CostBy County

Cost of Living in Goochland County, Virginia

$1,614/mo
Median Monthly Rent
$500,600
Median Home Value

At a Glance

Median Monthly Rent
$1,614/mo
38% above state average
Median Home Value
$500,600
50% above national
Census GRAPI
24.3%
Median gross rent as % of renter income

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

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Goochland County Compares

Median monthly rent comparison

Goochland County$1,614/mo
Virginia Average$1,170/mo
National Median$1,413/mo

Detailed Housing Stats

$1,614/mo
Median Gross Rent
$500,600
Median Home Value
$1,495/mo
Monthly Owner Cost
24.3%
Census GRAPI

National Ranking

Affordability Rank

Goochland County ranks #2,914 of 3,142 counties for affordability (bottom 7%)

Most AffordableLeast Affordable

Sourced county brief

Goochland County Median Gross Rent Reaches $1,614 Per Month

In Goochland County, Virginia, the median gross rent is $1,614 per month, a figure that is $444 higher than the state unweighted county mean of $1,170. The official median gross rent as a percentage of household income (GRAPI) is 24.3%, which is 4.3 percentage points below the state unweighted county mean of 28.6%. For owner-occupied units, the median home value is $500,600, exceeding the state unweighted county mean of $295,808 by $204,792. Selected monthly owner costs in Goochland County average $1,495, compared to a state unweighted county mean of $1,190. Renter-households in the county have a median income of $75,114. These metrics are part of the 2020-2024 ACS 5-Year Estimates and provide a data snapshot for the county. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Goochland County

Affordability Verdict

ACS B25071 estimates median gross rent at 24.3% of renter household income in Goochland County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $1,614 per month; median selected monthly owner costs are $1,495. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $64,560 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Virginia unweighted mean of county median rents is $1,170 per month. Goochland County's $1,614 median is 38.0% above that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Goochland County

$

Rent Burden

16.3%

of gross income

Max Housing (28% Rule)

$2,775

per month

Owner Cost Burden

15.1%

of gross income

The median home in Goochland County may be a stretch

Median home value is $500,600. Estimated monthly cost: $3,996 vs. your max of $2,775.

Rent Affordability Guide

Your entered rent as a share of entered income16.3%
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: $118,931Needed: $64,560
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $118,931Needed: $64,071
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $118,931Needed: $116,503

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 Goochland County, Virginia?
Goochland County, Virginia has a median monthly rent of $1,614/mo and a median home value of $500,600. The affordability rating is Affordable, with median gross rent equal to approximately 24.3% of renter household income.
What is the median rent in Goochland County?
The median gross rent in Goochland County is $1,614/mo. This is 38% above state average for Virginia.
Is Goochland County affordable?
Goochland County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 24.3%. Median gross rent is under 30% of renter household income.
How does Goochland County's rent compare to the state average?
Goochland County's median rent of $1,614/mo is 38% above state average of $1,170/mo for Virginia.
What is the median home value in Goochland County?
The median home value in Goochland County, Virginia is $500,600. This is 50% above the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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