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Mallow

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

Median Home$118,400
Population676
Leading IndustriesAgriculture & Mining · Construction · Information & Media10% agriculture & mining
Home Value Growth⬆⬆⬆+38.7% over 2 years
Retirees26% of residentsabove average nationally
Homeowners96% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Mallow
VA

Frequently Asked Questions

What are today's mortgage rates in Mallow?

As of today, the 30-year fixed mortgage rate for Mallow is approximately 6.993% (7.036% 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 Mallow?

The median home value in Mallow is $118k. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mallow?

Home values in Mallow have increased 38.7% 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 Mallow?

Based on a typical all-in ownership cost of $439/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $19k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mallow is $57k/year.

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What industries drive the economy in Mallow?

The largest employment sectors in Mallow are public administration (21%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.