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Boydton

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

Median Home$161,500
Median Rent$766/month
Population289
Leading IndustriesInformation & Media · Education · Retail11% information & media
Home Value Growth⬆⬆⬆+50.5% over 2 years
Retirees23% of residentsslightly above average
Homeowners79% of occupied units
NotableAffordable Market$162k median home · lower cost than 69% of the country
Boydton
VA

Frequently Asked Questions

What are today's mortgage rates in Boydton?

As of today, the 30-year fixed mortgage rate for Boydton is approximately 7.010% (7.050% 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 Boydton?

The median home value in Boydton is $162k. The median monthly rent is $766. Annual property taxes average $608. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Boydton?

Home values in Boydton have increased 50.5% 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 Boydton?

Based on a typical all-in ownership cost of $653/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $28k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Boydton is $62k/year.

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What industries drive the economy in Boydton?

The largest employment sectors in Boydton are public administration (24%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.