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These days, finding an affordable place to live in the McDonalds Mill area can be challenging. Home prices in McDonalds Mill are now at a median cost of $364,054, lower than the Virginia average of $443,089.
The average cost of rent is $1,342/mo in McDonalds Mill, primarily driven by the current value of real estate in the McDonalds Mill area. In McDonalds Mill, 5.90% of households rent, and 46.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in McDonalds Mill is $9,660 per month. Households that rent pay about 13.89% of their income on rent here. McDonalds Mill’s most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
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Cities with Similar Populations
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