Radford the #21 Most Wallet-Friendly College City

RADFORD, VA — The city of Radford ranks no. 21 for “wallet-friendliness” among college towns and cities, according to WalletHub. Home of Radford University, Radford has a high population of students, and plenty of low-cost options for entertainment.

Source: WalletHub

The ranking is based on the following metrics:

  • Housing Costs Note: This metric measures the price of a two-bedroom apartment rental.
  • Adjusted Cost of Living for Young People
  • Share of Rental Units
  • Average Monthly Fitness-Club Fee
  • Average Cost of Pizza & Burgers
  • Cost of Higher Education Note: This metric measures the average tuition fee weighted by the number of students.
  • Student Loan Debt per Person
  • Learn more about the City of Radford and Radford University.

    Check out more of the higher education options in the NRV here.

    ###

    Virginia’s New River Valley: For those searching for an inspiring place to live and do business, Virginia’s New River Valley provides both an eclectic small town atmosphere and an innovative, collaborative business community with a loyal, highly skilled, and educated workforce. Offering the best of both worlds – magnificent mountains, cutting-edge research, arts, entertainment, and education – it’s 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.

    Business Advantages Networking

    NRV Among Top Affordable Metros Attracting YPs

    NEW RIVER VALLEY, VA- Virginia’s New River Valley (The Blacksburg-Christiansburg-Radford MSA) ranks among the top metros that are attracting young professionals while maintaining an affordable cost of living. According to PEW, the NRV is among 10 metros that are growing almost as quickly as other well-known, attractive cities for young people like Silicon Valley or Austin, TX, but have more affordable costs of living.  

    Still Affordable, But Attracting Young Professionals

    These metro areas ranked high for affordability, education, and growth in young professionals.
    Columbus, INBismarck, ND
    Midland, MIMorgantown, WV
    Bloomington, ILCedar Rapids, IA
    Idaho Falls, IDNew River Valley, VA
    Sioux Falls, NDRochester, MN
    The data comes from the American Community Survey and was analyzed by Stateline.
    Virginia’s New River Valley, has a unique opportunity for young professionals. Our region enjoys the upscale amenities residents might find in larger urban areas (like public transit and fine dining), while maintaining the perks of low-cost living and small-town charm (like low traffic, and access to outdoor recreation).   The presence of Virginia Tech, Radford University, and New River Community College elevate the importance of education in the region and provide excellent amenities in arts and culture and opportunities for young people and businesses alike to interact with the universities and benefit from their services.  
    The NRV was also ranked a top destination for college graduates based on eight economic and quality-of-life factors that AIER found to influence migration patterns of college grads ages 22-35 among 260 metro areas, large and small. A few of the factors contributing to the New River Valley’s high ranking included its favorable labor market conditions, affordable housing rents, ability to get around without a car, and density of people with a college degree.
    YPs can find plenty of support in the NRV with clubs and networking opportunities such as Up on the Roof, Blacksburg YPs, The Newcomers Club, and more.   Plus, the NRV is home to a myriad of festivals and burgeoning local music scenes that keep up with the times while remembering the roots of SWVA throughout history. For more activities and insight on what it’s like to live in the NRV, check out the Live Here tab!  
    ###
      Virginia’s New River Valley: For those searching for an inspiring place to live and do business, Virginia’s New River Valley provides both an eclectic small town atmosphere and an innovative, collaborative business community with a loyal, highly skilled, and educated workforce. Offering the best of both worlds – magnificent mountains, cutting-edge research, arts, entertainment, and education – it’s 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.

    Onward NRV Works to Reach Radford Alumni

    Onward NRV Executive Director Charlie Jewell, joined by Award-Winning IT Professor Jeff Pittges, took a 2-day trip to Northern Virginia last week to help Radford University alumni reconnect to Virginia’s New River Valley.

    By partnering with the RU Alumni Association, Jewell was able to deliver a 2-minute pitch in front of guests at the RU alumni networking event held at The Goal in Reston, VA. This event was an excellent opportunity to launch and give away some of the NRV branded boxes, which were handcrafted by St. Pierre Woodworking in Floyd, VA and contained goodies representing the NRV. Jewell also scheduled meetings with alumni business leaders to educate them on Onward’s work to attract and grow the four targeted industries for the region.

    The goal was to help communicate the business advantages, job opportunities, and lifestyle amenities in the region to RU alumni. The outbound marketing was also meant to increase awareness of the advantages specifically in Information Technology, Advanced Manufacturing, Food & Beverage Processing, and Unmanned Systems.

