Craig County VA Data & Peer Group Rankings

HOUSING AFFORDABILITY INDEX
Craig County VA Housing Affordability Index is 137 State of Virginia Housing Affordability Index is 126
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.

WEALTH INDEX
Craig County VA Wealth Index is 47 State of Virginia Wealth Index is 124
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.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties / Independent Cities, and ZIP Codes.

POPULATION
Total Population	5,255
Population in Households	5,246
Population in Familes	4,330
Population in Group Qrtrs	9
Population Density	16
Diversity Index¹	6

INCOME
Median Household Income	$46,398
Average Household Income	$56,835
Per Capita Income	$23,926
Wealth Index³	47

HOUSING
Total Housing Units	2,944 (100%)
Owner Occupied HU	1,660 (56.4%)
Renter Occupied HU	552 (18.7%)
Vacant Housing Units	732 (24.9%)
Median Home Value	$173,363
Housing Affordability Index²	137

HOUSEHOLDS
Total Households	2,212
Average Household Size	2.37
Family Households	1,510
Average Family Size	3

NOTES

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 race 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 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.

Craig County VA - Peer Comparisons by Rank and Percentile

The table below compares Craig County to the other 133 counties / independent cities and county equivalents in Virginia by rank and percentile using July 1, 2019 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.

GROWTH RATE / YEAR	2010-2019	2019-2024
Population	0.13%	-0.08%
Households	0.14%	-0.07%
Families	0.04%	-0.15%
Median Household Income		2.38%
Per Capita Income		2.07%

Variable Description	Rank	Percentile
Total Population	# 130	3rd
Population Density	# 131	2nd
Diversity Index	# 131	2nd
Median Household Income	# 90	33rd
Per Capita Income	# 95	29th

Craig County VA Information

Craig County VA Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

WEALTH INDEX

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Craig County VA - Peer Comparisons by Rank and Percentile

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