Housing in Virginia's New River Valley

NRV is the Fourth Best Metro Area for Homeownership in Virginia

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New River Valley, VA – The New River Valley was rated as the fourth best metro area for homeownership in Virginia by LendingTree.

To determine the best cities for homeownership in Virginia, LendingTree looked at data collected in 2013 and 2017 by the U.S. Census Bureau for both metropolitan and micropolitan areas with 10,000 to 50,000 residents. They compared 15 areas on measures that homeowners often use themselves, such as median home values, which are key to determining net worth, and home appreciation, which is key to assessing how well an housing investment has fared. They also looked at local unemployment rates and average commute times, which can help homeowners gauge an area’s overall well-being and livability.

The NRV ranked as number four. Our two large and prominent universities, Virginia Tech and Radford University, have helped attract homebuyers. From 2013 to 2017, the area enjoyed healthy home value appreciation of 5.41%. In the same period, housing costs went up 0.83%. At $181,300, the median home value in 2017 was relatively low for Virginia, but the unemployment rate was just 5.2%, and the average commute time was 21.1 minutes, the second-lowest of all cities surveyed.

Read more about who made the top ten, LendingTree’s methodology, and tips for home buying.

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Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly-skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

Virginia Tech Ranks Top 3 Best College Campuses in America

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Blacksburg, VA – Virginia Tech ranks third in 2020 Best College Campuses by Niche.com.

The rankings are based on on key statistics and student reviews using data from the U.S. Department of Education. Top-ranked colleges offer outstanding campus resources across classrooms, labs, performance venues, housing, food, and recreational facilities. These on campus areas were assessed through student surveys on campus quality, campus crime rate, campus food cost and quality, and housing cost, safety, and quality. Additionally, the surrounding community was evaluated. Niche.com included factors such as median rent, local crime rates, access to amenities, as well as student surveys regarding the local area around campus.

Virginia Tech’s main campus in Blacksburg has 2,600 acres, 213 buildings, an airport, Lane Stadium, Cassell Coliseum, the Moss Arts Center, and an adjacent research park. VT is a highly rated public college located in Blacksburg, Virginia. It is a big institution with an enrollment of 26,603 undergraduate students.

Photo credit: Virginia Tech Office of Undergraduate Admissions

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Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly-skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

pulaski; cheapest place to live; new river valley; cost of living

Pulaski is the Most Affordable Place to Live in Virginia

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Pulaski, VA – For the second year in a row, the town of Pulaski is the number one cheapest place to live in Virginia in 2020 according to HomeSnacks.net.

Housing in Pulaski is super cheap when taken as a proportion of income, whether you’re renting or buying. The median home price in Pulaski is $107,900 and the median rent is $628. With Pulaski residents earning a median income of $46,312, the mortgage or rent payments are a barely noticeable dent in the budget. If you move to Pulaski, you won’t know what people are talking about when they say that Virginia is one of the most expensive states in America. The median income in Pulaski comes in at $46,312 and the median home value is $107,900 for 2020.

HomeSnacks has been ranking the cheapest places to live in Virginia for six years considering the cost of living index along with housing affordability. Find out what other cities were ranked cheapest places to live in Virginia.

Explore more accolades won by NRV counties, city, towns, and universities here.

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Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly-skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

Red Rooster Coffee Company Floyd County, VA

Red Rooster Coffee Ranked Top 50 Coffee Shops in the United States in 2020

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Floyd, VA – Big Seven Travel ranks Red Rooster Coffee at number 46, among best coffee houses across the United States.

From super Instagrammable cafes to those catering to digital nomads and straight through to the coffee shops serving up some world-class affogatos and nitro brew, you’ll find that the best coffee shops in the United States are just as wonderfully eccentric and unique as each state you’ll find them in.

The best coffee shops in the United States in 2020 are the ones committed to not only just the perfect pour but also ensuring that their processes benefit farmers at the source. Red Rooster is a company dedicated to roasting exquisite coffee while making an impact at origin and at home. And, it truly shows in their cafe culture and the quality of the beans they produce. In other words, the cafe’s trendy, the staff is friendly, and the coffee’s top-notch.

Find out who else made the 50 Best Coffee Shops list.

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Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly-skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

The Palisades Wins Restaurateur of the Year Award

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Giles County, VA – Shaena Muldoon, owner and manager of The Palisades, received the Jim Wordsworth Award for Restaurateur of the Year from the Virginia Restaurant, Lodging & Travel Association (VRLTA).

This award recognizes an “Owner, GM, Manager, etc. for his/her extraordinary contributions to Virginia’s restaurant industry and his/her restaurant–and its patrons”. It is named for Jim Wordsworth who continues to set high standards for commitment to Virginia’s Restaurant and Tourism Industry. Shaena received this award for her creative and innovative work in the restaurant industry as well as her contributions to the community at the VRLTA Annual Dinner on October 10th in Richmond, VA. Every year the VRLTA selects winners for the Ordinary Awards to celebrate and honor all of Virginia’s restaurants, lodging establishments and hotels, DMOs, attractions, and more. A full list of all the winners can be found on their website.

