Businesses for Sale | Blacksburg, Virginia
Discover business opportunities, in or around Blacksburg, with well-established brands, who are looking for people like you to help them grow.
As of the 2024 ACH Map Data, Blacksburg, located in The Old Dominion had a total population of 46,022 people.
City Statistics and Other Information About Blacksburg
Demographics
From a total population of 46,022, Blacksburg has a median age of 22. The average age of males, in Blacksburg, is 21 while the average age of females is 25. When you compare the median age of men and women in Blacksburg, there is an average difference of 3.66 years.
Income
The median income of individuals, in Blacksburg, is $34,960 while the average household income is $39,602. In 2029, the average income per capita for Blacksburg is expected to be $34,960.
Additional Information
24060 - 24063Montgomery County
Is Blacksburg the Best Location for Franchise Opportunities and Growth?
What is the average income in Blacksburg?
The median household income in Blacksburg is $39,602, providing insight into the financial conditions of local residents and their ability to support businesses.
Is Blacksburg an affordable place to start a franchise?
With a median income of $39,602, Blacksburg presents an opportunity for businesses that cater to cost-conscious consumers, making it a strong market for affordable and essential services.
How does Blacksburg's income compare to other locations?
The median income of $39,602 in Blacksburg is below the national median income of $80,610, influencing local consumer spending habits and franchise potential.
Does Blacksburg have a stable workforce to support my business?
Absolutely! With 12,929 employed individuals, Blacksburg offers a solid labor force to support franchise growth.
Is Blacksburg a growing economy?
With a workforce of 12,929 and a median household income of $39,602, Blacksburg provides an emerging economic environment for new business opportunities.
Does homeownership in Blacksburg indicate a stable market?
Homeownership rates at 5,291 show a strong local investment in the community, which benefits long-term franchise success.
