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Grundy, Virginia

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
872
Population
$40,804
Median Income
$203,600
Home Value
52.1
Median Age

Demographics

Grundy has a population of 872 with a median age of 52.1. Here is the racial and ethnic breakdown of the population:

White
72.5%
Asian
14.2%
Black
7.3%
Other
4.5%
Hispanic
1.5%
Demographic Value
Total Population872
Median Age52.1
White72.5%
Black or African American7.3%
Asian14.2%
Hispanic or Latino1.5%
Other / Two or More Races4.5%
Grundy, Virginia — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 72.5%Asian: 14.2%Black: 7.3%Other: 4.5%Other: 1.5%872PopulationWhiteWhite72.5%AsianAsian14.2%BlackBlack7.3%OtherOther4.5%OtherOther1.5%

Income & Economy

The median household income in Grundy is $40,804, which is 49.4% below the national median of $80,610. The per capita income is $25,978. The poverty rate is 23.5%.

$40,804
Median Household Income
$25,978
Per Capita Income
23.5%
Poverty Rate

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Education

In Grundy, 93.8% of residents age 25+ have a high school diploma or higher, and 34.9% hold a bachelor's degree or higher (13.8% with a graduate or professional degree).

HS Diploma+
93.8%
Bachelor's+
34.9%
Graduate+
13.8%
Education Level % of Adults (25+)
High School Diploma or Higher93.8%
Bachelor's Degree or Higher34.9%
Graduate or Professional Degree13.8%

Housing

The median home value in Grundy is $203,600, below the national median of $303,400. The median monthly rent is $950. The homeownership rate is 86.2%.

$203,600
Median Home Value
$950/mo
Median Rent
86.2%
Homeownership Rate
Housing Metric Value
Median Home Value$203,600
Median Monthly Rent$950
Homeownership Rate86.2%
Vacancy Rate25.0%

Salaries in Virginia

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Frequently Asked Questions

What is the population of Grundy, Virginia?
The population of Grundy, Virginia is 872 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Grundy, Virginia?
The median household income in Grundy, Virginia is $40,804. This is 49.4% below the national median of $80,610.
What is the median home value in Grundy, Virginia?
The median home value in Grundy, Virginia is $203,600. The median monthly rent is $950.
What percentage of people in Grundy have a college degree?
In Grundy, Virginia, 34.9% of adults age 25 and older hold a bachelor's degree or higher, and 93.8% have a high school diploma or higher.
Is Grundy, Virginia an affordable place to live?
The home price-to-income ratio in Grundy, Virginia is 5.0x (median home value $203,600 vs. median income $40,804), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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