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Floyd County Housing Market

Virginia · 133 counties · Ranked #2070 in home value

Below National Avg

Housing at a Glance

Median Home Value

$215,500

vs national$215,500 vs $281,900 national

Median Gross Rent

$826/mo

vs national$826 vs $1,163 national

Effective Tax Rate

0.52%

vs national0.52% vs 1.02% national

Median Household Income

$61,401

vs national$61,401 vs $74,755 national

Affordability Ratio

3.5x

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

Rent Burden

23.0%

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

More Housing Data

Property Tax (Median)

$1,122

Tax as % of Home Value

0.52%

Monthly Owner Cost

$601

Renter Income

$41,455

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Frequently Asked Questions

What is the median home value in Floyd County?

The median home value in Floyd County is $215,500. This is below the national median of $281,900.

How much is rent in Floyd County?

The median gross rent in Floyd County is $826 per month.

What is the property tax rate in Floyd County?

The effective property tax rate in Floyd County is 0.52%. The median annual property tax bill is $1,122.

Is Floyd County affordable?

With a home-value-to-income ratio of 3.5x, Floyd 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.