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Altavista

Learn about the people, housing, costs and businesses in Altavista, Virginia

Median Home$142,900
Median Rent$910/month
Population3,342
Leading IndustryRetail30% of local workforce
Home Value Growth⬆⬆+15.1% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners55% of occupied units
NotableAmenity Score83/100 · highly walkable area
NotableTransit88/100 · excellent transit access
Altavista
VA

Frequently Asked Questions

What are today's mortgage rates in Altavista?

As of today, the 30-year fixed mortgage rate for Altavista is approximately 7.070% (7.115% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Altavista?

The median home value in Altavista is $143k. The median monthly rent is $910. Annual property taxes average $813. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Altavista?

Home values in Altavista have increased 15.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Altavista?

Based on a typical all-in ownership cost of $823/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Altavista is $51k/year.

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What industries drive the economy in Altavista?

The largest employment sectors in Altavista are retail (30%) and public administration (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.