Clifton Forge, VA Profile: Facts & Data

Clifton Forge, Virginia - Basic Facts

The Town of Clifton Forge had a population of 3,513 as of July 1, 2024.

The primary coordinate point for Clifton Forge is located at latitude 37.8162 and longitude -79.8245 in Alleghany County. The formal boundaries for the Town of Clifton Forge encompass a land area of 3.02 sq. miles and a water area of 0.06 sq. miles. Alleghany County is in the Eastern time zone (GMT -5).

The Town of Clifton Forge has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

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Clifton Forge, VA Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	3,513 (100%)
Population in Households	3,362 (95.7%)
Population in Families	2,459 (70.0%)
Population in Group Quarters¹	151 ( 4.3%)
Population Density	1,163
Diversity Index²	31


INCOME
Median Household Income	$33,825
Average Household Income	$55,583
% of Income for Mortgage⁴	21%
Per Capita Income	$25,219
Wealth Index⁵	40
Socioeconomic Status Index⁶	Low (44.1)

HOUSING
Total HU (Housing Units)	1,982 (100%)
Owner Occupied HU	1,042 (52.6%)
Renter Occupied HU	546 (27.5%)
Vacant Housing Units	394 (19.9%)
Median Home Value	$114,056
Average Home Value	$142,802
Housing Affordability Index³	119

HOUSEHOLDS
Total Households	1,588
Average Household Size	2.12
Family Households	835
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

1,982 (100%)

Owner Occupied HU

1,042 (52.6%)

Renter Occupied HU

546 (27.5%)

Vacant Housing Units

394 (19.9%)

Median Home Value

$114,056

Average Home Value

$142,802

Housing Affordability Index³

119

HOUSEHOLDS

Total Households

1,588

Average Household Size

2.12

Family Households

835

Average Family Size

3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.28%	-0.43%
Households	-0.42%	-0.25%
Families		-0.56%
Median Household Income		2.14%
Per Capita Income		2.53%
Owner Occupied HU		0.32%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

-0.28%

-0.43%

Households

-0.42%

-0.25%

Families

-0.56%

Median Household Income

2.14%

Per Capita Income

2.53%

Owner Occupied HU

0.32%

Clifton Forge, VA - Peer Comparisons by Rank and Percentile

The table below compares Clifton Forge to the other 688 incorporated cities, towns and CDPs in Virginia by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description	Rank	Percentile
Total Population	# 229	67th
Population Density	# 226	67th
Median Household Income	# 644	7th
Housing Affordability Index	# 543	79th
Per Capita Income	# 584	15th
Diversity Index	# 489	29th

Variable Description

Rank

Percentile

Total Population

# 229

67th

Population Density

# 226

67th

Median Household Income

# 644

7th

Housing Affordability Index

# 543

79th

Per Capita Income

# 584

15th

Diversity Index

# 489

29th

Virginia Census Data Comparison Tool

Clifton Forge, VA Profile: Facts & Data

Clifton Forge, Virginia - Basic Facts

Clifton Forge, VA Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Clifton Forge, VA - Peer Comparisons by Rank and Percentile

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Alleghany County