City

Castlewood, VA

1 ZIP code  ·  Russell County  ·  Virginia

👥5,330Population
💰$47,967Median HH Income▼ 37% below avg
🎂43.1Median Age
🏠$112,800Median Home Value▼ 60% below avg
🎓27.1%College Grads▼ 30% below avg
📊3.7%Unemployment▼ 25% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 48.1% Female 51.9% ♀

Race & Ethnicity

White: 96.1%Hispanic: 1.2%Black: 2%Other: 0.5%Race
White96.1%
Hispanic1.2%
Black2.0%
Other0.5%

Age Breakdown

Under 5
5%
5–17
15%
18–24
6%
25–44
26%
45–64
27%
65+
8%

Key Indicators

Median Age43.1 yrs
Avg HH Size2.47
Below Poverty24.3% ▲ 143% above avg
College Grads27.1% ▼ 30% below avg
Unemployment3.7% ▼ 25% below avg
No HS Diploma28 (0.8%)
HS Graduate1,302 (39.4%)
Some College666 (20.1%)
Associates415 (12.5%)
Bachelors372 (11.2%)
Graduate Degree524 (15.8%)

Education

No HS: 0.8%HS Grad: 39.4%Some College: 20.1%Associates: 12.5%Bachelors: 11.2%Graduate: 15.8%Edu
No HS0.8%
HS Grad39.4%
Some College20.1%
Associates12.5%
Bachelors11.2%
Graduate15.8%
Housing & Income

Housing Tenure

Owner: 75.2%Renter: 24.8%Tenure
Owner75.2%
Renter24.8%

Home Value Distribution

Under $50k
18%
$50k–$100k
23%
$100k–$150k
20%
$150k–$200k
13%
$200k–$300k
19%
$300k–$500k
4%
Over $500k
2%

Financials

Median HH Income$47,967 ▼ 37% below avg
Median Home Value$112,800 ▼ 60% below avg
Home/Income Ratio2.4x (nat avg ~3.5x)
Median Rent$726/mo
Total Housing Units2,687
Vacant Units564

Income Distribution

Under $25k
26%
$25k–$50k
24%
$50k–$75k
16%
$75k–$100k
13%
$100k–$150k
15%
$150k–$200k
3%
Over $200k
2%
Employment & Commute

How People Get to Work

Drove Alone
97%
Work From Home
3%

Commute Time

Under 15 min
26%
15–30 min
30%
30–45 min
18%
Over 45 min
26%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
8%
1960s–1970s
18%
1980s–1990s
16%
2000+
56%
About Castlewood, VA

Castlewood is a city in Virginia, located in Russell County. The city spans 1 ZIP code and is home to approximately 5,330 residents. It is a middle-aged city, with a median age of 43.1 years.

Economically, Castlewood is a working-class community. The median household income of $47,967 is below the national average. Approximately 24.3% of residents live below the poverty line. The unemployment rate is 3.7%, below the national average.

The real estate market in Castlewood is one of the more affordable housing markets in the country. Median home values stand at $112,800, which is well below the national average. Renters typically pay around $726 per month. Homeownership is high at 75.2%, typical of suburban and family-oriented communities.

The population of Castlewood is moderately educated. 27.1% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (96.12%).

Castlewood, VA offers residents a cost-conscious lifestyle within Virginia.

ZIP Codes in Castlewood
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
24224 5,330 $47,967 $112,800 $726 3.7% 27.1% 75.2%