Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Burkeville

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

Median Home$134,900
Median Rent$893/month
Population436
Leading IndustriesHealthcare · Finance & Insurance · Education13% healthcare
Home Value Growth⬆⬆⬆+31.7% over 2 years
Young Adults29% of residentsslightly above average
Homeowners64% of occupied units
Burkeville
VA

Frequently Asked Questions

What are today's mortgage rates in Burkeville?

As of today, the 30-year fixed mortgage rate for Burkeville is approximately 7.000% (7.040% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Burkeville
What is the median home price in Burkeville?

The median home value in Burkeville is $135k. The median monthly rent is $893. Annual property taxes average $636. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Burkeville?

Home values in Burkeville have increased 31.7% 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 Burkeville?

Based on a typical all-in ownership cost of $926/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Burkeville is $73k/year.

Calculate your buying power
What industries drive the economy in Burkeville?

The largest employment sectors in Burkeville are public administration (20%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.