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Bland

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

Median Home$135,200
Median Rent$637/month
Population420
Leading IndustriesInformation & Media · Finance & Insurance12% information & media
Home Value Growth⬆⬆+15.7% over 2 years
Young Adults25% of residents
Homeowners88% of occupied units
NotableAffordable Market$135k median home · lower cost than 79% of the country
Bland
VA

Frequently Asked Questions

What are today's mortgage rates in Bland?

As of today, the 30-year fixed mortgage rate for Bland is approximately 7.363% (7.415% 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 Bland?

The median home value in Bland is $135k. The median monthly rent is $637. Annual property taxes average $790. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bland?

Home values in Bland have increased 15.7% 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 Bland?

Based on a typical all-in ownership cost of $476/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $20k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bland is $61k/year.

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What industries drive the economy in Bland?

The largest employment sectors in Bland are public administration (24%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.