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Great Falls Crossing

Learn about the people, housing, costs and businesses in Great Falls Crossing, Virginia

Median Home$904,400
Median Rent$3,218/month
Population1,387
Leading IndustriesPublic Administration · Arts, Food & Hospitality · Education40% public administration
Home Value Growth⬆⬆⬆+26.8% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners93% of occupied units
NotableHigh Incomes$228k/year · top 1% nationally
NotableHighly Educated29% bachelor's · 14% graduate · top 10% nationally
Great Falls Crossing
VA

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Great Falls Crossing?

As of today, the 30-year fixed mortgage rate for Great Falls Crossing is approximately 6.950% (6.989% 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 Great Falls Crossing?

The median home value in Great Falls Crossing is $904k. The median monthly rent is $3,218. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Great Falls Crossing?

Home values in Great Falls Crossing have increased 26.8% 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 Great Falls Crossing?

Based on a typical all-in ownership cost of $3,212/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $138k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Great Falls Crossing is $228k/year.

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What industries drive the economy in Great Falls Crossing?

The largest employment sectors in Great Falls Crossing are public administration (40%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.