Cost of Living in Rockingham 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 Rockingham County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Rockingham County ranks #2,393 of 3,142 counties for affordability (bottom 24%)
Sourced county brief
Rockingham County Median Home Value Exceeds 310,000 Dollars
The median home value in Rockingham County is $313,000. This estimate is $17,192 higher than the Virginia unweighted county mean of $295,808. Median selected monthly owner costs for all owner-occupied units were $1,026, which is $164 below the state unweighted county mean of $1,190. In the rental market, the median gross rent was estimated at $1,160 per month, which is $10 lower than the state unweighted county mean of $1,170. The official ACS B25071 Gross Rent as a Percentage of Household Income (GRAPI) in the county is 27.5%, which is 1.1 percentage points lower than the state unweighted county mean of 28.6%. The median income for renter households was $51,317. These data points are provided by the U.S. Census Bureau American Community Survey 5-Year Estimates for 2020-2024. 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: Rockingham County
Affordability Verdict
ACS B25071 estimates median gross rent at 27.5% of renter household income in Rockingham 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 $1,160 per month; median selected monthly owner costs are $1,026. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $46,400 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. Rockingham County's $1,160 median is 0.8% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Rockingham County
Rent Burden
17.3%
of gross income
Max Housing (28% Rule)
$1,883
per month
Owner Cost Burden
15.3%
of gross income
The median home in Rockingham County may be a stretch
Median home value is $313,000. Estimated monthly cost: $2,499 vs. your max of $1,883.
Rent Affordability Guide
Income Needed Calculator
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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
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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.
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