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Radford, Virginia

city · Bedford County (primary) , Radford city

At a glance

16,726
Population
$220,700
Median home value (all homes)
27% below U.S. median
$269,282
Typical market value
Zillow, 2026-07
$1,033/mo
Median rent
23% below U.S. median
$57,348
Median household income
27% below U.S. median
18.3 min
Average commute
87.4%
Homes with broadband
10.45%
Locations with fiber available
8.1%
Unemployment

Cost of living (Clay Affordability Index)

CAI 93 — 7% below the national average. how it's computed

Housing10% below
Goods & services2% below
Utilities5% below
Taxes15% below
Insurance20% below
Commute cost33% below
For business: Virginia is CBII band 2/5 · time to build band 1/5. See state page for the breakdown.

Living here

Colleges in town:
Radford University Graduate degrees
Nearest 4-year college2 mi
Nearest community college7 mi
Nearest technical college9 mi
High school graduates93.8%
College graduates37.9%

Doing business here

Economic development contacts, most local first:

city Radford Economic Development
Radford Economic Development is the city's economic development office, central to the New River Valley and promoting locating a business in Radford. The page highlights advantages such as low cost of living, low crime rates, abundant water supply, low taxes, reliable electric supply, easy commutes, and access to higher education opportunities at Radford University, Virginia Tech, and New River Community College.
county Bedford County Economic Development
Bedford County Office of Economic Development understands the many drivers that support a healthy economy. We are committed to nurturing efforts that result in quality jobs for county residents. We are here to assist you in starting, locating or expanding your business; please contact us so we can learn about your plans. We’re ready to connect you with local, state and national resources that may offer programs or assistance that meet your business needs.
county Bedford County Economic Development
The Bedford County Office of Economic Development helps starting, locating, or expanding businesses in Bedford County by connecting them with local, state, and national resources and supporting workforce development; it serves county residents and local businesses.
state America Electric Power Economic Development
AEP's Economic Development page promotes site selection services and energy solutions to power business growth across its 11-state territory, offering local and regional resources for industries such as manufacturing and data centers.
state Hampton Roads Eco Dev Alliance
At Hampton Roads Alliance, we illuminate the path to economic prosperity. We are a leading economic development organization, working to attract, grow, and retain higher-wage industries and talent in the Hampton Roads region.
state Lake Anna Eco Dev Partnership
The Lake Anna Business Partnership is a nonprofit organization created to enhance the local economy by connecting the people and businesses in the Lake Anna community and by promoting business, economic development, and tourism in Lake Anna, Virginia. It serves local businesses and community members and hosts events such as monthly Business After Hours to facilitate networking.
state Mecklenburg County Economic Dev
Mecklenburg County's government page includes an Economic Development section with a staff directory and a contact line for economic development inquiries.
state Tennessee Valley Authority Sites & Buildings
TVA Economic Development offers programs and services designed to spark job creation, encourage investment, and boost wages, with a team that provides expert site selection services at no cost and serves as a trusted partner, connector, and coach for communities and businesses.
state Virginia Tech Office of Eco Development
The Center for Economic and Community Engagement provides research and university connections to organizations and communities, helping them to think strategically and find a pathway to economic prosperity. We can assist with a variety of projects, including those with a focus on community, talent, entrepreneurship, or technology.
state Virginia's Gateway Region
Virginia's Gateway Region is a private, nonprofit economic development organization that markets the cities of Colonial Heights, Emporia, Hopewell and Petersburg and the surrounding counties of Brunswick, Dinwiddie, Greensville, Prince George and Sussex. VGR fosters regional prosperity through business growth, powerful partnerships and delivering innovative resources to its communities, and focuses its efforts on new and existing business investment and job creation.
state Virginia's Region 2000 Eco Dev Council
The Central Virginia Planning District Commission is a regional planning district that provides planning, transportation planning, community development, and regional initiatives services to member localities in Central Virginia.
state Virginia's aCorridor
MRPDC is an organization that promotes regional cooperation and planning in Southwest Virginia. It provides technical assistance to area jurisdictions in economic and community development, public management and administration, and cartography, including grant applications for economic development projects and maintaining a comprehensive regional economic development strategy.
state Washington Economic Development
Washington County Economic Development is the county's economic development organization focused on attracting and retaining quality jobs, diversifying the economy, and broadening the tax base through quality of life, competitively positioned industrial sites, a strong and well-trained workforce, and a pro-business environment.
State sales taxYes
State income taxYes
Right-to-work stateYes

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