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King William County Housing Market

Virginia · 133 counties · Ranked #2528 in home value

Below National Avg

Housing at a Glance

Median Home Value

$276,500

vs national$276,500 vs $281,900 national

Median Gross Rent

$1,246/mo

vs national+$1,246 vs $1,163 national

Effective Tax Rate

0.63%

vs national0.63% vs 1.02% national

Median Household Income

$85,212

vs national+$85,212 vs $74,755 national

Affordability Ratio

3.2x

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

Rent Burden

31.0%

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

More Housing Data

Property Tax (Median)

$1,733

Tax as % of Home Value

0.63%

Monthly Owner Cost

$1,329

Renter Income

$41,172

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Frequently Asked Questions

What is the median home value in King William County?

The median home value in King William County is $276,500. This is below the national median of $281,900.

How much is rent in King William County?

The median gross rent in King William County is $1,246 per month.

What is the property tax rate in King William County?

The effective property tax rate in King William County is 0.63%. The median annual property tax bill is $1,733.

Is King William County affordable?

With a home-value-to-income ratio of 3.2x, King William 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.