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South Riding

Learn about the people, housing, costs and businesses in South Riding, Virginia

Median Home$751,104
Median Rent$2,988/month
Population34,340
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services23% arts, food & hospitality
Home Value Growth+9.8% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners83% of occupied units
NotableHigh Incomes$194k/year · top 1% nationally
NotableHighly Educated34% bachelor's · 26% graduate · top 4% nationally
South Riding
VA

Frequently Asked Questions

What are today's mortgage rates in South Riding?

As of today, the 30-year fixed mortgage rate for South Riding is approximately 6.814% (6.847% 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 South Riding?

The median home value in South Riding is $751k. The median monthly rent is $2,988. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in South Riding?

Home values in South Riding have increased 9.8% over the past two years. This represents moderate growth. 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 South Riding?

Based on a typical all-in ownership cost of $2,966/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $127k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in South Riding is $194k/year.

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What industries drive the economy in South Riding?

The largest employment sectors in South Riding are healthcare (26%) and arts, food, and hospitality (23%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.