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McNair

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

Median Home$591,133
Median Rent$2,282/month
Population22,655
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services23% arts, food & hospitality
Home Value Growth⬆⬆+11.9% over 2 years
Young Adults41% of residentstop 2% nationally
Renters75% of occupied units
NotableHigh Incomes$124k/year · top 8% nationally
NotableHighly Educated30% bachelor's · 23% graduate · top 9% nationally
McNair
VA

Frequently Asked Questions

What are today's mortgage rates in McNair?

As of today, the 30-year fixed mortgage rate for McNair is approximately 6.866% (6.901% 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 McNair?

The median home value in McNair is $591k. The median monthly rent is $2,282. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in McNair?

Home values in McNair have increased 11.9% 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 McNair?

Based on a typical all-in ownership cost of $2,326/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $100k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in McNair is $124k/year.

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What industries drive the economy in McNair?

The largest employment sectors in McNair are healthcare (26%) and arts, food, and hospitality (23%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.