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Virginia

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

Median Home$426,400
Median Rent$1,153/month
Population794
Leading IndustriesArts, Food & Hospitality · Professional Services · Healthcare8% arts, food & hospitality
Home Value Growth+9.5% over 2 years
Young Adults27% of residentsnear the national average
Homeowners96% of occupied units
NotableTransit81/100 · excellent transit access
NotableHigh Incomes$93k/year · top 22% nationally
Virginia City
NV

Frequently Asked Questions

What are today's mortgage rates in Virginia?

As of today, the 30-year fixed mortgage rate for Virginia is approximately 6.837% (6.871% 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 Virginia?

The median home value in Virginia is $426k. The median monthly rent is $1,153. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Virginia?

Home values in Virginia have increased 9.5% over the past two years. This represents moderate growth. 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 Virginia?

Based on a typical all-in ownership cost of $1,335/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $57k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Virginia is $93k/year.

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What industries drive the economy in Virginia?

The largest employment sectors in Virginia are public administration (25%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.