Floyd, VA
Population 510 · Virginia
About Floyd, VA
Floyd is a small community in Virginia with a population of 510 residents. The median household income is $62,283 per year, which is near the national average. The median age in Floyd is 55.2 years.
Housing in Floyd has a median home value of $239,800 and median monthly rent of $717. Of the 322 total housing units, the majority are owner-occupied, with 160 owner-occupied and 102 renter-occupied units.
The unemployment rate in Floyd is 1.3% and the poverty rate is 13.5%. 36.8% of residents hold a bachelor's degree or higher. The average commute time is 12.2 minutes.
How Floyd Ranks in Virginia
Cost of Living in Floyd, VA
Compared to national averages, Floyd has a median household income of $62,283 (17% below the national median of $75,149). Home values average $239,800, which is 2% below the national median. Monthly rent at $717 is 38% below the US average of $1,163. Within Virginia, Floyd's income is 29% below the state average of $87,957, and home values are 27% below the state median of $327,514.
Why Live in Floyd, VA?
Floyd offers affordable housing with a median home value of $239,800, below the US average of $244,900, and rent that’s lower than the national average at $717/month, and a strong job market with an unemployment rate of just 1.3%. Additionally, the city features a well-educated community where 36.8% of residents hold a bachelor’s degree or higher, and short commute times averaging just 12.2 minutes.
Potential considerations include median household income ($62,283) that falls below the national average. However, Floyd’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Floyd has a population of 510 with a median age of 55.2 years. Compare Floyd with other cities to see how it stacks up, or explore all cities in Virginia.
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Other Cities in Virginia
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Floyd
What is the population of Floyd, VA?
The population of Floyd, VA is 510 according to the latest Census data.
What is the median household income in Floyd?
The median household income in Floyd, VA is $62,283 per year.
What is the median home value in Floyd?
The median home value in Floyd, VA is $239,800.
What is the average rent in Floyd?
The median monthly rent in Floyd, VA is $717.
What is the unemployment rate in Floyd?
The unemployment rate in Floyd, VA is 1.3%.