Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in Boones Mill town, Virginia?
City · Census ACS 5-Year estimates
The median gross rent in Boones Mill town, Virginia is $925/month (±$202), based on Census ACS 5-Year estimates (2024). The median home value is $208,300 (±$47,234), and the median household income is $75,972/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Boones Mill town, Virginia
| Metric | Value |
|---|---|
| Median Gross Rent | $925 |
| Median Home Value | $208,300 |
| Median Household Income | $75,972 |
| Total Housing Units | 109 |
| Renter-Occupied Units | 21 |
| Renter-Occupied Share | 19% |
| Households Paying 50%+ Income | 7 households |
How does Boones Mill town, Virginia compare?
Median gross rent ranked against all cities in Virginia.
Higher rent than 30% of cities in Virginia · 328th of 470
| # | City | Value |
|---|---|---|
| 1 | Great Falls CDP | $3,501 |
| 1 | South Run CDP | $3,501 |
| 1 | Wakefield CDP | $3,501 |
| … 324 more … | ||
| 328 | Boones Mill town(you are here) | $925 |
| … 139 more … | ||
| 468 | St. Paul town | $460 |
| 469 | Fries town | $333 |
| 470 | Lovingston CDP | $232 |
More data for Boones Mill town, Virginia
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Frequently asked questions
What is the average rent in Boones Mill town, Virginia?
The median gross rent in Boones Mill town, Virginia is $925/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in Boones Mill town, Virginia?
The median rent for a 2-bedroom in Boones Mill town, Virginia is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in Boones Mill town, Virginia?
The median home value in Boones Mill town, Virginia is $208,300 according to Census ACS 5-Year estimates (2024).
What percentage of renters in Boones Mill town are rent-burdened?
In Boones Mill town, Virginia, 7 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Boones Mill town, Virginia?
The median household income in Boones Mill town, Virginia is $75,972/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $925 has a margin of error of ±$202. In very small areas, MOEs can be large relative to the estimate.
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