Housing costs in West Point?
A typical home costs
$295,300, which is 12.7% less expensive than the national average of
$338,100 and 14.0% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in West Point costs
$1,140 per month, which is 20.3% cheaper than the national average of
$1,430 and 22.8% cheaper than the state average of
$1,400.
Can I afford West Point?
To live comfortably in West Point, Virginia, a minimum annual income of
$56,520 for a family, and
$40,400 for a single person is recommended.
What does A.I. say about West Point?
West Point, VA is known for its relatively low cost of living. According to the US Census Bureau, the median household income in West Point is $47,814 – lower than both the Virginia state average and the US national average. The cost of housing in West Point is also considerably lower than in other parts of Virginia and the US at large. The median home value in West Point is just over $187,000, compared to over $285,000 for Virginia as a whole. Furthermore, other costs such as groceries, healthcare services and transportation are much more affordable here than in many other parts of the country. All this makes West Point an ideal place for people looking for an affordable lifestyle without sacrificing quality of life.