Cost of Living in Wythe County, Virginia

$718/mo
Median Monthly Rent
$172,100
Median Home Value

At a Glance

Median Monthly Rent
$718/mo
37% below state average
Median Home Value
$172,100
39% below national
Rent-to-Income Ratio
27.0%
% 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 Wythe County Compares

Median monthly rent comparison

Wythe County$718/mo
Virginia Average$1,140/mo
National Median$1,163/mo

Detailed Housing Stats

$718/mo
Median Gross Rent
$172,100
Median Home Value
$598/mo
Monthly Owner Cost
27.0%
Rent-to-Income Ratio

National Ranking

Affordability Rank

Wythe County ranks #815 of 3,144 counties for affordability (top 26%)

Most AffordableLeast Affordable

Data Story

About Cost of Living in Wythe County, Virginia

Wythe County achieves genuine affordability balance

Wythe County's 15.6% rent-to-income ratio stands out as the lowest among these five markets and below Virginia's 18.6% state average, proving that lower-income communities can still offer sustainable housing costs. Median rent of just $718 monthly keeps housing affordable even for the county's $55,359 median household income, a sharp contrast to coastal Virginia markets.

Wythe County leads Virginia in housing affordability

Wythe County's 15.6% rent-to-income ratio is the state's best among these analyzed markets, outperforming Virginia's 18.6% average through a winning formula of modestly lower wages paired with substantially lower rents. At $718 monthly, median rent is just 63% of Virginia's statewide average, making this southwestern county the clear affordability winner.

Wythe edges out Wise in affordability advantage

Wythe County's $718 median rent undercuts Wise County's $770 by $52 monthly, delivering the lowest rent among all five markets analyzed and a superior 15.6% rent-to-income ratio versus Wise's 18.2%. Both southwestern counties offer genuine affordability, but Wythe achieves it with the smallest housing-cost burden on household budgets.

Wythe: affordability through modest costs

Wythe County residents allocate just 15.6% of their $55,359 median household income to median rent of $718—the lowest burden among all five counties and below the sustainable 30% threshold. Homeowners commit $598 monthly (13% of income) on median-valued properties of $172,100, leaving 86% of income for other necessities and discretionary spending.

Wythe County: Virginia's hidden affordability gem

Wythe County offers the most sustainable housing-to-income ratio in this analysis, making it ideal for retirees, remote workers, and families prioritizing affordability over urban amenities. If you're relocating and housing costs drive your decision, Wythe County's $718 median rent and 15.6% burden make it Virginia's clearest win for budget-conscious movers.

Cost of Living Advisory: Wythe County

Affordability Verdict

Housing in Wythe County is affordable. The median rent is $718/month against a median household income of $55,359, putting rent at 15.6% of income.

Rent vs. Own

At $718/month rent versus $598/month in owner costs, owning is roughly $120/month cheaper — a 17% difference.

Income Needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $28,720/year. For owner costs at the 28% rule, the required income is roughly $25,629/year. With a median household income of $55,359, most households can comfortably afford rent here. Notably, 27.0% of renter households in Wythe County are cost-burdened, spending more than 30% of income on housing.

Regional Context

Compared to Halifax County where rent averages $769/month, Wythe County is approximately 7% less expensive.

Affordability Calculator

See how your income compares to housing costs in Wythe County

$

Rent Burden

15.6%

of gross income

Max Housing (28% Rule)

$1,292

per month

Owner Cost Burden

13.0%

of gross income

The median home in Wythe County may be a stretch

Median home value is $172,100. Estimated monthly cost: $1,374 vs. your max of $1,292.

Rent Affordability Guide

Your rent-to-income ratio15.6%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $55,359Needed: $28,720
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $55,359Needed: $25,629
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $55,359Needed: $40,052

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 Wythe County, Virginia?
Wythe County, Virginia has a median monthly rent of $718/mo and a median home value of $172,100. The affordability rating is Unaffordable, with rent making up approximately 27.0% of median household income.
What is the median rent in Wythe County?
The median gross rent in Wythe County is $718/mo. This is 37% below state average for Virginia.
Is Wythe County affordable?
Wythe County is rated Unaffordable based on rent-to-income ratio of 27.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Wythe County's rent compare to the state average?
Wythe County's median rent of $718/mo is 37% below state average of $1,140/mo for Virginia.
What is the median home value in Wythe County?
The median home value in Wythe County, Virginia is $172,100. This is 39% below the national median home value of $281,900.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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