Rockwood, VA
Population 8,834 · Virginia
About Rockwood, VA
Rockwood is a small town located in Virginia with a population of 8,834 residents according to the latest US Census Bureau American Community Survey data. The median household income is $90,804 per year, which is 21% above the national median of $75,149. The median age of 42.4 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 Rockwood features a median home value of $312,500, which is 28% above the national median of $244,900. This positions Rockwood in a moderately priced market relative to the rest of the country. Median monthly rent is $1,875, 61% above the national average of $1,163/month. Of the 3,618 total housing units, 82% are owner-occupied (2,898 units) and 18% are renter-occupied (621 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Rockwood shows an unemployment rate of 3.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 5.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Rockwood have an average one-way commute time of 24.7 minutes.
Education & Demographics
44.6% of Rockwood residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 2.7% White, 0.1% Hispanic or Latino, 0.5% Black or African American, and 5.3% Asian residents, with 12.5% of the population being foreign-born.
Cost of Living in Rockwood, VA
Compared to national averages, Rockwood has a median household income of $90,804 (21% above the national median of $75,149). Home values average $312,500, which is 28% above the national median. Monthly rent at $1,875 is 61% above the US average of $1,163. Within Virginia, Rockwood's income is 3% above the state average of $87,957, and home values are 5% below the state median of $327,514.
Why Live in Rockwood, VA?
Rockwood offers a strong local economy with a median household income of $90,804, well above the national average, and a strong job market with an unemployment rate of just 3.1%, and a well-educated community where 44.6% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 5.8%, better than the national average, and short commute times averaging just 24.7 minutes.
Rockwood has a population of 8,834 with a median age of 42.4 years. Compare Rockwood with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near Rockwood
Cities in Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Dunn Loring | 8,782 | $236,563 | $935,000 | Compare |
| Pulaski | 8,937 | $50,409 | $152,800 | Compare |
| Smithfield | 8,729 | $110,182 | $358,100 | Compare |
| Purcellville | 8,974 | $162,981 | $594,000 | Compare |
| Montrose | 8,624 | $45,063 | $170,000 | Compare |
| Fair Lakes | 8,617 | $130,789 | $575,500 | Compare |
| Hollymead | 8,566 | $121,795 | $413,700 | Compare |
| Innsbrook | 8,559 | $130,534 | $445,600 | 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 Rockwood With Other Cities
Frequently Asked Questions about Rockwood
What is the population of Rockwood, VA?
The population of Rockwood, VA is 8,834 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 Rockwood?
The median household income in Rockwood, VA is $90,804 per year, which is 21% above the national median of $75,149.
What is the median home value in Rockwood?
The median home value in Rockwood, VA is $312,500, which is 28% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Rockwood?
The median monthly rent in Rockwood, VA is $1,875, which is 61% above the national average of $1,163/month.
What is the unemployment rate in Rockwood?
The unemployment rate in Rockwood, VA is 3.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Rockwood, VA a good place to live?
Rockwood offers above-average incomes, a competitive housing market, and a strong job market. With a population of 8,834 and a median age of 42.4, the city appeals to a broad range of residents.
How educated is Rockwood, VA?
44.6% of residents in Rockwood 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 Rockwood?
Key cost-of-living indicators for Rockwood, VA: median home value is $312,500 (28% above national), median rent is $1,875/month, and median household income is $90,804. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Rockwood?
The poverty rate in Rockwood, VA is 5.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Rockwood, VA?
Rockwood's population is 2.7% White, 0.1% Hispanic or Latino, 0.5% Black or African American, 5.3% Asian, and 16.8% two or more races. 12.5% of residents are foreign-born.