    The idea to reach out to alumni was born of the research on the four targeted industries. Many business leaders noted that they are satisfied with their current employees, but harbor some concerns about finding enough employees when it comes time to expand their businesses. Therefore, Onward wants to reconnect with alumni living outside the area that may want to move back in the future in order to communicate what the region has to offer them.

    ###

    Virginia’s New River Valley: For those searching for a beautiful place to live and do business, Virginia’s New River Valley provides both an eclectic small town atmosphere and an innovative, collaborative business community with a loyal, highly skilled, and educated workforce. Offering the best of both worlds – magnificent mountains, cutting-edge research, arts, entertainment, and education – it’s 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.

    Onward NRV Launches New Website for Virginia’s New River Valley

     

    Onward NRV has officially launched the new website (www.NewRiverValleyVA.org) for Virginia’s New River Valley.


    The new site is designed with the river stone branding and reinforces the culture, lifestyle amenities, and business opportunities of the NRV.


    The new logo for Virginia’s New River Valley is a stack of river stones that represent the eclectic and intentional small town living of the region. The different, yet complimentary, colors invoke the NRV’s diverse and innovative business community and its collaborative culture.


    This acts as the portal to a unique brand that stands out among other communities and economic development organizations. Just like the NRV, the river stones logo and collateral imagery are highly adaptable, and work to spotlight the loyal people and innovative industries of the region.


    The new website features updates such as better SEO, interactive maps and sites and buildings database, and email content distribution devices.


    The new site is the product of Onward NRV’s strategic planning to increase visibility for Virginia’s New River Valley. Research surrounding regional communities, industries, and lifestyles was conducted to create the content and design of the new website.


    The website launch will be announced publicly tonight at the 2017 Onward Annual Investor Dinner.


    For more information about Virginia’s New River Valley or Onward NRV, email info@onwardnrv.org.


    ###


    Virginia’s New River Valley: For those searching for a beautiful place to live and do business, Virginia’s New River Valley provides both an eclectic small town atmosphere and an innovative, collaborative business community with a loyal, highly skilled, and educated workforce. Offering the best of both worlds – magnificent mountains, cutting-edge research, arts, entertainment, and education – it’s 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.

    Visitors from VEDP stand at the Falling Branch Corporate Park on a beautiful day.

    VEDP Visits Virginia’s New River Valley

    Sixteen team members from Virginia Economic Development Partnership, hosted by Onward NRV staff, visited Virginia’s New River Valley from August 23-24 to learn more about the region’s communities and targeted industries.

    A group from VEDP prepares to tour the Phoenix Packaging facility in Pulaski County, Virginia

    With an aggressive schedule, the team was able to make 15 stops on their short tour.

    Robotic manufacturing arm at New River Community College in Pulaski County, Virginia

    For Advanced Manufacturing, visits included a tour of Phoenix Packaging in Pulaski County and a tour and lunch at New River Community College to see the training programs in Electronics Technology, Instrumentation and Control Automation, and more.

    The group was only willing to leave the 3D printers and unmanned robotics to view open sites in the NRV suited for manufacturing companies. (Former GE/Fairchild Building in Giles County, NRV Commerce Park in Pulaski County, Falling Branch Corporate Park in Montgomery County)


    To learn more about Information Technology in the NRV, the group toured Rackspace to learn about existing industry and Radford University’s ARTIS lab, which provides a top-knotch learning environment for students who leave ready to enter the workforce.

    Sign on the window of Radford University Artis Lab in Radford, VA

    The group was also able to see suitable sites for IT companies such as the Floyd Innovation Center and Wheatland EcoPark in Giles County.

    Outside the Floyd Innovation Center in Floyd County, VA.

    Information about Food and Beverage Processing manifested in a tour of the Virginia Tech Food Science and Technology facilities including the Sensory Evaluation Lab, Food Safety Pilot Plant, the on campus brewhouse, and more.

    A tour and wine tasting at Chateau Morrissette in Floyd County gave VEDP an inside look at existing industry in the NRV as well.

    Outside of Chateau Morrissette in the mountains of Floyd County, VA.

    The beauty of Virginia’s New River valley was not overlooked. The traveling during to tour allowed for beautiful scenic routes and stops at mountainous overlooks. A delicious breakfast at the Pete Dye River Course in Radford, VA provided an additional view of the New River. Meals during the tour were catered by Prestons at the River, The Blue Door Cafe at Draper Mercantile, The Palisades, and The Floyd Country Store.

    The tour ended with a visit to New Rivers Edge Outfitters, which gave the crew a taste of the outdoors and a look at what living in Giles County and the rest of the New River Valley is like: A Natural Fit.

    New RIvers Edge Outfitters
    Downtown Store fronts in radford virginia a safest city virginia

    Radford the #18 Safest City in Virginia

    Radford is the no. 18 safest city in Virginia, according to SafeWise.

