Castlewood, Virginia Demographics & Population 2026
During the 2020–2024 ACS period, Castlewood, Virginia had a total population of 1,357, the 340th largest community in Virginia, with a median household income of $60,592, which is 35% lower than the state average. The poverty rate is 10.9%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 35% below the state average, indicating significant economic challenges.
- Only 9.8% of adults have a bachelor's degree, well below the national average of 35.7%.
- Near full employment with an unemployment rate of just 1.3%.
Castlewood Quick Facts
How Castlewood Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 1,120 | 1,357 | +21.2% |
| Median household income | $58,958 | $60,592 | +2.8% |
| Median home value | $163,300 | $157,300 | -3.7% |
How Castlewood Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 61 | National average: 61
Education
Educational Attainment (Adults 25+)
Castlewood Rankings in Virginia
Explore Virginia Rankings
Other Cities in Russell County
Cities Similar to Castlewood
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Hurt | 1,361 | $59,000 | $150,600 | 17.6% | 16.7% |
| Shawsville | 1,411 | N/A | $101,600 | 15.3% | 17.4% |
| Kenbridge | 1,432 | $61,603 | $154,400 | 28.3% | 7.5% |
| Buchanan | 1,367 | $54,226 | $187,500 | 29.0% | 17.9% |
| McGaheysville | 1,327 | $66,761 | $315,700 | 35.2% | 10.5% |
Population Overview
Castlewood is a small community located in Virginia, within Russell County. The total population is 1,357. It ranks as the 340th most populous out of 681 Census-designated places in Virginia.
Age Demographics
The median age in Castlewood is 61.1 years. This is 57% higher than the state median of 39.0 years. Only 14.8% of residents are under 18, indicating fewer families with children. 11.4% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in Castlewood is $60,592. This is 35% lower than the state median of $93,170. It is also 25% lower than the national median of $80,734. The poverty rate stands at 10.9%. This is 11% higher than the state poverty rate of 9.9%. The unemployment rate is 1.3%. This is 70% lower than the state rate of 4.3%. The median home value is $157,300. Housing costs are 59% lower than the state median of $383,700. With a home-value-to-income ratio of just 2.6x, Castlewood is one of the most affordable housing markets in the area. 84.5% of occupied housing units are owner-occupied. This homeownership rate is 25% higher than the state average of 67.3%.
Race & Ethnicity
Castlewood has a predominantly White (non-Hispanic) population, comprising 99.9% of all residents. Black or African American residents account for 0.1%. The White (non-Hispanic) population is significantly higher than the state average (99.9% vs 58.4%). The Black or African American population (0.1%) is well below the state average of 18.3%.
Education
9.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 77% lower than the state rate of 42.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 87.1%.
Data Sources & Methodology
All demographic data for Castlewood, Virginia is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Virginia state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 681 Census-designated places in Virginia. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Castlewood, Virginia?
Castlewood, Virginia has a population of 1,357 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Castlewood, VA?
The median household income in Castlewood is $60,592, which is 25% lower than the national median of $80,734.
What is the poverty rate in Castlewood, VA?
The poverty rate in Castlewood is 10.9%. This means approximately 147 residents live below the federal poverty line.
What is the racial makeup of Castlewood, Virginia?
Castlewood's population is 99.9% White, 0.1% Black, 0.0% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Castlewood, VA?
The median home value in Castlewood is $157,300. The home-value-to-income ratio is 2.6x.
How educated is Castlewood, Virginia?
9.8% of adults (25+) in Castlewood hold a bachelor's degree or higher, and 4.2% hold a graduate or professional degree.