homesbycounty

Housing decision brief

James City County, VA Housing Market

James City County screens as a higher purchase price, rent that needs comparison, a higher 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.

117th lowest home value out of 133 Virginia counties with data | 109th lowest rent out of 133

Median home value

$419,200

Purchase-price signal from Census ACS.

Median rent

$1,491/mo

Gross rent, including utilities where reported.

Monthly owner cost

$1,624/mo

Owner costs before individual loan terms.

Decision snapshot

Read this county in four signals.

See the benchmark matrix

Buy screen

3.9x

Median home value divided by local household income.

Rent burden

32.0%

At or above the 30% burden threshold.

Rent vs own

$133/mo

Median rent screens below owner cost.

Data confidence

Clean

No major county-specific caveat detected.

What Works

No signal

No strong positive housing signal was available in the current dataset.

What to Check

Tax rate needs attention

0.66% effective property-tax rate is 6% above Virginia county median

Best Fit For

  • No strong fit signal was available in the current dataset.

Poor Fit For

  • No strong fit signal was available in the current dataset.

County vs State vs National

The county number only matters after you see the benchmark. These comparisons show where James 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.

$419,200$240,900$281,900
74% pressure74% above Virginia county median

Median gross rent

Lower usually helps affordability.

$1,491$1,043$1,163
43% pressure43% above Virginia county median

Monthly owner cost

Lower usually helps affordability.

$1,624$978$1,672
66% pressure66% above Virginia county median

Median household income

$107,046$66,718$74,755
60% favorable60% above Virginia county median

Effective property-tax rate

Lower usually helps affordability.

0.66%0.63%1.02%
6% pressure6% above Virginia county median

Rent burden

Lower usually helps affordability.

32.00%28.00%N/A
14% pressure32.00% 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$107,046
Income for median rent$59,640
Income for median owner cost$69,600

Rent cushion

+$47,406

Median income minus rent threshold.

Owner cushion

+$37,446

Median income minus owner-cost threshold.

Affordability Advisory

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

Affordability verdict

Housing in James City County is affordable. The median rent is $1,491/month against a median household income of $107,046, putting rent at 16.7% of income.

Rent vs own

Renters in James City County pay $1,491/month on average, compared to $1,624/month for homeowners. This market favors renters by about 8%.

Income needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $59,640/year. For owner costs at the 28% rule, the required income is roughly $69,600/year. With a median household income of $107,046, most households can comfortably afford rent here. Notably, 32.0% of renter households in James City County are cost-burdened, spending more than 30% of income on housing.

Regional context

James City County sits 3% less expensive than Chesterfield County ($1,542/month) in terms of median gross rent.

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
King George County, VA$395,900$1,426/moSame-state comparison near $395,900 home value and $1,426/mo rent.
Hanover County, VA$372,700$1,496/moSame-state comparison near $372,700 home value and $1,496/mo rent.
York County, VA$411,200$1,777/moSame-state comparison near $411,200 home value and $1,777/mo rent.
Culpeper County, VA$386,400$1,417/moSame-state comparison near $386,400 home value and $1,417/mo rent.
Albemarle County, VA$471,000$1,623/moSame-state comparison near $471,000 home value and $1,623/mo rent.

Housing Questions for James City County

Is James City County affordable for buying a home?
James City County has a home-value-to-income ratio of 3.9x. Values under 3.0x usually screen as more affordable, but taxes and local income still matter.
Is renting or owning cheaper in James City County?
Median rent is $1,491/mo and median monthly owner cost is $1,624/mo. On this screen, renting is cheaper before individual loan terms.
How much income do you need for housing in James City County?
To keep rent near 30% of income, the median rent implies about $59,640 in annual income. Using a 28% owner-cost screen, median owner costs imply about $69,600 in annual income.
What should I double-check before moving to James City County?
Double-check tax rate needs attention. 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.