Originally Pyne’s General Store, the Palisades Restaurant retains the unique features of its Historic Landmark building, including exposed brick walls, pressed tin ceilings and hardwood floors, in addition to displaying memorabilia from the Eggleston’s lively past.

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Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly-skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

site selection; top metro

Virginia’s New River Valley Top 10 Metro for Site Selection

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New River Valley, VA – The Blacksburg-Christiansburg-Radford metropolitan statistical area, known locally as the New River Valley, has been named a “Top Metro” for 2018 by Site Selection magazine. The 2018 rankings were split into three Top 10 lists based on population, including less than 200,000, 200,000 to 1 million, and over 1 million. Among metropolitan areas with populations less than 200,000, the NRV ranked No. 10 (tie) nationally with six new or expanding corporate facility announcements in 2018. The NRV has consistently held the 10th spot for the past two years. This past year in the New River Valley, six companies have announced projects that are investing a total of $405,702,500 million and creating 1,490 jobs. Published by Conway Inc., Site Selection delivers expansion planning information to over 48,700 readers including corporate executives, site selection consultants, and real estate professionals. The annual “Top Metros” rankings appeared in the March 2019 issue. In order to be considered in Conway Project Database, projects have to meet specific requirements. New construction must meet one or more of the following qualifying criteria:
  • 20 or more new jobs created
  • 20,000 sq. ft. or more
  • $1,000,000 or more investment
Office and/or industrial leases must have an investment of at least $1 million plus add 20 jobs or at least 20,000 sq. ft. of new space. Project also must fall into one of the following categories:
  • Manufacturing
  • Call Center
  • Headquarters
  • Data Center
  • Distribution Warehouse
  • Office
  • Research and Development
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Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly-skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.” Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

Blacksburg is 13th Best College Town to Start a Career

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Blacksburg, VA – According to Business Insider, Blacksburg is the 13th best college town in America to start your career in 2019.

Grand Canyon University conducted a study to identify the best college towns for starting a career. They collected data from the US Census, Yelp, Indeed, official government climate data, and more for all the cities included in the study. Six categories were used to compare the cities and included, similar state of life population, job market, climate, culture, city infrastructure, and financial. Cities were ranked on a scale of 1 – 10 in each category and then added together for a final score between 1 and 60; the higher the better.

In the 13th spot, Blacksburg scored an overall 36.05, falling just short of the 11th spot which Auburn, Alabama and Oxford, Mississippi tied for at 36.15. Notre Dame, Indiana, the top college town to start a career came in at 42.5.

Check out the full list of the top 20 schools here.

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Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly-skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

Christiansburg is 2nd Best City to Live in Virginia

Christiansburg is 2nd Best City to Live in Virginia

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Christiansburg, VA – Christiansburg is ranked as the second best city to live in Virginia by creditdonkey.com.

CreditDonkey scored the cities in Virginia based on:
  • Odds of being a victim of a violent crime
  • Commute time
  • Income
  • Residents who attended some college
  • Restaurants per capita

    • Only cities with an average commute of 30 minutes or less were included.

    Christiansburg’s scores were:
  • Odds of being a victim of a violent crime: 1 in 709
  • Commute time: 19.1 minutes
  • Income: $50,276
  • Residents who attended some college: Bachelor’s Degree or higher 33.6%
  • Restaurants per capita: 1 per 316 inhabitants

    • The atmosphere of Christiansburg was described as “progressive small town living at its best”.

    Explore more accolades won by NRV counties, city, towns, and universities here.

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    Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly-skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”

    Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

    Pulaski Has 8th Lowest Cost of Living in Virginia

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    Pulaski County, VA – Pulaski comes in with the 8th lowest Cost of Living Index (COLI) at 86 in the state of Virginia.

    The index includes cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of private/public transportation (9%), and utilities (10%). Overall, the state of Virginia ranks at 108 with the national average being 100. With a variety of affordable housing options, the housing index for Pulaski is 55 which has a significant impact on the overall score.

    Read more about the breakdown of the COLI here.

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    Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly-skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”

    Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.

    Aerial of Downtown Blacksburg, Virgnia

    Blacksburg Named Top Ten Safest College Town

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    Blacksburg, VA – SafeWise names Blacksburg ninth safest college town in America.

    Each year SafeWise assesses the safety of college towns by analyzing the number of violent crimes and property crimes in each area. Violent crimes include murder, rape, robbery, and aggravated assault while property crimes, which were only considered if there was a tie in violent crime rate, are burglary, larceny, motor vehicle theft, and arson. Blacksburg moved up 13 spots this year as a result of cutting the number of violent crimes nearly in half to 0.53 per 1,000, 3.96 below national average. Property crimes also decreased to 7.46 per 1,000, 19.65 below national average. This improved safety climate is in part due to the ongoing relationship between Blacksburg police and the Virginia Tech police force. The two departments signed a memorandum of understanding allowing them to share jurisdiction and resources including radio and security camera access.

    Blacksburg is only one of two cities in the Commonwealth of Virginia that made the Top 50 list.

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    Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly-skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”

    Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.