What is the median home price in Radford?

The median home price in Radford, Radford city, Virginia is $204,700, which is 27% below the national average of 281,900 ($281,900).

Radford, Radford city, Virginia has a violent crime rate of 1.4 per 1,000 residents, which is 61% below the national average, making it relatively safe. The national average is 3.6 per 1,000 residents. The property crime rate is 5.8 per 1,000 residents.

What is the Walk Score for Radford?

Radford, Radford city, Virginia has a Walk Score of 0 out of 100, classified as "Almost All Errands Require a Car." The national average Walk Score is 48/100. The bike score is 6/100.

What is the median household income in Radford?

The median household income in Radford, Radford city, Virginia is $51,039, which is 32% below the national average of 74,580 ($74,580).

What is the average rent in Radford?

The median rent in Radford, Radford city, Virginia is $1,267 per month. The national average median rent is $1,163/month.

What is the air quality in Radford?

Radford, Radford city, Virginia has an Air Quality Index (AQI) of 40, categorized as "Good." The national average AQI is 42. An AQI under 50 is considered "Good."

What is the population of Radford?

The population of Radford, Radford city, Virginia is approximately 16,379. The homeownership rate is 80.0% (national average: 65.9%).

What are the climate risks in Radford?

Radford, Radford city, Virginia has an overall climate risk rating of "Relatively Moderate" with a risk score of 71.58. This assessment considers hazards such as flooding, wildfire, extreme heat, and severe storms.

Is Radford affordable?

Radford, Radford city, Virginia has an affordability index of 98, which is below the national baseline of 100, indicating less affordable housing. The electricity rate is 11.0¢/kWh (national average: 16.6¢/kWh).

What is the unemployment rate in Radford?

The unemployment rate in Radford, Radford city, Virginia is 7.2%. The national average unemployment rate is 3.7%. The poverty rate is 33.8% (national average: 12.4%).

Radford

Radford city, Virginia

Affordable

About Radford

If you're seeking a haven of affordability in the heart of Virginia, Radford beckons. This charming city offers a refreshingly accessible lifestyle, with a median home value of just $204,700—a significant contrast to the national average. Radford's slower pace of life is ideal for those seeking a close-knit community vibe. While the median household income of $51,039 reflects the area's affordability, it also hints at a cost of living that allows residents to stretch their dollars further, providing a quality of life that's hard to beat.

From an investment perspective, Radford presents a compelling case. The housing market offers tangible value, and the city's overall safety record is a major draw. Radford is particularly well-suited for first-time homebuyers, those looking to downsize, or anyone seeking a quieter, more affordable lifestyle without sacrificing access to outdoor recreation and community events. While I don't have the exact unemployment rate for Radford, you can rest assured that the local economy offers a diverse range of opportunities.

Radford, Virginia at a Glance

Radford is a city in Radford city, Virginia with a population of approximately 16,379. The median home value is $204,700 and the median household income is $51,039. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.4 per 1,000 residents, which is 61% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $1,267 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.