homesbycounty

Housing decision brief

Charles City County, VA Housing Market

Charles City County screens as a below-state purchase price, rent that needs comparison, a manageable tax-rate signal market. Use the page as a decision brief, not just a price lookup, because local income, taxes, and data confidence change how affordable the county really is.

56th lowest home value out of 133 Virginia counties with data | 75th lowest rent out of 133

Median home value

$224,100

Purchase-price signal from Census ACS.

Median rent

$1,076/mo

Gross rent, including utilities where reported.

Monthly owner cost

$943/mo

Owner costs before individual loan terms.

Decision snapshot

Read this county in four signals.

See the benchmark matrix

Buy screen

3.2x

Median home value divided by local household income.

Rent burden

30.0%

At or above the 30% burden threshold.

Rent vs own

$133/mo

Median owner cost screens below median rent.

Data confidence

Clean

No major county-specific caveat detected.

What Works

Lower purchase price

$224,100 median home value is 7% below Virginia county median

Owning screens cheaper than renting

Median owner costs are $133/mo below median rent before individual mortgage terms.

Low disaster-risk signal

Risk score is 90.7 out of 100, a stronger cross-check for long-term ownership costs.

What to Check

Water quality cross-check

Water quality grade is F. Review water data before treating housing cost as the full story.

Health context

Health score is 42.7 out of 100, so affordability should be weighed against local health indicators.

Best Fit For

  • Households weighing ownership against renting
  • Long-term owners who care about disaster-risk exposure
  • Remote earners or cash buyers looking below the state price line

Poor Fit For

  • Buyers who will not investigate local water systems before moving

County vs State vs National

The county number only matters after you see the benchmark. These comparisons show where Charles City County is genuinely cheap, where it is average, and where the hidden cost may be.

Swipe sideways to see state and national benchmarks.
MetricCountyStateU.S.Signal

Median home value

Lower usually helps affordability.

$224,100$240,900$281,900
7% favorable7% below Virginia county median

Median gross rent

Lower usually helps affordability.

$1,076$1,043$1,163
Near state median3% above Virginia county median

Monthly owner cost

Lower usually helps affordability.

$943$978$1,672
Near state median4% below Virginia county median

Median household income

$70,339$66,718$74,755
5% favorable5% above Virginia county median

Effective property-tax rate

Lower usually helps affordability.

0.60%0.63%1.02%
Near state median4% below Virginia county median

Rent burden

Lower usually helps affordability.

30.00%28.00%N/A
7% pressure30.00% of renter income goes to rent.

Income Fit

A low price only helps if local income can carry the monthly cost. This panel compares the county income base with rent and owner-cost thresholds.

Local median income$70,339
Income for median rent$43,040
Income for median owner cost$40,414

Rent cushion

+$27,299

Median income minus rent threshold.

Owner cushion

+$29,925

Median income minus owner-cost threshold.

Affordability Advisory

This turns the raw housing numbers into income and buy-versus-rent screens.

Affordability verdict

For renters in Charles City County, the market is affordable. Expect to pay around $1,076/month in gross rent, with 30.0% of renter households considered cost-burdened.

Rent vs own

Renters in Charles City County pay $1,076/month on average, compared to $943/month for homeowners. This market favors buyers by about 12%.

Income needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $43,040/year. For owner costs at the 28% rule, the required income is roughly $40,414/year. With a median household income of $70,339, most households can comfortably afford rent here. Notably, 30.0% of renter households in Charles City County are cost-burdened, spending more than 30% of income on housing.

Regional context

Compared to Petersburg city where rent averages $1,132/month, Charles City County is approximately 5% less expensive.

Better Counties to Compare

Similar counties are matched on home value, rent, income, and state context. This is more useful than a simple nearest-price list.

CountyHome ValueRentWhy compare
Franklin city, VA$227,200$995/moSame-state comparison near $227,200 home value and $995/mo rent.
Salem city, VA$244,800$1,046/moSame-state comparison near $244,800 home value and $1,046/mo rent.
Colonial Heights city, VA$231,700$1,162/moSame-state comparison near $231,700 home value and $1,162/mo rent.
King and Queen County, VA$240,900$982/moSame-state comparison near $240,900 home value and $982/mo rent.
Richmond County, VA$214,200$1,011/moSame-state comparison near $214,200 home value and $1,011/mo rent.

Housing Questions for Charles City County

Is Charles City County affordable for buying a home?
Charles City County has a home-value-to-income ratio of 3.2x. Values under 3.0x usually screen as more affordable, but taxes and local income still matter.
Is renting or owning cheaper in Charles City County?
Median rent is $1,076/mo and median monthly owner cost is $943/mo. On this screen, owning is cheaper before individual loan terms.
How much income do you need for housing in Charles City County?
To keep rent near 30% of income, the median rent implies about $43,040 in annual income. Using a 28% owner-cost screen, median owner costs imply about $40,414 in annual income.
What should I double-check before moving to Charles City County?
Double-check water quality cross-check, health context. These items can change the real value of a low monthly housing cost.
By Evan Brooks, Data EditorUpdated Reviewed by Evan Brooks, Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.