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Fort Chiswell

Learn about the people, housing, costs and businesses in Fort Chiswell, Virginia

Median Home$156,067
Median Rent$699/month
Population912
Leading IndustriesArts, Food & Hospitality · Healthcare · Manufacturing12% arts, food & hospitality
Home Value Growth⬆⬆⬆+32.6% over 2 years
Retirees25% of residentsabove average nationally
Homeowners78% of occupied units
NotableHighly Educated23% bachelor's · 13% graduate · top 23% nationally
NotableAffordable Market$156k median home · lower cost than 72% of the country
Fort Chiswell
VA

Frequently Asked Questions

What are today's mortgage rates in Fort Chiswell?

As of today, the 30-year fixed mortgage rate for Fort Chiswell is approximately 6.940% (6.978% 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 Fort Chiswell?

The median home value in Fort Chiswell is $156k. The median monthly rent is $699. Annual property taxes average $865. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Fort Chiswell?

Home values in Fort Chiswell have increased 32.6% 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 Fort Chiswell?

Based on a typical all-in ownership cost of $645/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $28k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fort Chiswell is $53k/year.

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What industries drive the economy in Fort Chiswell?

The largest employment sectors in Fort Chiswell are public administration (26%) and healthcare (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.