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Lawrenceville

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

Median Home$135,505
Median Rent$827/month
Population1,114
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services15% arts, food & hospitality
Home Value Growth⬆⬆⬆+22.8% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners58% of occupied units
NotableHighly Educated35% bachelor's · 19% graduate · top 3% nationally
NotableAffordable Market$136k median home · lower cost than 79% of the country
Lawrenceville
VA

Frequently Asked Questions

What are today's mortgage rates in Lawrenceville?

As of today, the 30-year fixed mortgage rate for Lawrenceville is approximately 6.870% (6.905% 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 Lawrenceville?

The median home value in Lawrenceville is $136k. The median monthly rent is $827. Annual property taxes average $938. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lawrenceville?

Home values in Lawrenceville have increased 22.8% 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 Lawrenceville?

Based on a typical all-in ownership cost of $760/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lawrenceville is $53k/year.

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What industries drive the economy in Lawrenceville?

The largest employment sectors in Lawrenceville are public administration (24%) and healthcare (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.