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Cost of Living in Russell County, VA

Population 25,538 · Census ACS 2020–2024 5-year estimates

Median rent$653
Median home value$120,600
Median household income$50,012

The median rent in Russell County, VA is $653/month, 59% lower than the Virginia median and 54% lower than the U.S. median. The median home value is $120,600, 64% lower than the national median. Households earn a median of $50,012 a year, 46% lower than the state median.

Affordability

Rent as a share of median income: 15.7%
Income needed for median rent (30% rule): $26,120/yr
Home price-to-income ratio: 2.4×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $610/mo

Run your own numbers: mortgage calculator · hourly to salary

Russell County vs. Virginia vs. U.S.

Russell CountyVirginiaU.S.
Median rent$653$1,579$1,413
Median home value$120,600$383,700$332,700
Median household income$50,012$93,170$80,734
Homeownership rate76.3%67.3%65.2%
Bachelor's degree or higher13.1%42.2%35.7%
Poverty rate16.7%9.9%12.5%
Unemployment rate3.6%4.3%5.2%
Work from home4.9%18.3%15.1%
Median age46.739.038.9

FAQ

What is the average rent in Russell County, VA?

The median gross rent in Russell County, VA is $653 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $26,120 a year in gross income.

Is Russell County, VA expensive to live in?

Rent there is 54% lower than the U.S. median, and the median home costs about 2.4 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

Texas County, MORent $665 · Income $50,036Grayson County, KYRent $658 · Income $50,757Prentiss County, MSRent $637 · Income $49,724Monroe County, KYRent $657 · Income $51,280Fayette County, ALRent $667 · Income $49,488Mason County, WVRent $671 · Income $49,761

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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