Groundwork

Auto · Metro area · Virginia

Insurance agencies in the Blacksburg-Christiansburg-Radford, VA metro area

The insurance agencies in the Blacksburg-Christiansburg-Radford, VA metro area, the household spending behind them and how the market ranks against other metro areas.

Groundwork market score · out of 100

Score 77 out of 100: High

Ranked #49 of 387 scored metro areas
#5 of 9 scored metro areas based in Virginia

Listings
90
23 chain locations (26%)
Official establishments
45
+4.9% since 2019
Household spending a year
$182M
On vehicle insurance · $2,589 a household
Spending per listing
$2M
61% above the U.S.
Listings per 10k households
12.8
18% below the U.S.
Population, 2025
181,616
−0.1% since 2020

See the insurance agencies around any address in the Blacksburg-Christiansburg-Radford metro area

The site report maps the insurance agencies on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Blacksburg-Christiansburg-Radford metro area. Signed out, you see a blurred preview; on an account, each report is one action.

Free10 actions over 3 days, no card

Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

Household spending on vehicle insurance in the Blacksburg-Christiansburg-Radford metro area comes to about $182M a year: $2,589 per household, 32% above the U.S. average. That is about $2M of household spending for each agency on map listings, 61% above the U.S. figure of $1.3M.

There are 90 insurance agencies on map listings in the Blacksburg-Christiansburg-Radford metro area as of September 2026. 23 of them (26%) are chain locations, against 21% across the U.S. That comes to 12.8 for every 10,000 households, 18% below the U.S. rate of 15.6.

The official count of businesses with payroll classed as insurance agencies and brokerages in the Blacksburg-Christiansburg-Radford metro area was 45 in 2023, up 4.9% from 2019. That is one for every 1,562 households, against one for every 966 across the U.S. Since fiscal 2022, 1 SBA-backed loan worth $365K has gone to businesses classed as insurance agencies and brokerages in the Blacksburg-Christiansburg-Radford metro area.

Population estimates put the population change in the Blacksburg-Christiansburg-Radford metro area from 2020 to 2025 at −0.1%, against +3.1% for the U.S. For insurance agencies, the Blacksburg-Christiansburg-Radford metro area has a Groundwork market score of 77 (high): #49 of 387 scored metro areas and #5 of 9 scored metro areas based in Virginia. That puts it in the top quarter of metro areas.

How the Blacksburg-Christiansburg-Radford metro area compares

The same measures for Virginia and the whole U.S. Spending per listing divides a year of household spending on all vehicle insurance by the insurance agencies counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Insurance agencies in Blacksburg-Christiansburg-Radford, VA metro area compared with Virginia and the U.S.
MeasureBlacksburg-Christiansburg-Radford metro areaVirginiaU.S.
Listings per 10k households12.812.515.6
Spending per listing$2M$2M$1.3M
Households per official establishment1,5621,234966
Official establishment growth, 2019–2023+4.9%−7.4%−1.0%
Population growth, 2020–2025−0.1%+2.8%+3.1%
Spending per household on vehicle insurance$2,589$2,545$1,957
Median household income$65,839$93,170$80,734
Groundwork market score7783

Official counts and lending

Businesses

Official establishments, 2019 to 2023
45+4.9% over the period
Employees, 2023
125
Annual payroll, 2023
$7.5M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
9023 chain locations
Listings at the U.S. rate for this spending
145The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
1
Amount
$365K

SBA-backed loans to businesses classed as insurance agencies and brokerages in the Blacksburg-Christiansburg-Radford metro area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Blacksburg-Christiansburg-Radford metro area

Population, 2025 estimate
181,616−0.1% since 2020
Households
70,282
Median age
38.7
Homes lived in by their owners
63%
Vehicles per household
2.0
Land area
1,455 sq. mi.
People per square mile
125
Median household income
$65,839
Average household income
$91,263
Median home value
$240,900
Jobs located here
72,190
Daytime population
185,735Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Blacksburg-Christiansburg-Radford metro area?

