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)
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 Powhatan County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Powhatan County ranks #2,731 of 3,142 counties for affordability (bottom 13%)
Sourced county brief
Powhatan County Median Home Value Reaches $416,000
The median home value in Powhatan County, Virginia, was estimated at $416,000, which is $120,192 above the unweighted county mean for the state of $295,808. Median selected monthly owner costs for all owner-occupied units are $1,549 per month, exceeding the state unweighted county mean of $1,190. In the rental market, the median gross rent is $1,168 per month, nearly matching the state unweighted county mean of $1,170. The official ACS B25071 median gross rent as a percentage of household income (GRAPI) is 28.7%, differing by 0.1 percentage points from the unweighted state county mean of 28.6%. The median renter-household income in the county was estimated at $50,055. These housing statistics are derived from the U.S. Census Bureau ACS 5-Year Estimates for the period of 2020-2024. All reported values are verbatim snapshots and do not indicate market trends. See ACS table B25077 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Powhatan County
Affordability Verdict
ACS B25071 estimates median gross rent at 28.7% of renter household income in Powhatan 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 $1,168 per month; median selected monthly owner costs are $1,549. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $46,720 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. Powhatan County's $1,168 median is 0.2% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Powhatan County
Rent Burden
12.7%
of gross income
Max Housing (28% Rule)
$2,579
per month
Owner Cost Burden
16.8%
of gross income
The median home in Powhatan County may be a stretch
Median home value is $416,000. Estimated monthly cost: $3,321 vs. your max of $2,579.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
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 Powhatan County, Virginia?
What is the median rent in Powhatan County?
Is Powhatan County affordable?
How does Powhatan County's rent compare to the state average?
What is the median home value in Powhatan County?
Counties with Similar Housing Costs
Planning a Move?
Researching the cost of living in Powhatan County, Virginia? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCompare Mortgage Rates in Powhatan County
Whether you're buying in Powhatan County, Virginia, or refinancing, compare rates from top lenders using the terms each lender provides.
See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.