Grottoes, VA
Population 2,926 · Virginia
About Grottoes, VA
Grottoes is a small town located in Virginia with a population of 2,926 residents according to the latest US Census Bureau American Community Survey data. The median household income is $84,508 per year, which is 12% above the national median of $75,149. The median age of 38.1 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Grottoes features a median home value of $267,500, which is 9% above the national median of $244,900. This positions Grottoes in a moderately priced market relative to the rest of the country. Median monthly rent is $847, 27% below the national average of $1,163/month. Of the 1,243 total housing units, 77% are owner-occupied (896 units) and 23% are renter-occupied (267 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Grottoes shows an unemployment rate of 4.8%, which is near the national rate of 3.7%. The poverty rate stands at 10.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Grottoes have an average one-way commute time of 24.6 minutes.
Education & Demographics
23.6% of Grottoes residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 1.7% White, 2.5% Hispanic or Latino, 0.0% Black or African American, and 1.0% Asian residents, with 2.7% of the population being foreign-born.
Cost of Living in Grottoes, VA
Compared to national averages, Grottoes has a median household income of $84,508 (12% above the national median of $75,149). Home values average $267,500, which is 9% above the national median. Monthly rent at $847 is 27% below the US average of $1,163. Within Virginia, Grottoes's income is 4% below the state average of $87,957, and home values are 18% below the state median of $327,514.
Why Live in Grottoes, VA?
Grottoes offers a strong local economy with a median household income of $84,508, well above the national average, and rent that’s lower than the national average at $847/month, and a low poverty rate of 10.6%, better than the national average. Additionally, the city features short commute times averaging just 24.6 minutes.
Grottoes has a population of 2,926 with a median age of 38.1 years. Compare Grottoes with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near Grottoes
Cities in Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Wise | 2,940 | $44,234 | $118,100 | Compare |
| Merrimac | 2,955 | $55,202 | $73,400 | Compare |
| Elkton | 2,973 | $61,385 | $232,300 | Compare |
| Hillsville | 2,869 | $62,861 | $132,600 | Compare |
| Pearisburg | 2,864 | $72,924 | $160,200 | Compare |
| Arcola | 2,858 | $133,992 | $602,700 | Compare |
| Timberville | 2,998 | $56,837 | $211,500 | Compare |
| Windsor | 2,808 | $65,321 | $248,200 | 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 Grottoes With Other Cities
Frequently Asked Questions about Grottoes
What is the population of Grottoes, VA?
The population of Grottoes, VA is 2,926 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 Grottoes?
The median household income in Grottoes, VA is $84,508 per year, which is 12% above the national median of $75,149.
What is the median home value in Grottoes?
The median home value in Grottoes, VA is $267,500, which is 9% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Grottoes?
The median monthly rent in Grottoes, VA is $847, which is 27% below the national average of $1,163/month.
What is the unemployment rate in Grottoes?
The unemployment rate in Grottoes, VA is 4.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Grottoes, VA a good place to live?
Grottoes offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 2,926 and a median age of 38.1, the city appeals to a broad range of residents.
How educated is Grottoes, VA?
23.6% of residents in Grottoes 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 Grottoes?
Key cost-of-living indicators for Grottoes, VA: median home value is $267,500 (9% above national), median rent is $847/month, and median household income is $84,508. The home-value-to-income ratio is 3.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Grottoes?
The poverty rate in Grottoes, VA is 10.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Grottoes, VA?
Grottoes's population is 1.7% White, 2.5% Hispanic or Latino, 0.0% Black or African American, 1.0% Asian, and 2.6% two or more races. 2.7% of residents are foreign-born.