Cost of Living in James City County, Virginia

$1,491/mo
Median Monthly Rent
$419,200
Median Home Value
31% above state averageUnaffordable

At a Glance

Median Monthly Rent
$1,491/mo
31% above state average
Median Home Value
$419,200
49% above national
Rent-to-Income Ratio
32.0%
% 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 James City County Compares

Median monthly rent comparison

James City County$1,491/mo
Virginia Average$1,140/mo
National Median$1,163/mo

Detailed Housing Stats

$1,491/mo
Median Gross Rent
$419,200
Median Home Value
$1,624/mo
Monthly Owner Cost
32.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in James City County, Virginia

James City: Premium Living, Strong Affordability

At 16.7%, James City County's rent-to-income ratio sits below Virginia's state average of 18.6%, offering solid affordability in one of Virginia's most desirable communities. With a median household income of $107,046—43% above the national median—residents possess exceptional earning power relative to housing costs.

Virginia's Affluent Yet Accessible

James City County ranks among Virginia's most affordable wealthy communities, combining a 16.7% rent-to-income ratio with strong median income of $107,046. This Colonial Williamsburg-area county proves that premium living can coexist with genuine housing affordability when income aligns with costs.

Premium Prices, Premium Income

James City's median rent of $1,491 closely matches Hanover's $1,496 and Isle of Wight's $1,313, but its median home value of $419,200 stands highest among comparable counties. Yet with a $107,046 median income second only to Hanover ($109,504), James City residents have the purchasing power to afford these premium prices.

Strong Income Supports Premium Housing

James City renters spend $1,491 monthly—16.7% of a $107,046 median income—leaving ample resources for savings and discretionary spending. Homeowners face $1,624 monthly costs with median values of $419,200, but the county's exceptional income base makes both rental and owner-occupied housing manageable despite higher absolute prices.

James City: Premium Community, Fair Prices

Relocating to James City County gives you premium living—historic neighborhoods, Colonial Williamsburg proximity, strong schools—with a 16.7% rent-to-income ratio that rivals less affluent areas. If your household income matches or exceeds the median of $107,046, James City delivers unparalleled value for Virginia's most desirable communities.

Affordability Calculator

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

$

Rent Burden

16.7%

of gross income

Max Housing (28% Rule)

$2,498

per month

Owner Cost Burden

18.2%

of gross income

The median home in James City County may be a stretch

Median home value is $419,200. Estimated monthly cost: $3,347 vs. your max of $2,498.

Rent Affordability Guide

Your rent-to-income ratio16.7%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in James City County, Virginia?
James City County, Virginia has a median monthly rent of $1,491/mo and a median home value of $419,200. The affordability rating is Unaffordable, with rent making up approximately 32.0% of median household income.
What is the median rent in James City County?
The median gross rent in James City County is $1,491/mo. This is 31% above state average for Virginia.
Is James City County affordable?
James City County is rated Unaffordable based on rent-to-income ratio of 32.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does James City County's rent compare to the state average?
James City County's median rent of $1,491/mo is 31% above state average of $1,140/mo for Virginia.
What is the median home value in James City County?
The median home value in James City County, Virginia is $419,200. This is 49% above the national median home value of $281,900.
Sponsored

Planning a Move?

Researching the cost of living in James City 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 James City 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.