Floyd, VA demographics:
population, income, and more
Floyd population
How many people live in Floyd
Floyd is home to 479 residents, according to the most recent Census data. Gender-wise, 39.7% of Floyd locals are male, and 60.3% are female.
Age demographics
The median age in Floyd is 59, with the population distributed as follows: about 10.2% are children under 15, then 8.8% are in the 15 to 24 age group. Adults between 25 and 44 make up 14.4% of the population, while another 23% fall into the 45 to 64 bracket. Finally, around 43.6% are 65 or older.
Racial makeup
In Floyd, 96% of the population are US-born citizens, while 4% have gained naturalized citizenship. As for race, 91.9% of locals are Caucasian, 1% are African American and 1% have Asian roots. There’s also a share of 0.6% that includes residents with two or more races.
Households in Floyd
A peek inside Floyd households
Floyd has 265 households, with an average of 2 members in each. Of these, 40.4% are families, while the remaining 59.6% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Floyd
The housing landscape of Floyd
Floyd's housing consists of 321 units, with 70.7% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 1.9% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 4.4% of the housing landscape.
The age of buildings in Floyd
In Floyd, the median construction year is 1963. About 22.1% of homes were built before the 1940s, with another 7.5% going up by 1949. Most development happened in the second half of the 20th century.
Floyd occupancy rates
Out of the 265 occupied housing units in Floyd, 60% are owner-occupied, while 40% are lived in by tenants. Meanwhile, 17.4% of all homes on the local market sit vacant.
Floyd housing costs
Housing costs in Floyd come to a median of $625 per month, while tenants specifically pay a median gross rent of $827.
Education in Floyd
Floyd education at a glance
About 31.2% of the population in Floyd went to high school, while 21.7% pursued college studies. Another 6.9% earned an associate degree and 16.4% hold a bachelor’s. Meanwhile, 18.3% went even further, earning a master’s or doctorate.
Income in Floyd
How much people earn in Floyd
The average annual household income in Floyd was $77,828 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -7.4% change from the previous year. At the same time, the median income stood at $62,688, reflecting a +0.6% shift over the same period.
Floyd income by age
In Floyd, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $97,917. Overall, 87.3% of the locals in this community live above the poverty line.
Average renter income in Floyd
To get a better sense of what renters earn on average in Floyd, their median household income was $28,250 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 35.1%, shows what portion of their earnings goes toward housing expenses.
Employment in Floyd
Workforce and job types in Floyd
The job market in Floyd is powered by 222 working residents, spread across a range of industries and roles. 84.7% of the working population are employed in professional or administrative positions, while 15.3% are in hands-on or service-based jobs. Also, 10.4% run their own businesses, 39.6% are employed by private companies, and 23.9% work in the public sector.
Workforce demographics
Available workforce
The unemployment rate in Floyd stands at 3.5%, representing the share of the workforce currently without a job and actively looking for one.
Transportation in Floyd
How people get around in Floyd
In Floyd, the average commute time is 15 minutes. Commuting methods vary: 75.7% of residents travel by personal vehicle and 17.3% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.
What is the median and average household income in Floyd by zipcode?
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FAQs about Floyd demographics
What is the total population of Floyd?
What is the gender ratio in Floyd?
- 39.7% males (190 residents)
- 60.3% females (289 residents)
What is the median age in Floyd?
What is the age distribution of the population in Floyd?
- Under 15: 10.2% (49 residents)
- Ages 15-24: 8.8% (42 residents)
- Ages 25-44: 14.4% (69 residents)
- Ages 45-64: 23% (110 residents)
- Over 65: 43.6% (209 residents)
What is the racial and ethnic makeup of Floyd?
- White: 91.9% (440 residents)
- Black or African American: 1% (5 residents)
- American Indian and Alaska Native: 0% (0 residents)
- Asian: 1% (5 residents)
- Native Hawaiian and Other Pacific Islander: 0% (0 residents)
- Two or More Races: 0.6% (3 residents)
- Other: 5.4% (26 residents)
What percentage of the population in Floyd are U.S.-born citizens?
How many housing units are there in Floyd?
How many households are in Floyd and what is the average household size?
What is the median household income in Floyd?
What is the employment rate and job market overview for Floyd?
Job types:
- White-collar workers: 84.7% (188 residents)
- Blue-collar workers: 15.3% (34 residents)
Places of employment:
- Self-employed: 10.4% (23 residents)
- Private companies: 39.6% (88 residents)
- Governmental workers: 23.9% (53 residents)
- Not-for-profit companies: 26.1% (58 residents)
Data source & methodology
The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.
The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.
No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.