Safe Rate Local

Hampton

Learn about the people, housing, costs and businesses in Hampton County

Median Home$247,294
Median Rent$1,462/month
Population137,557
Leading IndustriesFinance & Insurance · Healthcare · Information & Media7% finance & insurance
Home Value Growth⬆⬆⬆+21.1% over 2 years
Young Adults33% of residentswell above average
Homeowners57% of occupied units
NotableVeteran Community17% of residents · top 1% nationally
NotableAmenity Score68/100 · highly walkable area
Hampton City
VA

Frequently Asked Questions

What are today's mortgage rates in Hampton?

As of today, the 30-year fixed mortgage rate for Hampton is approximately 7.158% (7.187% 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 Hampton
What is the median home price in Hampton?

The median home value in Hampton is $247k. The median monthly rent is $1,462. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hampton?

Home values in Hampton have increased 21.1% 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 Hampton?

Based on a typical all-in ownership cost of $1,435/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 Hampton is $73k/year.

Calculate your buying power
What industries drive the economy in Hampton?

The largest employment sectors in Hampton are public administration (23%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas