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Shawsville

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

Median Home$144,400
Median Rent$994/month
Population1,340
Leading IndustriesRetail · Professional Services · Healthcare24% retail
Home Value Growth⬆⬆+20.7% over 2 years
Young Adults27% of residentsnear the national average
Homeowners69% of occupied units
Shawsville
VA

Frequently Asked Questions

What are today's mortgage rates in Shawsville?

As of today, the 30-year fixed mortgage rate for Shawsville is approximately 7.052% (7.093% 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 Shawsville?

The median home value in Shawsville is $144k. The median monthly rent is $994. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Shawsville?

Home values in Shawsville have increased 20.7% 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 Shawsville?

Based on a typical all-in ownership cost of $773/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Shawsville is $45k/year.

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What industries drive the economy in Shawsville?

The largest employment sectors in Shawsville are retail (24%) and public administration (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.