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Cost of Living in Meadowbrook, VA

Population 20,749 · Census ACS 2020–2024 5-year estimates

Median rent$1,583
Median home value$298,500
Median household income$86,054

The median rent in Meadowbrook, VA is $1,583/month, about the same as the Virginia median and 12% higher than the U.S. median. The median home value is $298,500, 10% lower than the national median. Households earn a median of $86,054 a year, 8% lower than the state median.

Affordability

Rent as a share of median income: 22.1%
Income needed for median rent (30% rule): $63,320/yr
Home price-to-income ratio: 3.5×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,509/mo

Run your own numbers: mortgage calculator · hourly to salary

Meadowbrook vs. Virginia vs. U.S.

MeadowbrookVirginiaU.S.
Median rent$1,583$1,579$1,413
Median home value$298,500$383,700$332,700
Median household income$86,054$93,170$80,734
Homeownership rate75.4%67.3%65.2%
Bachelor's degree or higher25.5%42.2%35.7%
Poverty rate12.4%9.9%12.5%
Unemployment rate5.3%4.3%5.2%
Work from home15.0%18.3%15.1%
Median age37.039.038.9

FAQ

What is the average rent in Meadowbrook, VA?

The median gross rent in Meadowbrook, VA is $1,583 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Meadowbrook, VA?

Using the common 30% rule, renting a median-priced home takes about $63,320 a year in gross income.

Is Meadowbrook, VA expensive to live in?

Rent there is 12% higher than the U.S. median, and the median home costs about 3.5 times the median household income.

Other cities in Virginia

Virginia Beach, VARent $1,714 · Income $92,968Chesapeake, VARent $1,586 · Income $95,373Arlington, VARent $2,322 · Income $142,114Norfolk, VARent $1,321 · Income $66,109Richmond, VARent $1,372 · Income $64,587Newport News, VARent $1,339 · Income $69,634

Cities with a similar cost of living

Randallstown, MDRent $1,577 · Income $85,735Glendale Heights, ILRent $1,590 · Income $86,545Benbrook, TXRent $1,566 · Income $86,292Raleigh, NCRent $1,572 · Income $85,395Reisterstown, MDRent $1,600 · Income $85,543Milwaukie, ORRent $1,598 · Income $86,892

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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