What percentage of people rent in Floyd, VA?
40.0% (±12.8 points) of the occupied homes in Floyd, VA are rented (2020–2024 American Community Survey).
That is 106 renting households against 159 that own their home.
In Floyd, the share of households that rent went from 34.2% in 2015–2019 to 40.0% in 2020–2024 (+5.8 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 40.0% (±12.8 points)
- Renting households
- 106 (±52)
- Median renter income
- $26,667 (±$8,189)
Who rents and who owns in Floyd
| Floyd | Floyd County | Virginia | United States | |
|---|---|---|---|---|
| Renter-occupied share | 40.0% (±12.8 points) | 16.1% (±3.3 points) | 32.7% (±0.3 points) | 34.8% |
| Renting households | 106 (±52) | 1,067 (±220) | 1,099,123 (±8,702) | 45,017,354 |
| Owning households | 159 (±51) | 5,560 (±289) | 2,266,609 (±13,049) | 84,210,142 |
| Average renter household size | 1.8 (±0.6) | 2.5 (±0.3) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 1.8 (±0.4) | 2.3 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $26,667 (±$8,189) | $42,819 (±$2,801) | $60,343 (±$529) | $52,966 |
| Median owner household income | $82,604 (±$13,489) | $70,579 (±$10,701) | $114,147 (±$479) | $100,009 |
In Floyd, the renter share is higher than in Floyd County (16.1%).
It is not measurably different from Virginia (32.7%).
It is not measurably different from the national figure (34.8%).
Statewide, it ranks 143 of 464.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Floyd has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 34.2% (±13.3 points) | 40.0% (±12.8 points) | +5.8 percentage points | Not a measurable change |
| Median gross rent | $754 (±$199) | $827 (±$387) | +9.7% | No measurable change after inflation |
| Median household income | $62,250 (±$17,478) | $62,688 (±$21,580) | +0.7% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Floyd
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Floyd | — | 40.0% (±12.8 points) | — |
| Riner | 13 mi | 8.6% (±10.6 points) | Lower |
| Christiansburg | 16 mi | 40.2% (±3.8 points) | Not measurably different |
| Ferrum | 18 mi | 30.5% (±17.3 points) | Not measurably different |
| Plum Creek | 18 mi | 39.1% (±17.5 points) | Not measurably different |
| Shawsville | 18 mi | 16.9% (±14.6 points) | Lower |
| Stuart | 19 mi | 48.0% (±11.0 points) | Not measurably different |
| Radford | 20 mi | 57.7% (±3.7 points) | Higher |
| Patrick Springs | 20 mi | 37.2% (±15.1 points) | Not measurably different |
Nearby places with a measurably lower figure: Riner, VA (8.6%), Shawsville, VA (16.9%).
Nearby places with a measurably higher figure: Radford, VA (57.7%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Floyd
How many renters are there in Floyd?
Floyd has an estimated 106 (±52) renting households, 40.0% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Floyd?
In Floyd, the share of households that rent went from 34.2% in 2015–2019 to 40.0% in 2020–2024 (+5.8 percentage points), not a measurable change.
How big are renting households in Floyd?
A renting household in Floyd has 1.8 people on average, against 1.8 in an owned home.
How much do renters earn in Floyd?
The median renting household in Floyd, VA has an income of $26,667 (±$8,189) a year, against $82,604 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Floyd town, Virginia
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Floyd town, Virginia
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Floyd town, Virginia
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Floyd town, Virginia
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Floyd town, Virginia
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Floyd town, Virginia (place:28544, in state:51).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Floyd at a glance
- Median rent in Floyd
- Income and affordability in Floyd
- Home values in Floyd
- Homeowner costs in Floyd
- Property taxes in Floyd
- Types of homes in Floyd
- Bedrooms in Floyd
- Age of homes in Floyd
- Heating fuel in Floyd
- Commute and cars in Floyd
- How long people stay in Floyd
- Virginia landlord and tenant rules
- Housing across Floyd County
- Virginia places ranked by share of renters
- Housing data for every place in Virginia