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Meadowbrook

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

Median Home$284,378
Median Rent$1,687/month
Population21,423
Leading IndustriesWholesale Trade · Finance & Insurance · Education14% wholesale trade
Home Value Growth⬆⬆⬆+23.8% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners74% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
NotableHigh Incomes$87k/year · top 27% nationally
Meadowbrook
VA

Frequently Asked Questions

What are today's mortgage rates in Meadowbrook?

As of today, the 30-year fixed mortgage rate for Meadowbrook is approximately 6.946% (6.984% 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 Meadowbrook?

The median home value in Meadowbrook is $284k. The median monthly rent is $1,687. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Meadowbrook?

Home values in Meadowbrook have increased 23.8% 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 Meadowbrook?

Based on a typical all-in ownership cost of $1,437/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 Meadowbrook is $87k/year.

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What industries drive the economy in Meadowbrook?

The largest employment sectors in Meadowbrook are public administration (17%) and wholesale trade (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.