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Claypool Hill

Learn about the people, housing, costs and businesses in Claypool Hill, Virginia

Median Home$133,888
Median Rent$806/month
Population1,769
Leading IndustriesManufacturing · Professional Services · Transportation4% manufacturing
Home Value Growth+6.5% over 2 years
Retirees25% of residentsabove average nationally
Homeowners78% of occupied units
NotableAffordable Market$134k median home · lower cost than 80% of the country
Claypool Hill
VA

Frequently Asked Questions

What are today's mortgage rates in Claypool Hill?

As of today, the 30-year fixed mortgage rate for Claypool Hill is approximately 7.233% (7.282% 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 Claypool Hill?

The median home value in Claypool Hill is $134k. The median monthly rent is $806. Annual property taxes average $777. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Claypool Hill?

Home values in Claypool Hill 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 Claypool Hill?

Based on a typical all-in ownership cost of $593/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $25k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Claypool Hill is $45k/year.

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What industries drive the economy in Claypool Hill?

The largest employment sectors in Claypool Hill are public administration (24%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.