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Savageville

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

Median Home$254,249
Median Rent$1,017/month
Population171
Leading IndustriesRetail · Construction · Education19% retail
Home Value Growth⬆⬆⬆+34.0% over 2 years
Retirees32% of residentstop 5% nationally
Homeowners72% of occupied units
NotableTransit89/100 · excellent transit access
Savageville
VA

Frequently Asked Questions

What are today's mortgage rates in Savageville?

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

The median home value in Savageville is $254k. The median monthly rent is $1,017. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Savageville?

Home values in Savageville have increased 34.0% 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 Savageville?

Based on a typical all-in ownership cost of $782/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Savageville is $60k/year.

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What industries drive the economy in Savageville?

The largest employment sectors in Savageville are public administration (23%) and retail (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.