    According to safewise, Virginia has the 3rd lowest violent crime rate in the country, making it overall a safe state. Many of the communities in the NRV rank as some of the safest in the commonwealth.

    These rankings were based on the FBI Crime Report from 2015 and population. Cities with less than 3,000 residents were eliminated. Read more about the rankings from Safewise.

    ###

    Virginia’s New River Valley: For those searching for an inspiring place to live and do business, Virginia’s New River Valley provides both an eclectic small town atmosphere and an innovative, collaborative business community with a loyal, highly skilled, and educated workforce. Offering the best of all worlds – magnificent mountains, cutting-edge research, arts, entertainment, and education – it’s 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.

    NRV Towns Ranked Among Best Places in Virginia to Raise a Family

    WalletHub.com has ranked three New River Valley towns among the 50 places in Virginia to Raise a Family.


    WalletHub’s data team compared communities in Virginia across 21 key indicators of family-friendliness. Their data set ranges from “median family income” to “school-system quality” to “housing affordability.”  Based on their analysis, Christiansburg (No. 15), Blacksburg (No. 33) and Radford (No. 47) all made the list.


    Read more at WalletHub.


    ###


    Virginia’s New River Valley: For those searching for an inspiring place to live and do business, Virginia’s New River Valley provides both an eclectic small town atmosphere and an innovative, collaborative business community with a loyal, highly skilled, and educated workforce. Offering the best of both worlds – magnificent mountains, cutting-edge research, arts, entertainment, and education – it’s 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.

    2016 in the New River Valley, Ranked!

    New River Valley, VA – 2016 was a banner year for the New River Valley in terms of regional and national recognition.  From Fox News to Southern Living to Area Development Magazine, both the region as a whole and the counties, city, towns, and universities within it were recognized for outstanding lifestyle, business, and educational opportunities.

    Although this list is far from comprehensive, we hope that it gives you a good overview of how the New River Valley stacked up against the rest of the country (and world!) in 2016.

     

    Safety First

    •  Blacksburg (#6) and Christiansburg (#11) were ranked by Backgroundchecks.org as two of the top 25 Safest Cities in Virginia.


    Happiness Counts

    •  Blacksburg, Christiansburg, Radford, Floyd, and Pulaski all earned top awards in Blue Ridge Country magazine’s Happiest Town in the Blue Ridge survey.

    •  Christiansburg was ranked #3 Happiest City in Virginia by OnlyInYourState.com.

    •  WTKR rated Blacksburg the #7 Best City for Singles.

    •  Southern Living listed Floyd among its Best Small Towns.

    •  Forbes called Blacksburg a Top 25 Best Place to Retire.

    •  Pulaski rang in at #10 on the Best Small Towns That Offer Peace and Quiet.

     

    Leading Metro

    •  AIER named the a Blacksburg-Christiansburg-Radford MSA #19 Top College Town.

    •  In its Leading Locations survey, Area Development Magazine ranked the MSA as #30 overall and #12 among mid-sized metros.

    •  The MSA ranked #4 overall and #2 among mid-sized metros in Area Development’s Prime Workforce rankings.

    •  The Milken Institute recognized the MSA as #41 out of 201 small metro areas.

     

    Tech-Savvy

    •  Blacksburg was named one of the Best Tech Hubs in Virginia by Southern Business & Development Magazine.

    •  Southern Business & Development Magazine also named Montgomery County as one of the Best Data Center Locations in Virginia.

    •  NaCo ranked Montgomery County the #4 Top Digital County for counties with populations under 150,000.

     

     College Town Love

    •  Garden & Gun ranked Blacksburg as the #1 Southern College Town.

    •  Southern Living’s Facebook fans awarded Blacksburg the #1 College Town.

    •  WalletHub gave Blacksburg the #27 ranking and Radford the #90 ranking out of 202 college towns.

     

    Get Outside

    •  Singletracks.com named Blacksburg the Mountain Bike Capital of Virginia.

    •  Canoe & Kayak Magazine named Pembroke one of America’s (Next Best) Paddling Towns.

    •  Fox News called Floyd Fest the #7 Hottest Music Festival in the U.S.

    •  LifeOutside Magazine recognized both Pulaski and Floyd as top Weekend Getaways in Southwest Virginia.

    •  Blueridge Outdoors magazine listed the Flat Peter/Dixon Branch Loop in Giles as a Top 10 Fall Foliage Favorite.

     

    Top Tier Colleges & Universities

    •  Princeton Review ranked Virginia Tech as having the #1 Best Quality of Life and the #7 Happiest Students, among others.

    •  Washington Monthly Magazine dubbed Radford University a Best Bang for Your Buck school.

