Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 48.6 yrs |
|---|---|
| Avg HH Size | 2.48 |
| Below Poverty | 26.8% ▲ 168% above avg |
| College Grads | 22.7% ▼ 42% below avg |
| Unemployment | 2.7% ▼ 45% below avg |
| No HS Diploma | 87 (2%) |
| HS Graduate | 1,681 (38.2%) |
| Some College | 1,065 (24.2%) |
| Associates | 568 (12.9%) |
| Bachelors | 439 (10%) |
| Graduate Degree | 557 (12.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $40,000 ▼ 48% below avg |
|---|---|
| Median Home Value | $117,700 ▼ 58% below avg |
| Home/Income Ratio | 2.9x (nat avg ~3.5x) |
| Median Rent | $777/mo |
| Total Housing Units | 3,680 |
| Vacant Units | 990 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Grundy is a city in Virginia, located in Buchanan County. The city spans 1 ZIP code and is home to approximately 6,992 residents. It is a mature city, with a median age of 48.6 years.
Economically, Grundy is a lower-income community. The median household income of $40,000 is below the national average. Approximately 26.8% of residents live below the poverty line. The unemployment rate is 2.7%, below the national average.
The real estate market in Grundy is one of the more affordable housing markets in the country. Median home values stand at $117,700, which is well below the national average. Renters typically pay around $777 per month. Homeownership is high at 85.3%, typical of suburban and family-oriented communities.
The population of Grundy is less-educated. 22.7% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (97.47%).
Grundy, VA offers residents a cost-conscious lifestyle within Virginia.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 24614 | 6,992 | $40,000 | $117,700 | $777 | 2.7% | 22.7% | 85.3% |