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Broadway

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

Median Home$279,079
Median Rent$1,083/month
Population4,138
Leading IndustryPublic Administration32% of local workforce
Home Value Growth⬆⬆+17.7% over 2 years
Family-Friendly31% of residentstop 3% nationally
Homeowners66% of occupied units
Broadway
VA

Frequently Asked Questions

What are today's mortgage rates in Broadway?

As of today, the 30-year fixed mortgage rate for Broadway is approximately 6.947% (6.985% 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 Broadway?

The median home value in Broadway is $279k. The median monthly rent is $1,083. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Broadway?

Home values in Broadway have increased 17.7% 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 Broadway?

Based on a typical all-in ownership cost of $1,054/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $45k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Broadway is $69k/year.

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What industries drive the economy in Broadway?

The largest employment sectors in Broadway are public administration (32%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.