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Isle of Wight County

Learn about the people, housing, costs and businesses in Isle of Wight County County

Median Home$363,046
Median Rent$1,310/month
Population39,974
Leading IndustriesArts, Food & Hospitality · Professional Services · Healthcare8% arts, food & hospitality
Home Value Growth⬆⬆+13.0% over 2 years
Young Adults23% of residents
Homeowners80% of occupied units
NotableVeteran Community15% of residents · top 2% nationally
NotableHigh Incomes$99k/year · top 7% nationally
Isle of Wight County
VA

Frequently Asked Questions

What are today's mortgage rates in Isle of Wight County?

As of today, the 30-year fixed mortgage rate for Isle of Wight County is approximately 6.973% (6.998% 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 Isle of Wight County
What is the median home price in Isle of Wight County?

The median home value in Isle of Wight County is $363k. The median monthly rent is $1,310. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Isle of Wight County?

Home values in Isle of Wight County have increased 13.0% 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 Isle of Wight County?

Based on a typical all-in ownership cost of $1,547/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $66k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Isle of Wight County is $99k/year.

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What industries drive the economy in Isle of Wight County?

The largest employment sectors in Isle of Wight County are public administration (23%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas