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Branchville

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

Median Home$165,700
Median Rent$1,043/month
Population104
Leading IndustriesPublic Administration · Retail37% public administration
Home Value Growth⬆⬆⬆+22.2% over 2 years
Retirees22% of residentsnear the national average
Homeowners77% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Branchville
VA

Frequently Asked Questions

What are today's mortgage rates in Branchville?

As of today, the 30-year fixed mortgage rate for Branchville is approximately 6.970% (7.012% 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 Branchville?

The median home value in Branchville is $166k. The median monthly rent is $1,043. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Branchville?

Home values in Branchville have increased 22.2% 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 Branchville?

Based on a typical all-in ownership cost of $981/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Branchville is $60k/year.

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What industries drive the economy in Branchville?

The largest employment sectors in Branchville are public administration (37%) and retail (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.