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Jewell Ridge

Learn about the people, housing, costs and businesses in Jewell Ridge, Virginia

Median Home$133,600
Median Rent$856/month
Population151
Leading IndustriesProfessional Services · Manufacturing · Transportation4% professional services
Home Value Growth+7.8% over 2 years
Retirees25% of residentsabove average nationally
Homeowners78% of occupied units
Jewell Ridge
VA

Frequently Asked Questions

What are today's mortgage rates in Jewell Ridge?

As of today, the 30-year fixed mortgage rate for Jewell Ridge is approximately 6.900% (6.936% 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 Jewell Ridge?

The median home value in Jewell Ridge is $134k. The median monthly rent is $856. Annual property taxes average $722. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Jewell Ridge?

Home values in Jewell Ridge have increased 7.8% over the past two years. This represents moderate growth. 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 Jewell Ridge?

Based on a typical all-in ownership cost of $561/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $24k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Jewell Ridge is $44k/year.

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What industries drive the economy in Jewell Ridge?

The largest employment sectors in Jewell Ridge are public administration (23%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.