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Cost of Living in Poquoson city, VA

Population 12,639 · Census ACS 2020–2024 5-year estimates

Median rent$1,707
Median home value$400,300
Median household income$120,972

The median rent in Poquoson city, VA is $1,707/month, 8% higher than the Virginia median and 21% higher than the U.S. median. The median home value is $400,300, 20% higher than the national median. Households earn a median of $120,972 a year, 30% higher than the state median.

Affordability

Rent as a share of median income: 16.9%
Income needed for median rent (30% rule): $68,280/yr
Home price-to-income ratio: 3.3×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $2,024/mo

Run your own numbers: mortgage calculator · hourly to salary

Poquoson city vs. Virginia vs. U.S.

Poquoson cityVirginiaU.S.
Median rent$1,707$1,579$1,413
Median home value$400,300$383,700$332,700
Median household income$120,972$93,170$80,734
Homeownership rate84.6%67.3%65.2%
Bachelor's degree or higher36.3%42.2%35.7%
Poverty rate4.5%9.9%12.5%
Unemployment rate3.2%4.3%5.2%
Work from home11.7%18.3%15.1%
Median age41.239.038.9

FAQ

What is the average rent in Poquoson city, VA?

The median gross rent in Poquoson city, VA is $1,707 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $68,280 a year in gross income.

Is Poquoson city, VA expensive to live in?

Rent there is 21% higher than the U.S. median, and the median home costs about 3.3 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

Rockingham County, NHRent $1,687 · Income $118,331St. Mary's County, MDRent $1,747 · Income $119,446Frederick County, MDRent $1,774 · Income $122,002Washington County, MNRent $1,710 · Income $115,345Montgomery County, PARent $1,683 · Income $113,915Plymouth County, MARent $1,747 · Income $114,201

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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