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Russell County Housing Market

Virginia · 133 counties · Ranked #614 in home value

Below National AvgAffordable

Housing at a Glance

Median Home Value

$119,600

vs national$119,600 vs $281,900 national

Median Gross Rent

$682/mo

vs national$682 vs $1,163 national

Effective Tax Rate

0.54%

vs national0.54% vs 1.02% national

Median Household Income

$49,020

vs national$49,020 vs $74,755 national

Affordability Ratio

2.4x

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

Rent Burden

26.0%

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

More Housing Data

Property Tax (Median)

$644

Tax as % of Home Value

0.54%

Monthly Owner Cost

$467

Renter Income

$28,957

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Frequently Asked Questions

What is the median home value in Russell County?

The median home value in Russell County is $119,600. This is below the national median of $281,900.

How much is rent in Russell County?

The median gross rent in Russell County is $682 per month.

What is the property tax rate in Russell County?

The effective property tax rate in Russell County is 0.54%. The median annual property tax bill is $644.

Is Russell County affordable?

With a home-value-to-income ratio of 2.4x, Russell 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.