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The University of Virginias College at Wise

Learn about the people, housing, costs and businesses in The University of Virginias College at Wise, Virginia

Median Home$141,300
Median Rent$810/month
Population502
Leading IndustriesRetail · Manufacturing · Education23% retail
Home Value Growth⬆⬆+15.3% over 2 years
Young Adults34% of residentswell above average
Homeowners71% of occupied units
NotableTransit79/100 · excellent transit access
NotableAffordable Market$141k median home · lower cost than 77% of the country
The University of Virginias College at Wise
VA

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Frequently Asked Questions

What are today's mortgage rates in The University of Virginias College at Wise?

As of today, the 30-year fixed mortgage rate for The University of Virginias College at Wise is approximately 7.043% (7.080% 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 The University of Virginias College at Wise?

The median home value in The University of Virginias College at Wise is $141k. The median monthly rent is $810. Annual property taxes average $848. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in The University of Virginias College at Wise?

Home values in The University of Virginias College at Wise have increased 15.3% 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 The University of Virginias College at Wise?

Based on a typical all-in ownership cost of $680/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in The University of Virginias College at Wise is $54k/year.

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What industries drive the economy in The University of Virginias College at Wise?

The largest employment sectors in The University of Virginias College at Wise are retail (23%) and public administration (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.