housing costs · Virginia
Housing costs in Norton 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 | $692 | ± $51 | evidence → |
| 2019–2023 | $670 | ± $75 | evidence → |
| 2018–2022 | $613 | ± $160 | evidence → |
| 2017–2021 | $469 | ± $229 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $110,000 | ± $29,919 | evidence → |
| 2019–2023 | $100,700 | ± $26,625 | evidence → |
| 2018–2022 | $104,200 | ± $23,394 | evidence → |
| 2017–2021 | $96,200 | ± $18,599 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 27.1 % | ± 5.4 % | evidence → |
| 2019–2023 | 27.7 % | ± 9.2 % | evidence → |
| 2018–2022 | 27.6 % | ± 4.6 % | evidence → |
| 2017–2021 | 29.4 % | ± 5.6 % | evidence → |
In context
Median rent in Norton city is $692, 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.
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