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Craig County Housing Market

Virginia · 133 counties · Ranked #2012 in home value

Below National Avg

Housing at a Glance

Median Home Value

$210,500

vs national$210,500 vs $281,900 national

Median Gross Rent

$728/mo

vs national$728 vs $1,163 national

Effective Tax Rate

0.46%

vs national0.46% vs 1.02% national

Median Household Income

$67,778

vs national$67,778 vs $74,755 national

Affordability Ratio

3.1x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

19.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$958

Tax as % of Home Value

0.46%

Monthly Owner Cost

$884

Renter Income

N/A

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Frequently Asked Questions

What is the median home value in Craig County?

The median home value in Craig County is $210,500. This is below the national median of $281,900.

How much is rent in Craig County?

The median gross rent in Craig County is $728 per month.

What is the property tax rate in Craig County?

The effective property tax rate in Craig County is 0.46%. The median annual property tax bill is $958.

Is Craig County affordable?

With a home-value-to-income ratio of 3.1x, Craig County is moderately affordable compared to the recommended 3-4x guideline.

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