Counties › Virginia

Cost of Living in Carroll County, VA

Population 29,157 · Census ACS 2020–2024 5-year estimates

Median rent$738
Median home value$156,500
Median household income$54,484

The median rent in Carroll County, VA is $738/month, 53% lower than the Virginia median and 48% lower than the U.S. median. The median home value is $156,500, 53% lower than the national median. Households earn a median of $54,484 a year, 42% lower than the state median.

Affordability

Rent as a share of median income: 16.3%
Income needed for median rent (30% rule): $29,520/yr
Home price-to-income ratio: 2.9×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $791/mo

Run your own numbers: mortgage calculator · hourly to salary

Carroll County vs. Virginia vs. U.S.

Carroll CountyVirginiaU.S.
Median rent$738$1,579$1,413
Median home value$156,500$383,700$332,700
Median household income$54,484$93,170$80,734
Homeownership rate77.1%67.3%65.2%
Bachelor's degree or higher16.9%42.2%35.7%
Poverty rate15.3%9.9%12.5%
Unemployment rate5.5%4.3%5.2%
Work from home3.2%18.3%15.1%
Median age49.439.038.9

FAQ

What is the average rent in Carroll County, VA?

The median gross rent in Carroll County, VA is $738 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $29,520 a year in gross income.

Is Carroll County, VA expensive to live in?

Rent there is 48% lower than the U.S. median, and the median home costs about 2.9 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

Boone County, ARRent $733 · Income $55,143Caddo County, OKRent $734 · Income $55,353Henderson County, TNRent $745 · Income $55,136Conway County, ARRent $755 · Income $54,187Vinton County, OHRent $728 · Income $55,336Colfax County, NMRent $729 · Income $53,554

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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