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Prince Edward County

Learn about the people, housing, costs and businesses in Prince Edward County County

Median Home$226,187
Median Rent$1,005/month
Population21,996
Leading IndustryPublic Administration32% of local workforce
Home Value Growthโฌ†โฌ†+17.4% over 2 years
Young Adults43% of residentstop 1% nationally
Homeowners58% of occupied units
Prince Edward County
VA

Frequently Asked Questions

What are today's mortgage rates in Prince Edward County?โ€บ

As of today, the 30-year fixed mortgage rate for Prince Edward County is approximately 7.137% (7.166% 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 Prince Edward County?โ€บ

The median home value in Prince Edward County is $226k. The median monthly rent is $1,005. Annual property taxes average $994. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Prince Edward County?โ€บ

Home values in Prince Edward County have increased 17.4% 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 Prince Edward County?โ€บ

Based on a typical all-in ownership cost of $945/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income โ€” a common lender guideline. The median household income in Prince Edward County is $51k/year.

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What industries drive the economy in Prince Edward County?โ€บ

The largest employment sectors in Prince Edward County are public administration (32%) and retail (6%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

๐Ÿ—บ๏ธ Nearby Areas

Adjacent counties and areas