Craig County, Virginia

County Distress Index: Normal · 42.6 | 4,843 people · 81st most distressed in Virginia
American Default Research

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Craig County, VA falls within the normal range for household financial distress at 42.6 — 2173rd nationally out of 3144 counties. The primary driver is Housing Cost Burden, where a large share of households spend more than 30% of income on housing. Within Virginia, it ranks 81st of 133 counties. Its score is in the middle of its 6 neighboring counties.

The Numbers Behind the Score

The CDI measures five domains of financial distress. Craig County's primary driver is Housing Cost Burden at 70.2 — above the national median.

Housing Cost Burden Primary driver 70.2
Rent-Burdened (30%+) 86
Severely Rent-Burdened (50%+) 95
Mortgage-Burdened (30%+) 86
Homeownership Rate 7
Rent-to-Income Ratio 77
Income & Poverty 53.2
Poverty Rate 40
Income vs. State Median 64
Child Poverty Rate 56
Employment & Wages 49.2
Unemployment Rate 52
Wage-to-Rent Ratio 74
Business Formation Rate 21
Debt & Delinquency 22.7
Debt in Collections 27
Medical Debt 25
Student Loan Delinquency 47
Auto Loan Delinquency 5
Credit Card Delinquency 5
Bankruptcy Filing Rate 27
Community Vulnerability 17.6
Uninsured Rate 5
Disability Rate 30

Scores are percentile-based: 50 = national median, higher = more distressed. The median line is shown on each bar.

Neighbors and Peers

How Craig County compares to its 6 neighboring counties and population peers.

Neighboring Counties

County Score Zone vs. Craig County
Craig County, VA 42.6 Normal —
Monroe County, WV 53.6 Elevated +11.0
Alleghany County, VA 51.6 Elevated +9.0
Montgomery County, VA 43.8 Normal +1.2
Giles County, VA 38.8 Normal -3.8
Roanoke County, VA 30.3 Healthy -12.3
Botetourt County, VA 20.8 Healthy -21.8

Population Peers

County Score Zone vs. Craig County
Furnas County, NE 42.6 Normal +0.0
Martin County, TX 42.6 Normal +0.0
Kearny County, KS 42.7 Normal +0.2
Tripp County, SD 42.8 Normal +0.2
Carter County, MT 42.4 Normal -0.2

Download Data

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

Find Help in Craig County

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 Craig 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.

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Frequently Asked Questions

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

    Craig County has a County Distress Index score of 42.6 out of 100, placing it in the Normal zone. It ranks 2,173rd nationally out of 3,144 counties and 81st in Virginia out of 133 counties.

  • What drives financial distress in Craig County?

    The primary driver of distress in Craig County is Housing Cost Burden, where the county scores 70.2 out of 100. This domain is measured by indicators including Rent-Burdened (30%+), Severely Rent-Burdened (50%+), Mortgage-Burdened (30%+).

  • How does Craig County compare to neighboring counties?

    Craig County (42.6) can be compared to its 6 neighboring counties: Monroe County, WV (53.6); Alleghany County, VA (51.6); Montgomery County, VA (43.8).

  • How is the County Distress Index calculated?

    The County Distress Index uses percentile-rank averaging across five domains: Debt & Delinquency, Income & Poverty, Housing Cost Burden, Employment & Wages, and Community Vulnerability. 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.

  • What is the population of Craig County?

    Craig County, Virginia has a population of approximately 4,843 (2023 Census estimate), classified as a tiny county.