Floyd County, VA

Migration of people and income, 2022–2023 filing years

Between the 2022 and 2023 filing years, Floyd County, VA saw a net gain of 87 tax-filing households and a net gain of 173 individuals. On net, the area gained $7.1M in associated adjusted gross income (AGI, nominal dollars). The largest inflow came from Montgomery County; the largest outflow went to Montgomery County. These figures cover federal income tax filers only and do not indicate why people moved.

Net income (AGI)

+$7.1M

nominal dollars

Net households

+87

tax returns

Net people

+173

exemptions

Income (AGI) in and out

Moved in$20.8M

Moved out$13.7M

Net +$7.1M (nominal)

Where movers came from

1Montgomery County, VA78$4.3M
2Roanoke city, VA21$727.0K

Where movers went

1Montgomery County, VA74$3.7M

Net migration by year

Net 2012–2023: +$64.8M (+1,454 people)

20122023

Net AGI and net people by year (nominal dollars)
Year	Net AGI	Net people
2012	+$1.5M	+74
2013	+$2.9M	+103
2014	+$1.3M	+71
2015	+$977.0K	+26
2016	+$3.9M	+94
2017	+$8.8M	+216
2018	+$3.8M	+53
2019	+$5.2M	+39
2020	+$7.1M	+184
2021	+$11.9M	+99
2022	+$10.4M	+322
2023	+$7.1M	+173

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Source: IRS Statistics of Income migration data (public domain). Covers federal income tax filers only; AGI is nominal (not inflation adjusted). These numbers describe movement of filers and their reported income, not why people moved or economic loss. Methodology and caveats.