Cost of Living in Powhatan County, Virginia
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How Powhatan County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in Powhatan County, Virginia
Powhatan: Affluent and affordable
Powhatan County's rent-to-income ratio of 12.0% is exceptionally low—well below the comfortable 20–25% threshold and a fraction of the national median household income disadvantage. With median household income at $110,667, residents here earn $35,912 more than the national median, giving them substantial breathing room despite higher absolute rents.
Most affordable among wealthy Virginia counties
Powhatan's 12.0% rent-to-income ratio ranks as one of Virginia's best, beating the state average of 18.6% by a wide margin. This combination of high incomes and moderate housing costs makes Powhatan a rare afford-luxury market in the state.
Richer than Rappahannock, similar affordability
Powhatan and Rappahannock County both achieve excellent rent-to-income ratios (12.0% vs 16.9%), but Powhatan households earn notably more: $110,667 versus $98,125 annually. Both offer breathing room for renters, though Powhatan's income cushion is larger.
High income absorbs higher housing costs
Renters in Powhatan pay $1,107 monthly while homeowners face $1,548 in monthly costs on a median home value of $381,300. The median household income of $110,667 annually ($9,222 monthly) easily absorbs these costs, leaving room for savings and other expenses.
Powhatan rewards high earners with ease
If you're relocating with a strong income, Powhatan County offers the rare combination of affluent neighbors and genuine affordability—just 12% of income goes to rent. The median home value of $381,300 remains accessible to households earning $110,000+, making it an excellent choice for those prioritizing financial flexibility.
Affordability Calculator
See how your income compares to housing costs in Powhatan County
Rent Burden
12.0%
of gross income
Max Housing (28% Rule)
$2,582
per month
Owner Cost Burden
16.8%
of gross income
The median home in Powhatan County may be a stretch
Median home value is $381,300. Estimated monthly cost: $3,044 vs. your max of $2,582.
Rent Affordability Guide
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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.