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Cost of Living in Alleghany County, VA

Population 14,859 · Census ACS 2020–2024 5-year estimates

Median rent$765
Median home value$125,800
Median household income$56,188

The median rent in Alleghany County, VA is $765/month, 52% lower than the Virginia median and 46% lower than the U.S. median. The median home value is $125,800, 62% lower than the national median. Households earn a median of $56,188 a year, 40% lower than the state median.

Affordability

Rent as a share of median income: 16.3%
Income needed for median rent (30% rule): $30,600/yr
Home price-to-income ratio: 2.2×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $636/mo

Run your own numbers: mortgage calculator · hourly to salary

Alleghany County vs. Virginia vs. U.S.

Alleghany CountyVirginiaU.S.
Median rent$765$1,579$1,413
Median home value$125,800$383,700$332,700
Median household income$56,188$93,170$80,734
Homeownership rate82.3%67.3%65.2%
Bachelor's degree or higher14.6%42.2%35.7%
Poverty rate11.6%9.9%12.5%
Unemployment rate2.3%4.3%5.2%
Work from home3.8%18.3%15.1%
Median age48.339.038.9

FAQ

What is the average rent in Alleghany County, VA?

The median gross rent in Alleghany County, VA is $765 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $30,600 a year in gross income.

Is Alleghany County, VA expensive to live in?

Rent there is 46% lower than the U.S. median, and the median home costs about 2.2 times the median household income.

Other counties in Virginia

Fairfax County, VARent $2,276 · Income $153,637Prince William County, VARent $2,067 · Income $131,402Virginia Beach city, VARent $1,714 · Income $92,968Loudoun County, VARent $2,386 · Income $181,765Chesterfield County, VARent $1,629 · Income $101,931Henrico County, VARent $1,541 · Income $88,783

Counties with a similar cost of living

Coshocton County, OHRent $765 · Income $55,577Miller County, MORent $763 · Income $56,736Montgomery County, KSRent $761 · Income $55,697Surry County, NCRent $761 · Income $55,656Walker County, ALRent $756 · Income $56,509Hot Spring County, ARRent $768 · Income $55,405

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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