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Patrick County

Learn about the people, housing, costs and businesses in Patrick County County

Median Home$147,576
Median Rent$705/month
Population17,512
Leading IndustriesProfessional Services · Healthcare · Retail2% professional services
Home Value Growth⬆⬆⬆+32.6% over 2 years
Retirees28% of residentswell above average
Homeowners77% of occupied units
NotableVeteran Community10% of residents · top 12% nationally
NotableAffordable Market$148k median home · lower cost than 71% of the country
Patrick County
VA

Frequently Asked Questions

What are today's mortgage rates in Patrick County?

As of today, the 30-year fixed mortgage rate for Patrick County is approximately 7.193% (7.223% 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 Patrick County?

The median home value in Patrick County is $148k. The median monthly rent is $705. Annual property taxes average $854. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Patrick County?

Home values in Patrick County have increased 32.6% 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 Patrick County?

Based on a typical all-in ownership cost of $618/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $26k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Patrick County is $54k/year.

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What industries drive the economy in Patrick County?

The largest employment sectors in Patrick County are public administration (23%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas