Home/Virginia/Patrick County

Patrick County Housing Market

Virginia · 133 counties · Ranked #1087 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$146,500

vs national$146,500 vs $281,900 national

Median Gross Rent

$721/mo

vs national$721 vs $1,163 national

Effective Tax Rate

0.58%

vs national0.58% vs 1.02% national

Median Household Income

$50,938

vs national$50,938 vs $74,755 national

Affordability Ratio

2.9x

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

Rent Burden

27.0%

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

More Housing Data

Property Tax (Median)

$851

Tax as % of Home Value

0.58%

Monthly Owner Cost

$512

Renter Income

$33,994

Frequently Asked Questions

What is the median home value in Patrick County?
The median home value in Patrick County is $146,500. This is below the national median of $281,900.
How much is rent in Patrick County?
The median gross rent in Patrick County is $721 per month.
What is the property tax rate in Patrick County?
The effective property tax rate in Patrick County is 0.58%. The median annual property tax bill is $851.
Is Patrick County affordable?
With a home-value-to-income ratio of 2.9x, Patrick County is considered 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.