Blacksburg-Christiansburg, VA · Virginia

Floyd County

15,560 residents70 permits TTM$61,401 median HHI5 ZIP codesUpdated April 28, 2026
Investor first look

Median home value

$215,500

ACS 5-Year

Cap rate proxy

4.6%

FMR × 0.65 ÷ Home Value

Rent-to-income

16.1%

HUD FMR ÷ ACS HHI

Net migration

+0.86%

IRS SOI

Permits (TTM)

70

Census BPS

Climate risk

6.6

FEMA NRI (0–100)

ZIP code breakdown5 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
241054.6%
243804.0%
240794.0%
240723.5%
240913.3%

Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.

Demographics

Owner-occupied

84.0%

Census ACS

Vacancy rate

16.3%

Census ACS

Bachelor's degree +

23.0%

Census ACS

Rent burdened

29.1%

Census ACS (>30% income)

Median age

48.0

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 28, 2026