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Wolf Trap

Learn about the people, housing, costs and businesses in Wolf Trap, Virginia

Median Home$1,118,129
Median Rent$3,175/month
Population16,061
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services28% arts, food & hospitality
Home Value Growth⬆⬆+18.0% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners87% of occupied units
NotableHigh Incomes$228k/year · top 1% nationally
NotableHighly Educated33% bachelor's · 30% graduate · top 5% nationally
Wolf Trap
VA

Frequently Asked Questions

What are today's mortgage rates in Wolf Trap?

As of today, the 30-year fixed mortgage rate for Wolf Trap is approximately 6.782% (6.814% 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 Wolf Trap?

The median home value in Wolf Trap is $1.1M. The median monthly rent is $3,175. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Wolf Trap?

Home values in Wolf Trap have increased 18.0% 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 Wolf Trap?

Based on a typical all-in ownership cost of $3,536/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $152k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Wolf Trap is $228k/year.

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What industries drive the economy in Wolf Trap?

The largest employment sectors in Wolf Trap are healthcare (30%) and arts, food, and hospitality (28%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.