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Dumbarton

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

Median Home$292,976
Median Rent$1,462/month
Population8,137
Leading IndustriesFinance & Insurance · Information & Media · Professional Services10% finance & insurance
Home Value Growth⬆⬆+18.4% over 2 years
Young Adults39% of residentstop 3% nationally
Renters69% of occupied units
NotableTransit93/100 · excellent transit access
NotableAmenity Score81/100 · highly walkable area
Dumbarton
VA

Frequently Asked Questions

What are today's mortgage rates in Dumbarton?

As of today, the 30-year fixed mortgage rate for Dumbarton is approximately 7.007% (7.047% 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 Dumbarton?

The median home value in Dumbarton is $293k. The median monthly rent is $1,462. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Dumbarton?

Home values in Dumbarton have increased 18.4% 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 Dumbarton?

Based on a typical all-in ownership cost of $1,450/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $62k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Dumbarton is $64k/year.

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What industries drive the economy in Dumbarton?

The largest employment sectors in Dumbarton are public administration (18%) and information and media (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.