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Rich Creek

Learn about the people, housing, costs and businesses in Rich Creek, Virginia

Median Home$121,100
Median Rent$644/month
Population728
Leading IndustriesRetail · Public Administration24% retail
Home Value Growth+0.9% over 2 years
Retirees22% of residentsnear the national average
Homeowners74% of occupied units
NotableAffordable Market$121k median home · lower cost than 84% of the country
NotableVeteran Community9% of residents · top 22% nationally
Rich Creek
VA

Frequently Asked Questions

What are today's mortgage rates in Rich Creek?

As of today, the 30-year fixed mortgage rate for Rich Creek 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 Rich Creek?

The median home value in Rich Creek is $121k. The median monthly rent is $644. Annual property taxes average $781. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rich Creek?

Home values in Rich Creek have increased 0.9% over the past two years. The market has been relatively stable. 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 Rich Creek?

Based on a typical all-in ownership cost of $628/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $27k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rich Creek is $65k/year.

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What industries drive the economy in Rich Creek?

The largest employment sectors in Rich Creek are public administration (28%) and retail (24%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.