Floyd County, Virginia

County Distress Index: Healthy · 29.9 | 15,679 people · 125th most distressed in Virginia
American Default Research

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Floyd County, VA ranks among the least distressed counties in the country at 29.9 — 2763rd nationally out of 3144 counties. The primary driver is Economic Vitality, where wages are low relative to housing costs, business formation lags, and the local economy lacks dynamism. Within Virginia, it ranks 125th of 133 counties. It scores lower than all 6 of its neighboring counties.

The Numbers Behind the Score

The CDI measures five statistically derived factors of household financial distress, PCA-weighted. Floyd County's primary driver is Economic Vitality at 66.7 — above the national median.

Economic Vitality Primary driver 66.7
Wage-to-Rent Ratio 85
Rent-to-Income Ratio 54
Business Formation Rate 60
House Price Change (YoY) 26
Structural Poverty 44.0
Unemployment Rate 23
Poverty Rate 30
Income vs. State Median 65
Child Poverty Rate 36
Disability Rate 27
Transfer Income Dependency 62
Legal Distress 33.9
Bankruptcy Filing Rate 34
Consumer Credit Distress 24.8
Debt in Collections 23
Medical Debt 16
Auto Loan Delinquency 51
Credit Card Delinquency 7
Uninsured Rate 42
Subprime Credit Population 18
Housing Cost Burden 15.5
Rent-Burdened (30%+) 20
Severely Rent-Burdened (50%+) 9
Mortgage-Burdened (30%+) 36
Homeownership Rate 5

Scores are percentile-based: 50 = national median, higher = more distressed.

Neighbors and Peers

Neighboring Counties

CountyScoreZonevs. Floyd County
Floyd County, VA 29.9 Healthy —
Pulaski County, VA 55.6 Elevated +25.7
Carroll County, VA 53.6 Elevated +23.7
Patrick County, VA 51.6 Elevated +21.7
Montgomery County, VA 42.3 Normal +12.3
Franklin County, VA 37.5 Normal +7.6
Roanoke County, VA 34.6 Healthy +4.7

Population Peers

CountyScoreZonevs. Floyd County
Meeker County, MN 29.9 Healthy -0.0
Koochiching County, MN 29.9 Healthy -0.0
Carbon County, MT 30.0 Healthy +0.1
Cerro Gordo County, IA 30.1 Healthy +0.1
Guthrie County, IA 29.8 Healthy -0.1

Download Data

Export all distress indicators for Floyd County as a CSV file.

Find Help in Floyd County

HUD-Approved Housing Counselors

Free foreclosure prevention and financial counseling near Floyd County.

NEW RIVER ACTION AGENCY (FLOYD COUNTY)
FLOYD
540-745-2102 Website
Foreclosure PreventionFair HousingHomeless/DisplacementPre-Lease/Pre-Purchase

See all counselors in Virginia →

Find an Attorney

Virginia State Bar Lawyer Referral Service offers a lawyer referral service for bankruptcy, foreclosure defense, and consumer rights.

Virginia State Bar Lawyer Referral Service 1-800-552-7977

Free Legal Aid

Legal aid organizations serving Floyd County residents at no cost.

Virginia Legal Aid Society 540-342-3900
Legal Aid Justice Center 434-977-0553
Legal Services of Northern Virginia 703-778-6800
Virginia Poverty Law Center 804-782-9430
Central Virginia Legal Aid Society 804-648-1012
Blue Ridge Legal Services, Inc. (866) 534-5243
Legal Aid Society of Eastern Virginia (757) 827-5078
Southwest Virginia Legal Aid Society, Inc. (888) 201-2772

American Default Research does not endorse, rate, or rank any provider. Verify attorney credentials with your state bar.

Need legal help? Find a foreclosure defense attorney in Virginia →

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Frequently Asked Questions

  • What is the distress score for Floyd County, Virginia?

    Floyd County has a County Distress Index score of 29.9 out of 100, placing it in the Healthy zone. It ranks 2,763rd nationally out of 3,144 counties and 125th in Virginia out of 133 counties.

  • What drives financial distress in Floyd County?

    The primary driver of distress in Floyd County is Economic Vitality, where the county scores 66.7 out of 100. This domain is measured by indicators including Wage-to-Rent Ratio, Rent-to-Income Ratio, Business Formation Rate.

  • How does Floyd County compare to neighboring counties?

    Floyd County (29.9) can be compared to its 6 neighboring counties: Pulaski County, VA (55.6); Carroll County, VA (53.6); Patrick County, VA (51.6).

  • How is the County Distress Index calculated?

    The County Distress Index uses PCA-weighted percentile scoring across five statistically derived factors: Consumer Credit Distress (47.5%), Housing Cost Burden (22.3%), Structural Poverty (13.6%), Economic Vitality (9.2%), and Legal Distress (7.4%). Each county's indicators are ranked against all 3,144 U.S. counties. A score of 50 means the county is at the national median; higher scores indicate greater distress.

  • How often is the CDI updated?

    Annually, aligned to Census American Community Survey and Urban Institute Debt in America release windows — the slowest-moving source inputs. Between annual refreshes, faster-cadence indicators (BLS unemployment, QCEW wages) may drive light mid-year updates if a specific component moves meaningfully. Current data compiled April 14, 2026; next full refresh early 2027.

  • What does the Healthy zone mean?

    The CDI divides counties into five zones: Healthy (below 46), Normal (46–55), Elevated (55–71), Serious (71–86), and Crisis (86 and above). Floyd County's score of 29.9 sits in the Healthy zone (below 46).

  • What data sources power Floyd County's CDI score?

    Floyd County's CDI score draws on Urban Institute Debt in America (Equifax credit-bureau panel), U.S. Census Bureau (American Community Survey 5-year, Small Area Income and Poverty Estimates), Bureau of Labor Statistics (LAUS, QCEW), U.S. Courts Administrative Office (F-5A bankruptcy filings), and HUD Fair Market Rents. Every number on this page traces to one of these public sources.

  • What is the population of Floyd County?

    Floyd County, Virginia has a population of approximately 15,679 (2023 Census estimate), classified as a small county.