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Boyce

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

Median Home$533,500
Median Rent$1,214/month
Population821
Leading IndustriesWholesale Trade · Arts, Food & Hospitality · Healthcare13% wholesale trade
Home Value Growth⬆⬆⬆+26.0% over 2 years
Retirees25% of residentsabove average nationally
Homeowners83% of occupied units
NotableHigh Incomes$117k/year · top 10% nationally
NotableHighly Educated25% hold a bachelor's degree · top 18% nationally
Boyce
VA

Frequently Asked Questions

What are today's mortgage rates in Boyce?

As of today, the 30-year fixed mortgage rate for Boyce is approximately 6.860% (6.895% 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 Boyce?

The median home value in Boyce is $534k. The median monthly rent is $1,214. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Boyce?

Home values in Boyce have increased 26.0% 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 Boyce?

Based on a typical all-in ownership cost of $1,427/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $61k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Boyce is $117k/year.

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What industries drive the economy in Boyce?

The largest employment sectors in Boyce are public administration (24%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.