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Scottsburg

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

Median Home$164,600
Median Rent$1,175/month
Population115
Leading IndustryPublic Administration27% of local workforce
Home Value Growth-0.2% over 2 years
Young Adults32% of residentsabove average nationally
Homeowners81% of occupied units
NotableHighly Educated25% bachelor's · 15% graduate · top 18% nationally
Scottsburg
VA

Frequently Asked Questions

What are today's mortgage rates in Scottsburg?

As of today, the 30-year fixed mortgage rate for Scottsburg is approximately 6.983% (7.022% 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 Scottsburg?

The median home value in Scottsburg is $165k. The median monthly rent is $1,175. Annual property taxes average $736. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Scottsburg?

Home values in Scottsburg have decreased 0.2% over the past two years. Buyers may find more negotiating room in this market. 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 Scottsburg?

Based on a typical all-in ownership cost of $740/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Scottsburg is $67k/year.

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What industries drive the economy in Scottsburg?

The largest employment sectors in Scottsburg are public administration (27%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.