Blacksburg, VA shifted from $276,500 to $286,500 throughout the year. The subsequent graph indicates the share of properties in the given price range in Blacksburg, VA in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Blacksburg, VA properties falls in the '$250,000 to $299,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Blacksburg, VA compared to median property taxes around the country. The prevalent amount of property taxes in Blacksburg, VA equals $3000, which is less than the national average.
During Oct 2022, the average price for an apartment in/near Blacksburg, VA decreased by 26% to $433,178.
After collecting all data points, we now see that the average price for 1-bed apartment decreased by 25.8% to $360,000. Asking price for 2-bed apartment also increased by 19.2% and a place of this size will now cost you $337,500. A 3-bed apartment goes for $445,680, it increased by 11.2% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 22.2% and made it down to $521,542.
While assessing the property pricing Blacksburg, VA, you can note that it remains flat with a price tag of $310,000. Price reports demonstrate that house price decreased by 18.2% this month making it up to $481,597. Condos faced an upward trend these days. The median price for a condo decreased by 12.2%, it’s now available for $410,917. The property value of townhouses increased by 73.9%, you’ll have to spend around $443,333 to get one.