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McGaheysville

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

Median Home$366,893
Median Rent$1,277/month
Population1,087
Leading IndustriesFinance & Insurance · Construction · Agriculture & Mining8% finance & insurance
Home Value Growth⬆⬆⬆+21.8% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners79% of occupied units
McGaheysville
VA

Frequently Asked Questions

What are today's mortgage rates in McGaheysville?

As of today, the 30-year fixed mortgage rate for McGaheysville is approximately 6.913% (6.950% 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 McGaheysville?

The median home value in McGaheysville is $367k. The median monthly rent is $1,277. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in McGaheysville?

Home values in McGaheysville have increased 21.8% 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 McGaheysville?

Based on a typical all-in ownership cost of $1,438/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $62k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in McGaheysville is $84k/year.

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What industries drive the economy in McGaheysville?

The largest employment sectors in McGaheysville are public administration (21%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.