Housing costs in Pounding Mill?
A typical home costs
$168,700, which is 50.1% less expensive than the national average of
$338,100 and 50.8% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Pounding Mill costs
$920 per month, which is 34.3% cheaper than the national average of
$1,400 and 17.4% more than the state average of
$760.
Can I afford Pounding Mill?
To live comfortably in Pounding Mill (zip 24637), Virginia, a minimum annual income of
$32,400 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Pounding Mill?
24637 Pounding Mill, VA is a reasonably priced area to live in. The cost of living is not as expensive as in larger cities, making it a great option for those looking to save money while still enjoying the benefits of living in Virginia. Property taxes are relatively low and the median home value in the area is just over $100,000 so there are plenty of affordable housing options available. Groceries, transportation costs, and other necessities are also reasonable in this small town. With all these factors combined, 24637 Pounding Mill provides an affordable cost of living that makes it an ideal place for those looking to be close to but not necessarily live in larger cities.