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Broadlands

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

Median Home$922,268
Median Rent$2,593/month
Population14,082
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services34% healthcare
Home Value Growth⬆⬆+19.8% over 2 years
Family-Friendly29% of residentswell above average
Homeowners79% of occupied units
NotableHighly Educated43% bachelor's · 28% graduate · top 1% nationally
NotableHigh Incomes$232k/year · top 1% nationally
Broadlands
VA

Frequently Asked Questions

What are today's mortgage rates in Broadlands?

As of today, the 30-year fixed mortgage rate for Broadlands is approximately 6.794% (6.826% 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 Broadlands?

The median home value in Broadlands is $922k. The median monthly rent is $2,593. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Broadlands?

Home values in Broadlands have increased 19.8% 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 Broadlands?

Based on a typical all-in ownership cost of $3,232/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $139k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Broadlands is $232k/year.

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What industries drive the economy in Broadlands?

The largest employment sectors in Broadlands are healthcare (34%) and arts, food, and hospitality (32%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.