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Southside Chesconessex

Learn about the people, housing, costs and businesses in Southside Chesconessex, Virginia

Median Home$267,100
Median Rent$1,023/month
Population114
Leading IndustriesRetail · Information & Media · Finance & Insurance18% retail
Home Value Growth⬆⬆⬆+38.8% over 2 years
Young Adults28% of residentsnear the national average
Homeowners71% of occupied units
NotableTransit84/100 · excellent transit access
Southside Chesconessex
VA

Explore Southside Chesconessex

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Southside Chesconessex?

As of today, the 30-year fixed mortgage rate for Southside Chesconessex is approximately 6.960% (6.998% 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 Southside Chesconessex?

The median home value in Southside Chesconessex is $267k. The median monthly rent is $1,023. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Southside Chesconessex?

Home values in Southside Chesconessex have increased 38.8% 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 Southside Chesconessex?

Based on a typical all-in ownership cost of $744/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 Southside Chesconessex is $62k/year.

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What industries drive the economy in Southside Chesconessex?

The largest employment sectors in Southside Chesconessex are public administration (24%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.