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Big Stone Gap East

Learn about the people, housing, costs and businesses in Big Stone Gap East, Virginia

Median Home$169,000
Median Rent$713/month
Population739
Leading IndustriesManufacturing · Professional Services · Agriculture & Mining10% manufacturing
Home Value Growth+4.3% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners69% of occupied units
NotableTransit82/100 · excellent transit access
NotableAffordable Market$169k median home · lower cost than 65% of the country
Big Stone Gap East
VA

Explore Big Stone Gap East

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Big Stone Gap East?

As of today, the 30-year fixed mortgage rate for Big Stone Gap East 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 Big Stone Gap East?

The median home value in Big Stone Gap East is $169k. The median monthly rent is $713. Annual property taxes average $940. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Big Stone Gap East?

Home values in Big Stone Gap East have increased 4.3% 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 Big Stone Gap East?

Based on a typical all-in ownership cost of $813/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 Big Stone Gap East is $59k/year.

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What industries drive the economy in Big Stone Gap East?

The largest employment sectors in Big Stone Gap East are public administration (24%) and agriculture and mining (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.