Housing costs in Rocky Mount?
A typical home costs
$212,800, which is 37.1% less expensive than the national average of
$338,100 and 38.0% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Rocky Mount costs
$940 per month, which is 32.9% cheaper than the national average of
$1,400 and 4.3% cheaper than the state average of
$980.
Can I afford Rocky Mount?
To live comfortably in Rocky Mount (zip 24151), Virginia, a minimum annual income of
$40,680 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Rocky Mount?
The cost of living in 24151 Rocky Mount, VA is relatively affordable compared to many other parts of the country. The median home value is $140,000, which is much lower than the national average of $231,200. This makes it a great place for those looking for a more budget-friendly housing market. The median household income is around $42,000 per year and the unemployment rate sits at 3.7%, both of which are slightly higher than the national average but still quite reasonable. Additionally, goods and services tend to be moderately priced here as well. All things considered, 24151 Rocky Mount is a great option for those looking for an affordable place to live.