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Kenbridge

Learn about the people, housing, costs and businesses in Kenbridge, Virginia

Median Home$162,700
Median Rent$896/month
Population1,151
Leading IndustriesHealthcare · Professional Services · Wholesale Trade19% healthcare
Home Value Growth⬆⬆⬆+25.4% over 2 years
Young Adults29% of residentsslightly above average
Homeowners72% of occupied units
Kenbridge
VA

Frequently Asked Questions

What are today's mortgage rates in Kenbridge?

As of today, the 30-year fixed mortgage rate for Kenbridge is approximately 7.012% (7.052% 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 Kenbridge?

The median home value in Kenbridge is $163k. The median monthly rent is $896. Annual property taxes average $645. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Kenbridge?

Home values in Kenbridge have increased 25.4% 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.

How much income do you need to buy a home in Kenbridge?

Based on a typical all-in ownership cost of $745/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Kenbridge is $60k/year.

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What industries drive the economy in Kenbridge?

The largest employment sectors in Kenbridge are public administration (23%) and healthcare (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.