These figures cover the whole metro area. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the insurance agencies on map listings by name and distance.

Or open the report at the center of the Blacksburg-Christiansburg-Radford metro area. Signed out, you see a blurred preview; on an account, each report is one action.

Free10 actions over 3 days, no card

Insurance agencies across Virginia

Every Virginia market ranked →

The highest-scoring metro areas in Virginia for insurance agencies, numbered among those based in Virginia (a market based in another state is listed without a number), with the Blacksburg-Christiansburg-Radford metro area marked.

Top metro areas in Virginia

Metro areas in Virginia ranked for insurance agencies by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Staunton-Stuarts Draft, VA895210.0$2.7M+3.2%#7 of 387
2Winchester, VA-WV876411.5$2.4M+6.5%#16 of 387
3Harrisonburg, VA855611.2$2.6M+3.5%#20 of 387
4Charlottesville, VA839810.8$2.4M+3.1%#22 of 387
Washington-Arlington-Alexandria, DC-VA-MD-WV802,51810.6$2.1M+3.3%#35 of 387
Kingsport-Bristol, TN-VA7817013.0$2M+2.3%#43 of 387
5Blacksburg-Christiansburg-Radford, VA779012.8$2M−0.1%#49 of 387
6Virginia Beach-Chesapeake-Norfolk, VA-NC7580711.4$2.2M+0.9%#58 of 387
7Lynchburg, VA7016816.2$1.7M+2.9%#77 of 387
8Richmond, VA6884915.9$1.6M+5.5%#91 of 387

Other business types in the Blacksburg-Christiansburg-Radford metro area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many insurance agencies are in the Blacksburg-Christiansburg-Radford, VA metro area?

As of September 2026, map listings count 90 insurance agencies in the Blacksburg-Christiansburg-Radford metro area. 23 of them (26%) are chain locations. The listings count insurance agencies. Official counts show 45 businesses with payroll classed as insurance agencies and brokerages in 2023, up 4.9% from 2019.

How much do households in the Blacksburg-Christiansburg-Radford, VA metro area spend on vehicle insurance?

About $182M a year, or $2,589 per household. That is 32% above the U.S. average (an index of 132, where 100 is the U.S. average). Spread across the 90 insurance agencies on map listings, it comes to $2M per agency. It is estimated from the incomes of the 70,282 households in the Blacksburg-Christiansburg-Radford metro area and national spending patterns by income.

How does the Blacksburg-Christiansburg-Radford, VA metro area compare with the U.S. for insurance agencies?

The Blacksburg-Christiansburg-Radford metro area has 12.8 insurance agencies per 10,000 households, 18% below the U.S. rate of 15.6. Spending per agency is $2M, 61% above the U.S. figure of $1.3M. At the U.S. ratio of insurance agencies to household spending, the Blacksburg-Christiansburg-Radford metro area would have about 145, against 90 on map listings. There is one business with payroll in the industry for every 1,562 households, against one for every 966 across the U.S. The official count rose 4.9% from 2019 to 2023, against −1.0% for the U.S.

How fast is the Blacksburg-Christiansburg-Radford, VA metro area growing?

Population estimates put the Blacksburg-Christiansburg-Radford metro area at 181,616 people in 2025, down 0.1% since 2020, against +3.1% for the U.S. It has 70,282 households. Median household income in the Blacksburg-Christiansburg-Radford metro area is $65,839, 18% below the U.S. median of $80,734.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Blacksburg-Christiansburg-Radford metro area scores 77 for insurance agencies (high), #49 of 387 scored metro areas.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Blacksburg-Christiansburg-Radford metro area. It maps the insurance agencies on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for insurance agencies · All 56 business types in the Blacksburg-Christiansburg-Radford metro area

Screening a site or an acquisition in the Blacksburg-Christiansburg-Radford metro area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Blacksburg-Christiansburg-Radford metro area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.