Castlewood, Russell County, VA demographics:
population, income, and more
Castlewood population
How many people live in Castlewood
Castlewood is home to 1,357 residents, according to the most recent Census data. Gender-wise, 50.6% of Castlewood locals are male, and 49.4% are female.
Age demographics
Adults between 25 and 44 make up 18.9% of the population, while another 33% fall into the 45 to 64 bracket. Finally, around 33.2% are 65 or older.
Racial makeup
At the same time, 3.2% of residents are non-citizens. There’s also a share of 0.1% that includes residents with two or more races.
Households in Castlewood
A peek inside Castlewood households
Castlewood has 650 households, with an average of 2 members in each. Of these, 66.6% are families, while the remaining 33.4% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Castlewood
The housing landscape of Castlewood
Castlewood's housing consists of 852 units, with 69.6% being detached single-family homes ideal for those wanting space. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 25.8% of the housing landscape.
The age of buildings in Castlewood
In Castlewood, the median construction year is 1979. About 4.5% of homes were built before the 1940s, with another 7.9% going up by 1949. Most development happened in the second half of the 20th century.
Castlewood occupancy rates
Out of the 650 occupied housing units in Castlewood, 84.5% are owner-occupied, while 15.5% are lived in by tenants. Meanwhile, 23.7% of all homes on the local market sit vacant.
Castlewood housing costs
Housing costs in Castlewood come to a median of $620 per month, while tenants specifically pay a median gross rent of $684.
Education in Castlewood
Castlewood education at a glance
About 47.3% of the population in Castlewood went to high school, while 19.5% pursued college studies. Another 14.4% earned an associate degree and 5.5% hold a bachelor’s. Meanwhile, 4.2% went even further, earning a master’s or doctorate.
Income in Castlewood
How much people earn in Castlewood
The average annual household income in Castlewood was $64,885 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -6.1% change from the previous year. At the same time, the median income stood at $60,592, reflecting a +2.8% shift over the same period.
Castlewood income by age
In Castlewood, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $68,990. Those with someone between 45 and 64 in charge, often well established professionally, earn $48,711 overall. Overall, 89.1% of the locals in this community live above the poverty line.
Average renter income in Castlewood
To get a better sense of what renters earn on average in Castlewood, their median household income was $28,650 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 28.6%, shows what portion of their earnings goes toward housing expenses.
Employment in Castlewood
Workforce and job types in Castlewood
The job market in Castlewood is powered by 543 working residents, spread across a range of industries and roles. 51% of the working population are employed in professional or administrative positions, while 49% are in hands-on or service-based jobs. Also, 18.8% run their own businesses, 48.2% are employed by private companies, and 12.7% work in the public sector.
Workforce demographics
Available workforce
The unemployment rate in Castlewood stands at 1.3%, representing the share of the workforce currently without a job and actively looking for one.
Transportation in Castlewood
How people get around in Castlewood
What is the median and average household income in Castlewood by zipcode?
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FAQs about Castlewood demographics
What is the total population of Castlewood?
What is the gender ratio in Castlewood?
- 50.6% males (686 residents)
- 49.4% females (671 residents)
What is the median age in Castlewood?
What is the age distribution of the population in Castlewood?
- Under 15: 14.8% (201 residents)
- Ages 15-24: 0% (0 residents)
- Ages 25-44: 18.9% (257 residents)
- Ages 45-64: 33% (448 residents)
- Over 65: 33.2% (451 residents)
What is the racial and ethnic makeup of Castlewood?
- White: 99.8% (1,355 residents)
- Black or African American: 0.1% (1 residents)
- American Indian and Alaska Native: 0% (0 residents)
- Asian: 0% (0 residents)
- Native Hawaiian and Other Pacific Islander: 0% (0 residents)
- Two or More Races: 0.1% (1 residents)
- Other: 0% (0 residents)
What percentage of the population in Castlewood are U.S.-born citizens?
How many housing units are there in Castlewood?
How many households are in Castlewood and what is the average household size?
What is the median household income in Castlewood?
What is the employment rate and job market overview for Castlewood?
Job types:
- White-collar workers: 51% (277 residents)
- Blue-collar workers: 49% (266 residents)
Places of employment:
- Self-employed: 18.8% (102 residents)
- Private companies: 48.2% (262 residents)
- Governmental workers: 12.7% (69 residents)
- Not-for-profit companies: 20.3% (110 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.