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Cloverdale, Virginia Demographics & Population 2026

During the 2020–2024 ACS period, Cloverdale, Virginia had a total population of 3,208, the 238th largest community in Virginia, with a median household income of $79,975, which is 14% lower than the state average. The poverty rate is 6.9%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Cloverdale Quick Facts

Population 3,208
Median Household Income $79,975
Median Home Value $359,900
Poverty Rate 6.9%
Unemployment Rate 1.0%
Median Age 54.3 years
Homeownership Rate 74.5%
Affordability Ratio 4.5x
Bachelor's Degree or Higher 32.2%
High School Graduation Rate 91.6%
Diversity Index 26/100
Population 3,208 238th of 681
Median Income $79,975 average
Poverty Rate 6.9% 45% lower than national
Median Home Value $359,900 above average

How Cloverdale Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population3,0953,208+3.7%
Median household income$71,929$79,975+11.2%
Median home value$338,000$359,900+6.5%

How Cloverdale Compares

Economy & Housing

Household Income Distribution

Under $25K 17.3%
$25K-$50K 10.3%
$50K-$100K 36.6%
$100K+ 35.8%
Detailed income brackets
Under $10K
3.1%
$10K-$15K
6.0%
$15K-$20K
7.3%
$20K-$25K
0.9%
$25K-$30K
3.0%
$30K-$35K
0.8%
$35K-$40K
4.9%
$40K-$45K
0.9%
$45K-$50K
0.7%
$50K-$60K
4.2%
$60K-$75K
14.7%
$75K-$100K
17.7%
$100K-$125K
4.3%
$125K-$150K
11.3%
$150K-$200K
12.6%
$200K+
7.6%

Employment

1.0% Unemployment Rate State: 4.3%|National: 5.2%
64.6% Labor Force Participation

Housing Overview

Owner 74.5%
Renter 25.5%
Affordability Index Moderate
4.5x home value to income ratio
Median gross rent $921/mo 13.8% of median household income annually

People & Demographics

Diversity Index

26out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 61 | National average: 61

Education

Cloverdale Rankings in Virginia

#238 Population of 681
#257 Median Income of 585
#286 Education of 680
#202 Home Value of 580

Other Cities in Botetourt County

CityPopulationMedian IncomePovertyHome Value
Daleville 3,797 $103,056 5.5% $370,100
Blue Ridge 2,800 $75,871 2.5% $274,500
Laymantown 1,626 $88,401 1.2% $285,200
Buchanan 1,367 $54,226 17.9% $187,500
Fincastle 858 $72,609 22.1% $257,500
Troutville 475 $63,750 5.7% $221,000
Eagle Rock 67 $67,159 0.0% $108,000
Glen Wilton 66 N/A 0.0% N/A

Cities Similar to Cloverdale

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Gloucester Courthouse3,336$75,341$381,50027.8%8.3%
Marshall3,219$93,594$436,00021.3%20.6%
West Point3,480$78,785$286,80030.9%3.5%
Pearisburg2,860$75,532$157,40012.4%11.9%
Chincoteague3,296$62,917$349,50038.0%10.2%

Population Overview

Cloverdale is a small community located in Virginia, within Botetourt County. The total population is 3,208. It ranks as the 238th most populous out of 681 Census-designated places in Virginia.

Age Demographics

The median age in Cloverdale is 54.3 years. This is 39% higher than the state median of 39.0 years. Only 10.4% of residents are under 18, indicating fewer families with children. 11.6% 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 Cloverdale is $79,975. This is 14% lower than the state median of $93,170. It is also about the same as the national median of $80,734. The poverty rate stands at 6.9%. This is 30% lower than the state poverty rate of 9.9%. The unemployment rate is 1.0%. This is 76% lower than the state rate of 4.3%. The median home value is $359,900. Housing costs are 6% lower than the state median of $383,700. The home-value-to-income ratio is 4.5x. 74.5% of occupied housing units are owner-occupied. This homeownership rate is 11% higher than the state average of 67.3%.

Race & Ethnicity

Cloverdale has a predominantly White (non-Hispanic) population, comprising 85.5% of all residents. Black or African American residents account for 7.0%. The Black or African American population (7.0%) is well below the state average of 18.3%. The Hispanic or Latino population (0.4%) is well below the state average of 11.0%. The Asian population (1.5%) is well below the state average of 6.9%.

Education

32.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 24% 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 91.6%.

Data Sources & Methodology

All demographic data for Cloverdale, 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 Cloverdale, Virginia?

Cloverdale, Virginia has a population of 3,208 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Cloverdale, VA?

The median household income in Cloverdale is $79,975, which is about the same as the national median of $80,734.

What is the poverty rate in Cloverdale, VA?

The poverty rate in Cloverdale is 6.9%. This means approximately 221 residents live below the federal poverty line.

What is the racial makeup of Cloverdale, Virginia?

Cloverdale's population is 85.5% White, 7.0% Black, 0.4% Hispanic/Latino, and 1.5% Asian.

What is the median home value in Cloverdale, VA?

The median home value in Cloverdale is $359,900. The home-value-to-income ratio is 4.5x.

How educated is Cloverdale, Virginia?

32.2% of adults (25+) in Cloverdale hold a bachelor's degree or higher, and 12.6% hold a graduate or professional degree.