Radford, VA Profile: Facts & Data

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Radford, Virginia - Basic Facts

The City of Radford had a population of 17,701 as of July 1, 2019. Radford ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Virginia. See peer rankings below.

The primary coordinate point for Radford is located at latitude 37.1318 and longitude -80.5764 in Radford (city) County. The formal boundaries for the City of Radford encompass a land area of 9.87 sq. miles and a water area of 0.34 sq. miles. Radford (city) County is in the Eastern time zone (GMT -5). The elevation is 1,860 feet.

The City of Radford (GNIS ID: 1498438) has a C7 Census Class Code which indicates an incorporated place that is independent of any county. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Alternate Unofficial Names for Radford: Central, Central Depot, Ingles Ferry, Lovely Mount, Radford Furnace.

Jump to... (On This Page!)
  1. Radford 2019 Demographic Data
  2. Growth Rates for Radford (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Virginia Research Tools (Easy Tools & Current Data)
  3. Virginia Data Comparison Tool - 2019 Demographics

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

HOUSING AFFORDABILITY INDEX

Radford, VA Housing Affordability Index is 110
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

Radford, VA Wealth Index is 48
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.

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  1. For information about schools and school attendance zones, use the HTL Address Tool
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  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Virginia COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 17,701 (100%)
Population in Households 14,785 (83.5%)
Population in Families 7,537 (42.6%)
Population in Group Quarters1 2,916 (16.5%)
Population Density 1,829
Diversity Index2 32
 

INCOME

Median Household Income $38,051
Average Household Income $55,623
Per Capita Income $20,717
Wealth Index4 48

HOUSING

Total Housing Units 6,709 (100%)
Owner Occupied HU 2,330 (34.7%)
Renter Occupied HU 4,052 (60.4%)
Vacant Housing Units 326 ( 4.9%)
Median Home Value $175,043
Housing Affordability Index3 110
 

HOUSEHOLDS

Total Households 6,383
Average Household Size 2.32
Family Households 2,614
Average Family Size 3
NOTES
  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 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.
  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 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.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.84% 0.5%
Households 0.71% 0.53%
Families 0.54% 0.39%
Median Household Income   2.05%
Per Capita Income   2.6%

Radford, VA - Peer Comparisons by Rank and Percentile

The table below compares Radford to the other 593 incorporated cities, towns and CDPs 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.

Variable Description Rank Percentile
Total Population # 71 88th
Population Density # 146 76th
Diversity Index # 401 33rd
Median Household Income # 508 15th
Per Capita Income # 516 13th

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

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