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Gloucester County Housing Market

Virginia · 133 counties · Ranked #2608 in home value

Above National Avg

Housing at a Glance

Median Home Value

$289,200

vs national+$289,200 vs $281,900 national

Median Gross Rent

$1,144/mo

vs national$1,144 vs $1,163 national

Effective Tax Rate

0.59%

vs national0.59% vs 1.02% national

Median Household Income

$83,689

vs national+$83,689 vs $74,755 national

Affordability Ratio

3.5x

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

Rent Burden

26.0%

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

More Housing Data

Property Tax (Median)

$1,718

Tax as % of Home Value

0.59%

Monthly Owner Cost

$1,294

Renter Income

$52,279

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Similar Counties by Home Value

Wrangell City and Borough

Explore Related Data

Frequently Asked Questions

What is the median home value in Gloucester County?

The median home value in Gloucester County is $289,200. This is above the national median of $281,900.

How much is rent in Gloucester County?

The median gross rent in Gloucester County is $1,144 per month.

What is the property tax rate in Gloucester County?

The effective property tax rate in Gloucester County is 0.59%. The median annual property tax bill is $1,718.

Is Gloucester County affordable?

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