Housing Affordability in Virginia

4.2
Value-to-income ratio
$2,150 /mo
Median mortgage payment
21%
Cost-burdened owners

Historical data

Coming soon

Long-run charts for this indicator are on the way.

Compared to the United States

IndicatorVirginiaUnited States
Home value-to-income ratio4.24.7

National ranking

Virginia ranks #10 of 35 states by home value-to-income ratio.

#1Oklahoma2.9
#2Illinois3.1
#3Ohio3.2
#4Indiana3.3
#5Michigan3.4
#6Pennsylvania3.5
#7Missouri3.5
#8Wisconsin3.6
#9Minnesota3.7
#10Virginia4.2
#11Georgia4.4
#12North Carolina4.5
#13Delaware4.6
#14Tennessee4.6
#15New Jersey4.9
#16Utah5.3
#17Rhode Island5.4
#18Maine5.4
#19New York5.5
#20Arizona5.6
#21Nevada5.9
#22Colorado5.9
#23Massachusetts6
#24Oregon6.1
#25Washington6.1
#26Montana6.4
#27Wyoming12
#28New Mexico18
#29Vermont30
#30New Hampshire78
#31Texas84
#32South Dakota88
#33Florida105
#34Louisiana$4,700
#35Kentucky$186,000

Overview

In Virginia, home value-to-income ratio stands at 4.2 (value-to-income ratio). The U.S. figure for home value-to-income ratio is 4.7, versus 4.2 for Virginia. Other home value-to-income ratio indicators for Virginia — Median mortgage payment: $2,150 /mo; Cost-burdened owners: 21%.

Did you know?

  • High incomes keep Virginia's value-to-income ratio below the national average despite expensive homes.

Related data