HomeVirginiaMontgomery CountyBlacksburg town
Blacksburg town, Virginia: commercial real estate data.
Blacksburg town is a Census town of 45,446 people across 19.80 square miles of land, in Montgomery County. Median household income is $50,182, 35.8 percent of occupied homes are owned, and the SBA record carries 23 7(a) approvals to borrowers here worth $10.2 m.
76 sourced place values · tier FULL · 8 sections
Blacksburg
What Blacksburg is
- Census place typetown
- Land area19.8 sq mi
- Water area0.03 sq mi
- Population per square mile of land2,296
- County holding the largest share of its areaMontgomery 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.
Blacksburg
How many people live in Blacksburg
- Population45,446
- Median age21.9
- Population under 184,436
- Share under 189.8 percent
- Population 65 and over3,474
- Share 65 and over7.6 percent
- Households13,840
- Family households5,270
- Share of households that are families38.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Blacksburg
Income and work in Blacksburg
- Median household income$50,182
- Per capita income$31,899
- Civilian labor force21,032
- Employed20,376
- Unemployed656 plus or minus 182
- Unemployment rate3.1 percent plus or minus 0.9
- Adults 25 and over16,863
- Adults 25 and over with a high school diploma or higher98.0 percent
- Adults 25 and over with a bachelor degree or higher69.2 percent
- Adults 25 and over with a graduate degree40.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Blacksburg
Housing in Blacksburg
- Housing units17,028
- Occupied units13,840
- Vacant units3,188
- Vacancy rate18.7 percent
- Owner occupied4,955
- Renter occupied8,885
- Ownership rate35.8 percent
- Median owner-occupied home value$446,300
- Median gross rent, monthly$1,359
- Annual rent as a share of median income32.5 percent
- Single family units7,423
- Share single family43.6 percent
- Units in buildings of two or more9,286
- Share in buildings of two or more54.5 percent
- Mobile homes319 plus or minus 164
- Median year structure built1985
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Blacksburg
How Blacksburg gets to work
- Workers 16 and over who commute15,994
- Commuting under 15 minutes9,382
- Share commuting under 15 minutes58.7 percent
- Commuting 30 minutes or more1,945
- Share commuting 30 minutes or more12.2 percent
- Drove alone51.0 percent
- Carpooled7.0 percent plus or minus 1.8
- Public transport6.2 percent plus or minus 1.8
- Walked11.8 percent
- Worked from home18.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Blacksburg
SBA 7(a) lending to Blacksburg borrowers
- Approvals23
- Gross approval$10,225,100
- Average approval$444,570
- Median approval$150,000
- Ninetieth percentile approval$1,070,000
- Largest approval$2,230,000
- Jobs supported220
- Jobs per approval9.6
- Loans with a final outcome6
- Paid in full6
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more4.3 percent
- Share to franchises13.0 percent
- Distinct lenders14
- Distinct industries by NAICS18
A charge-off rate is not published here. only 6 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.
Blacksburg
SBA 504 lending to Blacksburg borrowers
- Approvals5
- Gross approval$2,637,000
- Average approval$527,400
- Median approval$290,000
- Largest approval$1,318,000
- Jobs supported28
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Montgomery County, not Blacksburg
Montgomery County context, not Blacksburg figures
These are Montgomery County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Blacksburg measurements.
- Establishments in Montgomery County2,016
- Employment at those establishments, Montgomery County32,210
- Covered employment, Montgomery County43,202
- Average annual pay, Montgomery County$60,810
- Average weekly wage, Montgomery County$1,169
- Housing units permitted, Montgomery County323
- Of those, single family, Montgomery County323
- Average income of an arriving household, Montgomery County$66,513
Every figure in this section is published for Montgomery County as a whole and is not a measurement of Blacksburg. 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 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
Blacksburg questions, answered from the record.
How many people live in Blacksburg, Virginia?
45,446, in 13,840 households. Blacksburg town covers 19.80 square miles of land, which is 2,296 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Blacksburg in?
Montgomery 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 Blacksburg?
$50,182. The median owner-occupied home is valued at $446,300. Median gross rent is $1,359 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Blacksburg businesses?
23 7(a) approvals totalling $10.2 m, across 14 lenders, median approval $150,000, plus 5 504 approvals worth $2.6 m. These count approvals to borrowers whose address is in Blacksburg, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Blacksburg borrowers get paid back?
No rate is published for Blacksburg. only 6 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 Blacksburg figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Montgomery 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 Blacksburg.
Is zoning published for Blacksburg?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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