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Learn about the people, housing, costs and businesses in Galax, Virginia
Real local data across mortgage, insurance, natural hazard, and place.
Rates, calculators, and lender comparisons
FHA, VA, Conventional & Jumbo · Purchase & Refi rates in Galax.
True all-in cost — P&I, taxes, insurance & utilities for homes in Galax.
Find and compare lenders active near Galax.
Homeowners, flood, and specialty coverage estimates
Flood, earthquake, and wildfire risk data
FEMA flood zones and flood insurance estimates for Galax.
Seismic risk and earthquake insurance estimates for Galax.
Wildfire exposure and insurance estimates for Galax.
As of today, the 30-year fixed mortgage rate for Galax is approximately 6.962% (7.003% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.
View current rates for GalaxThe median home value in Galax is $144k. The median monthly rent is $738. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.
Home values in Galax have increased 21.4% 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.
Based on a typical all-in ownership cost of $762/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Galax is $39k/year.
Calculate your buying powerThe largest employment sectors in Galax are public administration (19%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.