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McMullin

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

Median Home$154,600
Median Rent$690/month
Population323
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services17% healthcare
Home Value Growth⬆⬆+11.3% over 2 years
Retirees22% of residentsnear the national average
Homeowners60% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
NotableHighly Educated25% bachelor's · 16% graduate · top 18% nationally
McMullin
VA

Frequently Asked Questions

What are today's mortgage rates in McMullin?

As of today, the 30-year fixed mortgage rate for McMullin is approximately 6.846% (6.880% 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 McMullin?

The median home value in McMullin is $155k. The median monthly rent is $690. Annual property taxes average $780. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in McMullin?

Home values in McMullin have increased 11.3% 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 McMullin?

Based on a typical all-in ownership cost of $642/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $28k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in McMullin is $39k/year.

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What industries drive the economy in McMullin?

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