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Virginia · Census place 33648

Grundy town, VA

Quick answer

Grundy town has 782 residents, ranking #416 of 688 places in Virginia. Median household income is $42,417, the median home is worth $187,000 and median gross rent runs $740 a month.

Population
782Grundy town residents
Median household income
$42,417Past 12 months, inflation adjusted
Median home value
$187,000Owner-occupied units
Median gross rent
$740Rent plus utilities, monthly
Median age
54.5 yrsAll residents
Homeownership rate
84.1%Owner-occupied households

What the numbers mean in Grundy town

Housing cost measured against local earnings.

A household earning the Grundy town median would spend about 20.9% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 22.6% of residents and 84.1% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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