Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Vinton

Learn about the people, housing, costs and businesses in Vinton, Virginia

Median Home$192,023
Median Rent$985/month
Population8,074
Leading IndustriesEducation · Healthcare · Public Administration3% education
Home Value Growth⬆⬆+14.9% over 2 years
Young Adults29% of residentsslightly above average
Homeowners59% of occupied units
NotableAmenity Score73/100 · highly walkable area
Vinton
VA

Frequently Asked Questions

What are today's mortgage rates in Vinton?

As of today, the 30-year fixed mortgage rate for Vinton is approximately 6.969% (7.008% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Vinton
What is the median home price in Vinton?

The median home value in Vinton is $192k. The median monthly rent is $985. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Vinton?

Home values in Vinton have increased 14.9% 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 Vinton?

Based on a typical all-in ownership cost of $978/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Vinton is $72k/year.

Calculate your buying power
What industries drive the economy in Vinton?

The largest employment sectors in Vinton are public administration (26%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.