Grundy, VA
Population 782 · Virginia
About Grundy, VA
Grundy is a small community located in Virginia with a population of 782 residents according to the latest US Census Bureau American Community Survey data. The median household income is $42,417 per year, which is 44% below the national median of $75,149. The median age of 54.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Grundy features a median home value of $187,000, which is 24% below the national median of $244,900. This positions Grundy in a moderately priced market relative to the rest of the country. Median monthly rent is $740, 36% below the national average of $1,163/month. Of the 503 total housing units, 84% are owner-occupied (322 units) and 16% are renter-occupied (61 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Grundy shows an unemployment rate of 1.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 22.6%, above the national average of 12.4%. Workers in Grundy have an average one-way commute time of 16.2 minutes, one of the shorter commutes in the region.
Education & Demographics
39.0% of Grundy 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 0.8% White, 3.2% Hispanic or Latino, 0.0% Black or African American, and 0.3% Asian residents, with 5.4% of the population being foreign-born.
How Grundy Ranks in Virginia
Cost of Living in Grundy, VA
Compared to national averages, Grundy has a median household income of $42,417 (44% below the national median of $75,149). Home values average $187,000, which is 24% below the national median. Monthly rent at $740 is 36% below the US average of $1,163. Within Virginia, Grundy's income is 52% below the state average of $87,957, and home values are 43% below the state median of $327,514.
Why Live in Grundy, VA?
Grundy offers affordable housing with a median home value of $187,000, below the US average of $244,900, and rent that’s lower than the national average at $740/month, and a strong job market with an unemployment rate of just 1.4%. Additionally, the city features a well-educated community where 39.0% of residents hold a bachelor’s degree or higher, and short commute times averaging just 16.2 minutes.
Potential considerations include median household income ($42,417) that falls below the national average. However, Grundy’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Grundy has a population of 782 with a median age of 54.5 years. Compare Grundy with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near Grundy
Cities in Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Parksley | 782 | $81,250 | $160,400 | Compare |
| Rich Creek | 781 | $49,688 | $129,200 | Compare |
| Shenandoah Shores | 783 | $92,813 | $282,000 | Compare |
| Opal | 784 | $207,708 | $582,000 | Compare |
| Pastoria | 789 | $45,809 | $117,300 | Compare |
| East Stone Gap | 792 | $0 | $113,800 | Compare |
| Middleburg | 793 | $115,724 | $707,800 | Compare |
| Fort Chiswell | 770 | $85,147 | $191,700 | 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 Grundy With Other Cities
Frequently Asked Questions about Grundy
What is the population of Grundy, VA?
The population of Grundy, VA is 782 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Virginia.
What is the median household income in Grundy?
The median household income in Grundy, VA is $42,417 per year, which is 44% below the national median of $75,149.
What is the median home value in Grundy?
The median home value in Grundy, VA is $187,000, which is 24% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Grundy?
The median monthly rent in Grundy, VA is $740, which is 36% below the national average of $1,163/month.
What is the unemployment rate in Grundy?
The unemployment rate in Grundy, VA is 1.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Grundy, VA a good place to live?
Grundy offers a moderate cost of living, affordable housing, and a strong job market. With a population of 782 and a median age of 54.5, the city appeals to established professionals and retirees.
How educated is Grundy, VA?
39.0% of residents in Grundy aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Grundy?
Key cost-of-living indicators for Grundy, VA: median home value is $187,000 (24% below national), median rent is $740/month, and median household income is $42,417. The home-value-to-income ratio is 4.4x, a moderate figure by national standards.
What is the poverty rate in Grundy?
The poverty rate in Grundy, VA is 22.6%, 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 Grundy, VA?
Grundy's population is 0.8% White, 3.2% Hispanic or Latino, 0.0% Black or African American, 0.3% Asian, and 7.8% two or more races. 5.4% of residents are foreign-born.