HomeVirginiaBotetourt CountyCloverdale CDP
Cloverdale CDP, Virginia: commercial real estate data.
Cloverdale CDP 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.
66 sourced place values · tier FULL · 7 sections · 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
- Ninetieth percentile 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
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
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
These are Botetourt County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Cloverdale measurements.
- Establishments in Botetourt County776
- Employment at those establishments, Botetourt County12,180
- Covered employment, Botetourt County11,729
- Average annual pay, Botetourt County$58,347
- Average weekly wage, Botetourt County$1,122
- Housing units permitted, Botetourt County116
- Of those, single family, Botetourt County116
- County product, 2024, Botetourt County$1,882,452,000
- County product change over the prior year, Botetourt County5.6 percent
- Average income of an arriving household, Botetourt County$71,923
Every figure in this section is published for Botetourt County as a whole and is not a measurement of Cloverdale. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $400,000, 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 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Cloverdale figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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