Cost of Living in Waynesboro city, 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 Waynesboro city Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Waynesboro city ranks #2,407 of 3,142 counties for affordability (bottom 23%)
Sourced county brief
Waynesboro City Official GRAPI Reaches 29.1 Percent
In Waynesboro city, the official median gross rent as a percentage of household income (GRAPI) is 29.1%. This figure is 0.5 percentage points higher than the Virginia unweighted county mean of 28.6%. The median gross rent in the city was estimated at $1,020 per month, while the state unweighted county mean is $1,170. For renter households, the median income is $40,603. Owner-occupied housing statistics include a median home value of $245,500 and median monthly owner costs of $1,187. The state unweighted county means for these categories are $295,808 and $1,190, respectively. These figures are sourced from the U.S. Census Bureau ACS 2020-2024 5-year estimates and provide a specific snapshot of the city's housing landscape during the reporting period. They are presented without predictions or financial recommendations. See ACS table B25071 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: Waynesboro city
Affordability Verdict
ACS B25071 estimates median gross rent at 29.1% of renter household income in Waynesboro city, 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 $1,020 per month; median selected monthly owner costs are $1,187. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $40,800 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. Waynesboro city's $1,020 median is 12.8% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Waynesboro city
Rent Burden
20.4%
of gross income
Max Housing (28% Rule)
$1,400
per month
Owner Cost Burden
23.7%
of gross income
The median home in Waynesboro city may be a stretch
Median home value is $245,500. Estimated monthly cost: $1,960 vs. your max of $1,400.
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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