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Narrows

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

Median Home$138,298
Median Rent$766/month
Population2,069
Leading IndustriesRetail · Wholesale Trade24% retail
Home Value Growth+7.7% over 2 years
Retirees21% of residentsnear the national average
Homeowners76% of occupied units
NotableAffordable Market$138k median home · lower cost than 78% of the country
NotableVeteran Community9% of residents · top 22% nationally
Narrows
VA

Frequently Asked Questions

What are today's mortgage rates in Narrows?

As of today, the 30-year fixed mortgage rate for Narrows is approximately 6.900% (6.936% 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 Narrows?

The median home value in Narrows is $138k. The median monthly rent is $766. Annual property taxes average $886. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Narrows?

Home values in Narrows have increased 7.7% over the past two years. This represents moderate growth. 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 Narrows?

Based on a typical all-in ownership cost of $715/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Narrows is $64k/year.

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What industries drive the economy in Narrows?

The largest employment sectors in Narrows are public administration (25%) and retail (24%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.