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Bloxom

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

Median Home$115,418
Median Rent$1,185/month
Population355
Leading IndustriesConstruction · Agriculture & Mining · Retail10% construction
Home Value Growth⬆⬆⬆+26.8% over 2 years
Young Adults29% of residentsslightly above average
Homeowners84% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Bloxom
VA

Frequently Asked Questions

What are today's mortgage rates in Bloxom?

As of today, the 30-year fixed mortgage rate for Bloxom is approximately 7.058% (7.103% 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 Bloxom?

The median home value in Bloxom is $115k. The median monthly rent is $1,185. Annual property taxes average $688. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bloxom?

Home values in Bloxom have increased 26.8% 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 Bloxom?

Based on a typical all-in ownership cost of $724/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bloxom is $50k/year.

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What industries drive the economy in Bloxom?

The largest employment sectors in Bloxom are retail (17%) and public administration (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.