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University of Virginia

Learn about the people, housing, costs and businesses in University of Virginia, Virginia

Median Home$508,700
Median Rent$1,436/month
Population9,065
Leading IndustriesPublic Administration · Arts, Food & Hospitality · Healthcare42% public administration
Home Value Growth⬆⬆+18.9% over 2 years
Young Adults87% of residentstop 1% nationally
Renters84% of occupied units
NotableHighly Educated28% bachelor's · 27% graduate · top 12% nationally
University of Virginia
VA

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Frequently Asked Questions

What are today's mortgage rates in University of Virginia?

As of today, the 30-year fixed mortgage rate for University of Virginia is approximately 6.885% (6.916% 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 University of Virginia?

The median home value in University of Virginia is $509k. The median monthly rent is $1,436. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in University of Virginia?

Home values in University of Virginia have increased 18.9% 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 University of Virginia?

Based on a typical all-in ownership cost of $1,411/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $60k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in University of Virginia is $50k/year.

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What industries drive the economy in University of Virginia?

The largest employment sectors in University of Virginia are public administration (42%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.