Floyd town, Virginia Demographics & Population 2026

Population Overview

Floyd town is a small community located in Virginia. The total population is 510. It ranks as the 472nd most populous out of 681 cities and towns in Virginia.

Age Demographics

The median age in Floyd town is 55.2 years. This is 42% higher than the state median of 38.8 years. Only 13.3% of residents are under 18, indicating fewer families with children. 13.5% 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 Floyd town is $62,283. This is 32% lower than the state median of $90,974. Compared to the national median of $78,538, household income here is 21% lower. The poverty rate stands at 13.5%. This is 36% higher than the state poverty rate of 9.9%. The unemployment rate is 1.3%. This is 71% lower than the state rate of 4.3%. The median home value is $239,800. Housing costs are 34% lower than the state median of $360,700. The home-value-to-income ratio is 3.9x. 61.1% of occupied housing units are owner-occupied. This homeownership rate is 9% lower than the state average of 67.2%.

Race & Ethnicity

Floyd town has a predominantly White (non-Hispanic) population, comprising 88.4% of all residents. Hispanic or Latino residents account for 8.2%. The Black or African American population (2.0%) is well below the state average of 18.4%.

Education

36.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 11% lower than the state rate of 41.5%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.1%. Notably, 18.7% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Floyd town, Virginia is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. 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. For official data, visit data.census.gov.