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Sugarland Run

Learn about the people, housing, costs and businesses in Sugarland Run, Virginia

Median Home$598,290
Median Rent$2,714/month
Population12,590
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services26% healthcare
Home Value Growth⬆⬆⬆+23.4% over 2 years
Young Adults34% of residentswell above average
Homeowners83% of occupied units
NotableHigh Incomes$171k/year · top 2% nationally
NotableHighly Educated27% bachelor's · 16% graduate · top 14% nationally
Sugarland Run
VA

Frequently Asked Questions

What are today's mortgage rates in Sugarland Run?

As of today, the 30-year fixed mortgage rate for Sugarland Run is approximately 6.841% (6.875% 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 Sugarland Run?

The median home value in Sugarland Run is $598k. The median monthly rent is $2,714. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Sugarland Run?

Home values in Sugarland Run have increased 23.4% 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 Sugarland Run?

Based on a typical all-in ownership cost of $2,406/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $103k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Sugarland Run is $171k/year.

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What industries drive the economy in Sugarland Run?

The largest employment sectors in Sugarland Run are healthcare (26%) and arts, food, and hospitality (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.