Craigsville, VA
Population 1,052 · Virginia
About Craigsville, VA
Craigsville is a small town located in Virginia with a population of 1,052 residents according to the latest US Census Bureau American Community Survey data. The median household income is $40,080 per year, which is 47% below the national median of $75,149. The median age of 36.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Craigsville features a median home value of $142,400, which is 42% below the national median of $244,900. This makes Craigsville one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $766, 34% below the national average of $1,163/month. Of the 578 total housing units, 47% are owner-occupied (237 units) and 53% are renter-occupied (272 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Craigsville shows an unemployment rate of 9.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 31.4%, above the national average of 12.4%. Workers in Craigsville have an average one-way commute time of 32.7 minutes.
Education & Demographics
7.8% of Craigsville residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 1.9% White, 0.3% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.1% of the population being foreign-born.
Cost of Living in Craigsville, VA
Compared to national averages, Craigsville has a median household income of $40,080 (47% below the national median of $75,149). Home values average $142,400, which is 42% below the national median. Monthly rent at $766 is 34% below the US average of $1,163. Within Virginia, Craigsville's income is 54% below the state average of $87,957, and home values are 57% below the state median of $327,514.
Why Live in Craigsville, VA?
Craigsville offers affordable housing with a median home value of $142,400, below the US average of $244,900, and rent that’s lower than the national average at $766/month.
Potential considerations include median household income ($40,080) that falls below the national average. However, Craigsville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Craigsville has a population of 1,052 with a median age of 36.8 years. Compare Craigsville with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near Craigsville
Cities in Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| St. Paul | 1,046 | $29,554 | $178,800 | Compare |
| Elliston | 1,041 | $0 | $162,500 | Compare |
| Cluster Springs | 1,038 | $64,250 | $147,000 | Compare |
| Belmont Estates | 1,037 | $95,900 | $398,000 | Compare |
| Plum Creek | 1,067 | $38,915 | $110,900 | Compare |
| Riner | 1,037 | $87,230 | $353,000 | Compare |
| Atkins | 1,026 | $46,432 | $77,700 | Compare |
| Ridgeway | 1,082 | $60,938 | $147,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Virginia
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Craigsville With Other Cities
Frequently Asked Questions about Craigsville
What is the population of Craigsville, VA?
The population of Craigsville, VA is 1,052 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Virginia.
What is the median household income in Craigsville?
The median household income in Craigsville, VA is $40,080 per year, which is 47% below the national median of $75,149.
What is the median home value in Craigsville?
The median home value in Craigsville, VA is $142,400, which is 42% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Craigsville?
The median monthly rent in Craigsville, VA is $766, which is 34% below the national average of $1,163/month.
What is the unemployment rate in Craigsville?
The unemployment rate in Craigsville, VA is 9.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Craigsville, VA a good place to live?
Craigsville offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,052 and a median age of 36.8, the city appeals to a broad range of residents.
How educated is Craigsville, VA?
7.8% of residents in Craigsville aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Craigsville?
Key cost-of-living indicators for Craigsville, VA: median home value is $142,400 (42% below national), median rent is $766/month, and median household income is $40,080. The home-value-to-income ratio is 3.6x, a moderate figure by national standards.
What is the poverty rate in Craigsville?
The poverty rate in Craigsville, VA is 31.4%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Craigsville, VA?
Craigsville's population is 1.9% White, 0.3% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.1% two or more races. 0.1% of residents are foreign-born.