Montgomery County Economic Development

Stats & Facts

Location:

Montgomery County, VA
United States of America

Geography:

393 Square Miles

Elevation:

2,133 ft

Climate:

Moderate, four-seasons

Incorporated Towns

Blacksburg

Christiansburg - County Seat

Population (2018):

98,985

Demographics (2018):

White: 86.3%

African American: 4.2%

Asian: 6.6%

All Other: 2.9%

Employment (2017):

49,863

Cost of Living Index:

94.4

Per Capita Personal Income (2016):

$33,650

Median Family Income (2012-2016):

$71,515

Home Value (Median):

$213,300

Public Schools Expenditures (FY 2017):

$11,308.00/pupil

Educational Attainment (2013-2017):

46.3% with a college degree

Blacksburg and Christiansburg are two of the largest towns in Virginia, second and fourth respectively, and make up Montgomery County's urbanized core
Virginia Tech spends over $450 million on research per year, ranking it in the top 40 nationally. Student enrollment at Virginia Tech is 30,000+
Montgomery County along with the counties of Floyd, Giles and Pulaski comprise the Blacksburg-Christiansburg-Radford Metropolitan Statistical Area (MSA), known locally as the New River Valley
The Virginia Tech Corporate Research Center, known locally as the CRC, is one of the largest research parks in the nation. The park is home to over 185 research, technology and support companies that collectively employ more than 3,000 people
The New River, which makes up Montgomery County’s western border, is the oldest river in North America, second oldest in the world behind the Nile River in Africa