Cost of Living in Charles City County, Virginia

$1,076/mo
Median Monthly Rent
$224,100
Median Home Value

At a Glance

Median Monthly Rent
$1,076/mo
6% below state average
Median Home Value
$224,100
21% below national
Rent-to-Income Ratio
30.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Charles City County Compares

Median monthly rent comparison

Charles City County$1,076/mo
Virginia Average$1,140/mo
National Median$1,163/mo

Detailed Housing Stats

$1,076/mo
Median Gross Rent
$224,100
Median Home Value
$943/mo
Monthly Owner Cost
30.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Charles City County ranks #1,581 of 3,144 counties for affordability (top 50%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Charles City County, Virginia

Charles City stays slightly below state average

Charles City County's 18.4% rent-to-income ratio sits just below Virginia's state average of 18.6%, supported by median household income of $70,339 and rents of $1,076. The county offers near-average affordability for Virginia residents earning moderately above national medians.

Middle ground in Virginia's affordability rankings

Charles City ranks near the middle of Virginia's affordability spectrum, with costs and incomes both slightly above state averages. The county's 18.4% rent-to-income ratio places it just below the state median, making it reliable but unremarkable.

Bridges affordable and expensive county markets

Charles City's $1,076 rent falls between affordable Campbell ($853) and expensive Buena Vista ($1,067), while owner costs of $943 split differences with neighboring counties. The county occupies a true middle position geographically and economically.

Housing remains near-average share of budget

Charles City residents earning $70,339 spend 18.4% on rent ($1,076) or 16.1% on owner costs ($943), consuming a slightly smaller share of income through ownership. Both pathways remain manageable for households at this income level.

Charles City offers steady, unremarkable value

Choose Charles City County if you seek Virginia housing near state averages without seeking bargains or premium amenities, with median values of $224,100. Compare to cheaper Campbell County or more expensive nearby areas to confirm fit.

Cost of Living Advisory: Charles City County

Affordability Verdict

For renters in Charles City County, the market is affordable. Expect to pay around $1,076/month in gross rent, with 30.0% of renter households considered cost-burdened.

Rent vs. Own

Renters in Charles City County pay $1,076/month on average, compared to $943/month for homeowners. This market favors buyers by about 12%.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $43,040/year. For owner costs at the 28% rule, the required income is roughly $40,414/year. With a median household income of $70,339, most households can comfortably afford rent here. Notably, 30.0% of renter households in Charles City County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Petersburg city where rent averages $1,132/month, Charles City County is approximately 5% less expensive.

Affordability Calculator

See how your income compares to housing costs in Charles City County

$

Rent Burden

18.4%

of gross income

Max Housing (28% Rule)

$1,641

per month

Owner Cost Burden

16.1%

of gross income

The median home in Charles City County may be a stretch

Median home value is $224,100. Estimated monthly cost: $1,789 vs. your max of $1,641.

Rent Affordability Guide

Your rent-to-income ratio18.4%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $70,339Needed: $43,040
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $70,339Needed: $40,414
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $70,339Needed: $52,154

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Charles City County, Virginia?
Charles City County, Virginia has a median monthly rent of $1,076/mo and a median home value of $224,100. The affordability rating is Unaffordable, with rent making up approximately 30.0% of median household income.
What is the median rent in Charles City County?
The median gross rent in Charles City County is $1,076/mo. This is 6% below state average for Virginia.
Is Charles City County affordable?
Charles City County is rated Unaffordable based on rent-to-income ratio of 30.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Charles City County's rent compare to the state average?
Charles City County's median rent of $1,076/mo is 6% below state average of $1,140/mo for Virginia.
What is the median home value in Charles City County?
The median home value in Charles City County, Virginia is $224,100. This is 21% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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