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Amonate

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

Median Home$121,728
Median Rent$811/month
Population62
Leading IndustriesManufacturing · Professional Services · Transportation3% manufacturing
Home Value Growth+6.4% over 2 years
Retirees24% of residentsslightly above average
Homeowners74% of occupied units
NotableAffordable Market$122k median home · lower cost than 84% of the country
Amonate
VA

Frequently Asked Questions

What are today's mortgage rates in Amonate?

As of today, the 30-year fixed mortgage rate for Amonate is approximately 6.900% (6.936% 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 Amonate?

The median home value in Amonate is $122k. The median monthly rent is $811. Annual property taxes average $730. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Amonate?

Home values in Amonate have increased 6.4% over the past two years. This represents moderate growth. 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 Amonate?

Based on a typical all-in ownership cost of $594/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $25k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Amonate is $46k/year.

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What industries drive the economy in Amonate?

The largest employment sectors in Amonate are public administration (22%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.