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Affordable
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These days, finding an affordable place to live in the Thaxton area can be challenging. Home prices in Thaxton are now at a median cost of $213,475, lower than the Virginia average of $443,089.
The average cost of rent is $862/mo in Thaxton, primarily driven by the current value of real estate in the Thaxton area. In Thaxton, 12.62% of households rent, and 41.13% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Thaxton is $5,539 per month. Households that rent pay about 15.57% of their income on rent here. Thaxton’s most expensive areas are in the northeastern 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
- Union, VA: higher priced homes
- Montvale, VA: higher priced homes
- Reba, VA: equally priced homes
- Blue Ridge, VA: higher priced homes
- Bedford, VA: equally priced homes
- Nace, VA: higher priced homes
- Goodview, VA: higher priced homes
- Otterville, VA: higher priced homes
- Laymantown, VA: higher priced homes
- Pico, VA: higher priced homes
Cities with Similar Populations
- Piperton, TN: higher priced homes
- Shell Knob, MO: higher priced homes
- Sac City, IA: less expensive homes
- Rockwood, PA: less expensive homes
- Rockbridge, OH: higher priced homes
- Red Creek, NY: less expensive homes
- Queen City, TX: less expensive homes
- Puxico, MO: less expensive homes
- Platte, SD: equally priced homes
- Shellsburg, IA: higher priced homes
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