Cost of Living in Goochland County, Virginia
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Goochland County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Goochland County, Virginia
Goochland's wealth works for renters
Goochland County has the highest median household income of any county in this comparison at $118,695—59% above the national average—and a rent-to-income ratio of 15.8% that beats Virginia's state average. This combination means residents have strong earning power despite paying premium prices for housing.
Wealthy county, strong affordability
Goochland ranks in the top 10% of Virginia counties for housing affordability relative to income, with its 15.8% ratio outperforming nearly all wealthy peers. The county's $1,567 median rent reflects its upscale character and proximity to Richmond's western suburbs.
Premium prices, premium incomes
Goochland rents exceed Gloucester's by $423 monthly and Giles's by $787, but household incomes run $35,000 higher than Gloucester and $53,900 higher than Giles. This income advantage makes rent-to-income ratios more favorable despite nominal prices that rank highest in the region.
Luxury living takes steady income
At $1,567 monthly, median rent consumes 15.8% of income, while homeownership costs $1,495 and claims 15.1% of earnings. With a median home value of $483,700, Goochland residents spend roughly 30% of household income on housing—sustainable only because incomes are exceptional.
Goochland for those with premium incomes
Goochland County suits high-earning households seeking suburban Richmond's upscale living—your six-figure income will make these costs comfortable. If you prefer lower absolute prices, Giles and Gloucester offer substantial savings; if you want comparable wealth with lower costs, explore other metro-Richmond options.
Affordability Calculator
See how your income compares to housing costs in Goochland County
Rent Burden
15.8%
of gross income
Max Housing (28% Rule)
$2,770
per month
Owner Cost Burden
15.1%
of gross income
The median home in Goochland County may be a stretch
Median home value is $483,700. Estimated monthly cost: $3,862 vs. your max of $2,770.
Rent Affordability Guide
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.