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Clinchport

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

Median Home$69,100
Median Rent$649/month
Population63
Leading IndustriesRetail · Public Administration · Professional Services17% retail
Home Value Growth⬆⬆⬆+40.9% over 2 years
Retirees21% of residentsnear the national average
Homeowners78% of occupied units
NotableAffordable Market$69k median home · lower cost than 98% of the country
Clinchport
VA

Frequently Asked Questions

What are today's mortgage rates in Clinchport?

As of today, the 30-year fixed mortgage rate for Clinchport is approximately 6.900% (6.936% 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 Clinchport?

The median home value in Clinchport is $69k. The median monthly rent is $649. Annual property taxes average $513. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Clinchport?

Home values in Clinchport have increased 40.9% 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 Clinchport?

Based on a typical all-in ownership cost of $449/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $19k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Clinchport is $35k/year.

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What industries drive the economy in Clinchport?

The largest employment sectors in Clinchport are public administration (28%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.