    •  New River Community College was named one of Virginia’s Best Community Colleges for Workforce Training by Southern Business & Development Magazine.

    •  Giles County was awarded the NaCo 2016 Achievement Award for its Access to Community College Education program.

    •  Virginia Tech ranked #9 in Research Expenditures by the National Science Foundation.

     

    If you’d like to stay up-to-date with the latest rankings for the New River Valley, be sure to follow us on FacebookTwitterLinkedIn, and Instagram!

    About Us:

    Virginia’s New River Valley is a vibrant community that’s home to two state universities, Virginia Tech and Radford University, and a diverse industry base ranging from large international corporations to small technology startups. The region is designated the Blacksburg-Christiansburg Radford Metropolitan Statistical Area and encompasses the counties of Floyd, Giles, Montgomery, Pulaski and the city of Radford.

    The New River Valley Economic Development Alliance is a public/private, not-for-profit organization whose mission is to market the New River Valley, to foster job creation, facilitate new investment and to improve the quality of life in the region.

    NRV Towns Voted Happiest in Blue Ridge

    Date:  October 28, 2016

    New River Valley, VA – This summer, five towns (technically four towns and one city) were voted to top spots in the Happiest Mountain Towns reader poll by Blue Ridge Country magazine.  Blacksburg, Christiansburg, Radford, Floyd, and Pulaski all received top honors in the magazine’s rankings which used quantitative data like unemployment rates and commute times as a baseline, but also accounted for readers’ passions for their hometowns.

    The initial 96 towns were whittled down to 61 for readers to choose from, and the coverage area included the mountain regions of Virginia, North Carolina, West Virginia, Tennessee, Kentucky, Georgia and South Carolina.  Blue Ridge Country vetted the 61 initial choices by setting “minimum happiness-base standards” (i.e. a commute of <30 minutes, a below-average cost-of-living, unemployment rate below 10%, etc.), but then left the poll open for readers all over the nation to vote for their favorites.

    In the 10,000-49,999 category, three New River Valley towns cracked the top twenty: Blacksburg (#6)Christiansburg (#17), and Radford (#18).  Blacksburg and Christiansburg, both located in Montgomery County, are strongly affiliated with Virginia Tech and the many companies that have spun-off from or located near the research university.  Radford, of course, is closely tied to Radford University and its award-winning business, nursing, education, and liberal arts programs.

    All three places boast a low cost-of-living, easy accessibility to the outdoors (the 7-mile Huckleberry Trail connects Blacksburg and Christiansburg and the New River snakes its way along the edge of Radford’s downtown and campus corridor), and a strong arts community.

    Floyd (#3) and Pulaski (#26) clinched a top spots in the <10,000 category.  Heralded by Southern Living as one of the South’s Best Small Towns, the top tier ranking is no surprise.  What Floyd lacks in numbers, it makes up for with style, small town charm, and impactful events.  Floyd’s innovative business climate offers start-ups, entrepreneurial ventures, and artisanal producers a welcoming place to do business.

    Pulaski, a former furniture and textile manufacturing town, has undergone a massive revitalization initiative including the renovation of the Jackson Park Inn, clean-up of Peak Creek, and improvements to Calfee Park, the ninth oldest professional Minor League Baseball Park in use in America.  While many diverse manufacturing jobs still exist in Pulaski, other home-grown business are sprouting up and the town is working to attract a mix of industries.

    Both towns offer unlimited outdoor recreation opportunities like paddleboarding the Little River, biking the New River Trail State Park, or hiking the region’s trails.  They also both promote large community farmers markets and music-oriented events like the Floyd County Store Friday Night Jamboree.

    To learn more about the poll, its methodology, and to see how the New River Valley stacks up, visit Blue Ridge Country.

    NRV Named a Top Metro by Site Selection Magazine

    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 2014 by Site Selection magazine. Among 132 metro areas with populations less than 200,000, the NRV ranked No. 4 (tie) nationally with nine new or expanding corporate facility announcements in 2014.


    Published by Conway Data Inc., Site Selection delivers expansion planning information to over 44,000 readers including corporate executives, site selection consultants, and real estate professionals. The annual “Top Metros” rankings appeared in the March 2015 issue.


    Site Selection used 2014 data from the Conway New Plant Database to examine new and expanding company growth in all 381 MSAs in the United States. The 2014 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.


    ###


    Virginia’s New River Valley: For those searching for an inspiring place to live and do business, Virginia’s New River Valley provides both an eclectic small town atmosphere and an innovative, collaborative business community with a loyal, highly skilled, and educated workforce. Offering the best of both worlds – magnificent mountains, cutting-edge research, arts, entertainment, and education – it’s 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.