Market Snapshot
| Indicator | Value |
|---|---|
| Population | 4,881 ↓ 0.2% since 2020 |
| Median Household Income | $67,778 9% below national median |
| Median Home Value | $210,500 |
| Unemployment Rate | 2.3% |
| Median Age | 46.1 years |
| Housing Vacancy Rate | 26.9% |
County Profile
| Demographic | Value |
|---|---|
| Total Population (2023) | 4,881 |
| Population (2020) | 4,892 |
| Population Growth | -0.22% |
| Median Household Income | $67,778 |
| Median Home Value | $210,500 |
| Total Housing Units | 2,397 |
| Vacant Housing Units | 645 |
| Housing Vacancy Rate | 26.9% |
| Median Age | 46.1 |
| Bachelor's Degree or Higher | 364 (7.5%) |
| Unemployment Rate | 2.3% |
Market Overview
Craig County, Virginia has a population of 4,881, which has declined 0.22% since 2020. The median household income is $67,778, below the national median of $74,580 by 9.1%. The housing vacancy rate of 26.9% suggests soft market conditions. As part of Virginia, Craig County benefits from the state's growing interest in vacant land investment.
Related Resources
Nearby County Reports
Frequently Asked Questions
What is the current population of Craig County, Virginia?
As of the 2023 American Community Survey, Craig County has a population of 4,881. The county has declined 0.22% since the 2020 Census.
What is the median household income in Craig County?
The median household income in Craig County is $67,778, which is 9.1% below the national median of $74,580.
Is Craig County growing or shrinking?
Craig County is shrinking. The population has declined 0.22% since 2020.
What is the housing market like in Craig County?
The median home value in Craig County is $210,500. The housing vacancy rate is 26.9%, which suggests soft market conditions. The unemployment rate is 2.3%, reflecting the local economic conditions.
Does Reelvest buy land in Craig County, Virginia?
Yes! Reelvest Properties buys vacant land throughout Virginia, including Craig County. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.