Groundwork

Real estate · Metro area · Virginia

Property management companies in the Blacksburg-Christiansburg-Radford, VA metro area

Competitor counts, household spending and official business counts for property management companies in the Blacksburg-Christiansburg-Radford, VA metro area, set against other metro areas and the U.S.

Groundwork market score · out of 100

Score 30 out of 100: Lower middle

Ranked #350 of 374 scored metro areas
#8 of 9 scored metro areas based in Virginia

Listings
29
1 chain location (3%)
Official establishments
32
Businesses with payroll, 2023
Household spending a year
$1B
On rent and homeowner costs · $14,532 a household
Housing spending per listing (U.S. = 100)
63
37% below the U.S.
Listings per 10k households
4.1
37% above the U.S.
Population, 2025
181,616
−0.1% since 2020

See the property management companies around any address in the Blacksburg-Christiansburg-Radford metro area

The site report maps the property management companies 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.

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

What this means

The Blacksburg-Christiansburg-Radford metro area scores 30 (lower middle) on the Groundwork market score for property management companies, ranking #350 of 374 scored metro areas and #8 of 9 scored metro areas based in Virginia. That puts it in the bottom quarter of metro areas.

Households in the Blacksburg-Christiansburg-Radford metro area spend about $1B a year on rent and homeowner costs, or $14,532 per household, 13% below the U.S. average. Housing spending per company is 37% below the U.S. figure. The spending figure is all rent and homeowner costs, a measure of housing demand, not money property management companies take in.

The Blacksburg-Christiansburg-Radford metro area has 29 property management companies on map listings as of September 2026. One of them (3%) is a chain location, against 4% across the U.S. Per 10,000 households, that is 4.1, 37% above the U.S. rate of 3.0.

Official counts show 32 businesses with payroll classed as residential and commercial property managers in the Blacksburg-Christiansburg-Radford metro area in 2023. That is one for every 2,196 households, against one for every 1,638 across the U.S. Population estimates show the Blacksburg-Christiansburg-Radford metro area declined 0.1% from 2020 to 2025, against +3.1% for the U.S.

How the Blacksburg-Christiansburg-Radford metro area compares

The same measures for Virginia and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.

Property management in Blacksburg-Christiansburg-Radford, VA metro area compared with Virginia and the U.S.
MeasureBlacksburg-Christiansburg-Radford metro areaVirginiaU.S.
Listings per 10k households4.12.93.0
Housing spending per listing (U.S. = 100)63105100
Households per official establishment2,1961,7871,638
Official establishment growth, 2019–2023n/a+9.4%+11.4%
Population growth, 2020–2025−0.1%+2.8%+3.1%
Spending per household on rent and homeowner costs$14,532$16,844$16,661
Median household income$65,839$93,170$80,734
Groundwork market score3052

Official counts and lending

Businesses

Official establishments, 2019 to 2023
32
Employees, 2023
235
Annual payroll, 2023
$13.9M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
291 chain location
Listings at the U.S. rate for this spending
18The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
0
Amount
$0

SBA-backed loans to businesses classed as residential and commercial property managers 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 property management companies on map listings by name and distance.

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Property management across Virginia

Every Virginia market ranked →

The highest-scoring metro areas in Virginia for property management companies, 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 property management companies by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
Kingsport-Bristol, TN-VA71100.8325+2.3%#27 of 374
1Harrisonburg, VA54122.4112+3.5%#148 of 374
2Staunton-Stuarts Draft, VA54142.798+3.2%#154 of 374
3Richmond, VA521562.9100+5.5%#169 of 374
Washington-Arlington-Alexandria, DC-VA-MD-WV517953.4102+3.3%#174 of 374
4Winchester, VA-WV46224.072+6.5%#226 of 374
5Roanoke, VA45352.799+0.4%#227 of 374
6Lynchburg, VA40373.673+2.9%#270 of 374
7Virginia Beach-Chesapeake-Norfolk, VA-NC392143.094+0.9%#278 of 374
8Blacksburg-Christiansburg-Radford, VA30294.163−0.1%#350 of 374

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 property management companies are in the Blacksburg-Christiansburg-Radford, VA metro area?

Map listings as of September 2026 show 29 property management companies in the Blacksburg-Christiansburg-Radford metro area. One of them (3%) is a chain location. The listings count property management companies. Official counts show 32 businesses with payroll classed as residential and commercial property managers in 2023.

How much do households in the Blacksburg-Christiansburg-Radford, VA metro area spend on rent and homeowner costs?

About $1B a year, or $14,532 per household. That is 13% below the U.S. average (an index of 87, where 100 is the U.S. average). For the 29 property management companies on map listings, housing spending per company is 37% below the U.S. figure. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money property management companies take in. 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 property management companies?

The Blacksburg-Christiansburg-Radford metro area has 4.1 property management companies per 10,000 households, 37% above the U.S. rate of 3.0. The index of housing spending per company is 63, where 100 is the U.S. At the U.S. ratio of property management companies to household spending, the Blacksburg-Christiansburg-Radford metro area would have about 18, against 29 on map listings. There is one business with payroll in the industry for every 2,196 households, against one for every 1,638 across 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 30 for property management companies (lower middle), #350 of 374 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 property management companies 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 property management companies · 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.