HomeVirginiaBotetourt CountyCloverdale
Cloverdale, Virginia: commercial real estate data.
Cloverdale is a Census CDP of 3,208 people across 3.10 square miles of land, in Botetourt County. Median household income is $79,975, 74.5 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $400,000 since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Cloverdale
What Cloverdale is
- Census place typeCDP
- Land area3.1 sq mi
- Water area0.02 sq mi
- Population per square mile of land1,035
- County holding the largest share of its areaBotetourt County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cloverdale
How many people live in Cloverdale
- Population3,208
- Median age54.3
- Population under 18334 plus or minus 135
- Share under 1810.4 percent plus or minus 3.8
- Population 65 and over932 plus or minus 210
- Share 65 and over29.1 percent
- Households1,419
- Family households872 plus or minus 181
- Share of households that are families61.5 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cloverdale
Income and work in Cloverdale
- Median household income$79,975
- Per capita income$49,454
- Civilian labor force1,862 plus or minus 430
- Employed1,843 plus or minus 423
- Unemployed19 plus or minus 33
- Unemployment rate1.0 percent plus or minus 1.8
- Adults 25 and over2,721
- Adults 25 and over with a high school diploma or higher91.6 percent
- Adults 25 and over with a bachelor degree or higher32.2 percent plus or minus 7.3
- Adults 25 and over with a graduate degree12.6 percent plus or minus 4.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cloverdale
Housing in Cloverdale
- Housing units1,613
- Occupied units1,419
- Vacant units194 plus or minus 138
- Vacancy rate12.0 percent plus or minus 8.3
- Owner occupied1,057
- Renter occupied362 plus or minus 225
- Ownership rate74.5 percent
- Median owner-occupied home value$359,900
- Median gross rent, monthly$921
- Annual rent as a share of median income13.8 percent plus or minus 3.0
- Single family units1,360
- Share single family84.3 percent
- Units in buildings of two or more170 plus or minus 98
- Share in buildings of two or more10.5 percent plus or minus 5.8
- Mobile homes83 plus or minus 68
- Median year structure built1983
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cloverdale
How Cloverdale gets to work
- Workers 16 and over who commute1,440 plus or minus 421
- Commuting under 15 minutes715 plus or minus 309
- Share commuting under 15 minutes49.7 percent plus or minus 15.8
- Commuting 30 minutes or more186 plus or minus 95
- Share commuting 30 minutes or more12.9 percent plus or minus 5.4
- Drove alone79.7 percent
- Carpooled4.7 percent plus or minus 5.1
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home14.5 percent plus or minus 6.2
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Cloverdale
SBA loans in Cloverdale (7(a))
- Approvals1
- Gross approval$400,000
- Average approval$400,000
- Median approval$400,000
- Largest approval$400,000
- Jobs supported2
- Jobs per approval2.0
- Loans with a final outcome1
- Paid in full0
- Charged off1
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
Counted by borrower city: approvals to borrowers whose address is in Cloverdale, in any county, FY2020 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Botetourt County, not Cloverdale
Botetourt County context, not Cloverdale figures
- Establishments in Botetourt County776
- Covered employment, Botetourt County11,729
- Average annual pay, Botetourt County$58,347
- Housing units permitted, Botetourt County116
Every figure in this section is published for Botetourt County as a whole and is not a measurement of Cloverdale.
All Botetourt County figures →
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Cloverdale questions, answered from the record.
How many people live in Cloverdale, Virginia?
3,208, in 1,419 households. Cloverdale CDP covers 3.10 square miles of land, which is 1,035 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Cloverdale in?
Botetourt County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Cloverdale?
$79,975. The median owner-occupied home is valued at $359,900. Median gross rent is $921 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Cloverdale businesses?
1 7(a) approvals totaling $400,000 since FY2020, across 1 lenders, median approval $400,000. These count approvals to borrowers whose address is in Cloverdale, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Cloverdale borrowers get paid back?
No rate is published for Cloverdale. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Are the county figures on this page Cloverdale figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Botetourt County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Cloverdale.
Is zoning published for Cloverdale?
No. Nothing on this page presents parcel level zoning.
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