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Catlett

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

Median Home$488,200
Median Rent$1,573/month
Population305
Leading IndustriesTransportation · Arts, Food & Hospitality · Finance & Insurance4% transportation
Home Value Growth+6.5% over 2 years
Retirees22% of residentsnear the national average
Homeowners71% of occupied units
NotableVeteran Community14% of residents · top 3% nationally
NotableHigh Incomes$109k/year · top 13% nationally
Catlett
VA

Frequently Asked Questions

What are today's mortgage rates in Catlett?

As of today, the 30-year fixed mortgage rate for Catlett is approximately 6.846% (6.880% 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 Catlett?

The median home value in Catlett is $488k. The median monthly rent is $1,573. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Catlett?

Home values in Catlett have increased 6.5% over the past two years. This represents moderate growth. 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 Catlett?

Based on a typical all-in ownership cost of $1,189/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $51k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Catlett is $109k/year.

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What industries drive the economy in Catlett?

The largest employment sectors in Catlett are public administration (18%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.