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Floyd County

Learn about the people, housing, costs and businesses in Floyd County County

Median Home$230,457
Median Rent$864/month
Population15,593
Leading IndustriesWholesale Trade · Retail11% wholesale trade
Home Value Growth⬆⬆⬆+21.3% over 2 years
Retirees24% of residentsslightly above average
Homeowners84% of occupied units
Floyd County
VA

Frequently Asked Questions

What are today's mortgage rates in Floyd County?

As of today, the 30-year fixed mortgage rate for Floyd County is approximately 7.054% (7.081% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Floyd County?

The median home value in Floyd County is $230k. The median monthly rent is $864. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Floyd County?

Home values in Floyd County have increased 21.3% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Floyd County?

Based on a typical all-in ownership cost of $682/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Floyd County is $63k/year.

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What industries drive the economy in Floyd County?

The largest employment sectors in Floyd County are public administration (25%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas