housing costs · Virginia
Housing costs in Galax city
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $743 | ± $65 | evidence → |
| 2019–2023 | $692 | ± $63 | evidence → |
| 2018–2022 | $660 | ± $107 | evidence → |
| 2017–2021 | $569 | ± $86 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $141,300 | ± $23,066 | evidence → |
| 2019–2023 | $126,800 | ± $14,931 | evidence → |
| 2018–2022 | $109,300 | ± $13,417 | evidence → |
| 2017–2021 | $100,000 | ± $15,075 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 30.5 % | ± 9.9 % | evidence → |
| 2019–2023 | 23.8 % | ± 11.5 % | evidence → |
| 2018–2022 | 25.3 % | ± 11.0 % | evidence → |
| 2017–2021 | 25.7 % | ± 8.3 % | evidence → |
In context
Median rent in Galax city is $743, below the Virginia median of $1,059 across 133 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.