Cost of Living in Dinwiddie County, Virginia

$1,242/mo
Median Monthly Rent
$246,100
Median Home Value
9% above state averageUnaffordable

At a Glance

Median Monthly Rent
$1,242/mo
9% above state average
Median Home Value
$246,100
13% below national
Rent-to-Income Ratio
22.0%
% 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 Dinwiddie County Compares

Median monthly rent comparison

Dinwiddie County$1,242/mo
Virginia Average$1,140/mo
National Median$1,163/mo

Detailed Housing Stats

$1,242/mo
Median Gross Rent
$246,100
Median Home Value
$1,238/mo
Monthly Owner Cost
22.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Dinwiddie County, Virginia

Dinwiddie balances higher incomes and costs

Dinwiddie County's rent-to-income ratio of 17.8% beats the national average of 18.6%, positioning it as a genuinely affordable market despite higher absolute costs. Median household income of $83,898 exceeds the national average of $74,755 by 12%, while median rent of $1,242 reflects the stronger local economy. This county demonstrates how rising incomes can outpace rising rents, improving overall affordability.

Virginia's sweet spot for balance

Dinwiddie ranks among Virginia's most affordable communities by ratio at 17.8%, matching the state average of 18.6% at the upper end of efficiency. Incomes here significantly exceed the state average, while rents remain only 9% above Virginia's median—a favorable combination. This central Virginia county offers wage growth alongside housing stability.

Higher wages, higher but manageable costs

Dinwiddie's $83,898 median income dwarfs Danville's $42,778 and Dickenson's $43,831, allowing residents to absorb $1,242 rent more comfortably despite the higher nominal cost. At 17.8%, Dinwiddie's rent-to-income ratio is the lowest in this peer group, demonstrating how wage strength beats rental restraint. For those prioritizing income opportunity, Dinwiddie's higher costs become negligible.

Housing consumes modest share of income

Dinwiddie renters spend $1,242 monthly while earning $83,898 annually—just 17.8% of gross income, leaving substantial discretionary spending capacity. Homeowners face $1,238 monthly costs on a median value of $246,100, also consuming a reasonable 17.7% of household income. Both figures place Dinwiddie among Virginia's most comfortable housing situations relative to earning power.

Dinwiddie rewards career growth and wages

This county offers the rare combination of strong incomes ($83,898 median) with genuinely affordable housing ratios, making it ideal for families prioritizing economic stability. Homes averaging $246,100 and rents at $1,242 remain comfortably below 18% of income, leaving room for savings and quality of life. Professionals relocating for jobs in central Virginia will find Dinwiddie's balance hard to beat.

Affordability Calculator

See how your income compares to housing costs in Dinwiddie County

$

Rent Burden

17.8%

of gross income

Max Housing (28% Rule)

$1,958

per month

Owner Cost Burden

17.7%

of gross income

The median home in Dinwiddie County may be a stretch

Median home value is $246,100. Estimated monthly cost: $1,965 vs. your max of $1,958.

Rent Affordability Guide

Your rent-to-income ratio17.8%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Dinwiddie County, Virginia?
Dinwiddie County, Virginia has a median monthly rent of $1,242/mo and a median home value of $246,100. The affordability rating is Unaffordable, with rent making up approximately 22.0% of median household income.
What is the median rent in Dinwiddie County?
The median gross rent in Dinwiddie County is $1,242/mo. This is 9% above state average for Virginia.
Is Dinwiddie County affordable?
Dinwiddie County is rated Unaffordable based on rent-to-income ratio of 22.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Dinwiddie County's rent compare to the state average?
Dinwiddie County's median rent of $1,242/mo is 9% above state average of $1,140/mo for Virginia.
What is the median home value in Dinwiddie County?
The median home value in Dinwiddie County, Virginia is $246,100. This is 13% below the national median home value of $281,900.
Sponsored

Planning a Move?

Researching the cost of living in Dinwiddie County, Virginia? Compare moving quotes from top providers and save on your relocation.

Compare Moving Quotes

Counties with Similar Housing Costs

Sponsored

Compare Mortgage Rates in Dinwiddie County

Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.

See Today's Rates

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