Housing costs in Penhook?
A typical home costs
$436,500, which is 29.1% more expensive than the national average of
$338,100 and 27.2% more expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Penhook costs
$850 per month, which is 39.3% cheaper than the national average of
$1,400 and 15.3% cheaper than the state average of
$980.
Can I afford Penhook?
To live comfortably in Penhook (zip 24137), Virginia, a minimum annual income of
$83,520 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about Penhook?
The cost of living in 24137 Penhook, VA is fairly affordable, with a median home price of $179,700 and an average rent of $854 per month. Despite being located in a rural area, prices are still competitive compared to the rest of Virginia and other nearby states. The cost of groceries, transportation, and utilities remain around the national average as well. With the relatively low cost to live in this area, it's no wonder so many people choose to call Penhook home.