Counties › Virginia

Cost of Living in Smyth County, VA

Population 29,420 · Census ACS 2020–2024 5-year estimates

Median rent$731
Median home value$139,600
Median household income$49,883

The median rent in Smyth County, VA is $731/month, 54% lower than the Virginia median and 48% lower than the U.S. median. The median home value is $139,600, 58% lower than the national median. Households earn a median of $49,883 a year, 46% lower than the state median.

Affordability

Rent as a share of median income: 17.6%
Income needed for median rent (30% rule): $29,240/yr
Home price-to-income ratio: 2.8×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $706/mo

Run your own numbers: mortgage calculator · hourly to salary

Smyth County vs. Virginia vs. U.S.

Smyth CountyVirginiaU.S.
Median rent$731$1,579$1,413
Median home value$139,600$383,700$332,700
Median household income$49,883$93,170$80,734
Homeownership rate71.0%67.3%65.2%
Bachelor's degree or higher16.8%42.2%35.7%
Poverty rate16.8%9.9%12.5%
Unemployment rate3.1%4.3%5.2%
Work from home6.1%18.3%15.1%
Median age46.439.038.9

FAQ

What is the average rent in Smyth County, VA?

The median gross rent in Smyth County, VA is $731 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $29,240 a year in gross income.

Is Smyth County, VA expensive to live in?

Rent there is 48% lower than the U.S. median, and the median home costs about 2.8 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

Adams County, OHRent $732 · Income $50,264Hamilton County, FLRent $724 · Income $50,144Carter County, TNRent $739 · Income $50,135Iosco County, MIRent $719 · Income $50,066Van Buren County, ARRent $722 · Income $50,354Howell County, MORent $733 · Income $50,993

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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