New River, VA Profile: Facts & Data


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New River, Virginia - Basic Facts

The New River Census Designated Place had a population of 247 as of July 1, 2020.

The primary coordinate point for New River is located at latitude 37.1335 and longitude -80.5914 in Pulaski County. The formal boundaries for the New River Census Designated Place encompass a land area of 0.39 sq. miles and a water area of 0 sq. miles. Pulaski County is in the Eastern time zone (GMT -5). The elevation is 1,939 feet.

The New River Census Designated Place (GNIS ID: 2584894) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

Alternate Unofficial Names for New River: New River Bridge, New River Depot, Newriver Depot, Woods River.


New River, VA Data & Demographics (As of July 1, 2020)


Total Population 247 (100%)
Population in Households 245 (99.2%)
Population in Families 188 (76.1%)
Population in Group Quarters1 2 ( 0.8%)
Population Density 628
Diversity Index2 28


Median Household Income $51,514
Average Household Income $71,040
% of Income for Mortgage4 10%
Per Capita Income $33,025
Wealth Index5 75


Total HU (Housing Units) 131 (100%)
Owner Occupied HU 83 (63.4%)
Renter Occupied HU 29 (22.1%)
Vacant Housing Units 19 (14.5%)
Median Home Value $128,846
Average Home Value $130,488
Housing Affordability Index3 264


Total Households 112
Average Household Size 2.19
Family Households 67
Average Family Size 3
  1. 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.
  2. 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.
  3. 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.
  4. 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).
  5. 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.


2010-2020 2020-2025
Population 0.12% -0.16%
Households 0.18% -0.18%
Families -1.47% 0.0%
Median Household Income   1.96%
Per Capita Income   2.77%
Owner Occupied HU   0.0%


New River, VA - Peer Comparisons by Rank and Percentile

The table below compares New River to the other 593 incorporated cities, towns and CDPs in Virginia by rank and percentile using July 1, 2020 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 # 520 13th
Population Density # 332 44th
Median Household Income # 327 45th
Housing Affordability Index # 556 94th
Per Capita Income # 218 63rd
Diversity Index # 430 28th

Additional comparisons and rankings can be made with a VERY EASY TO USE Virginia Census Data Comparison Tool.

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