Cost of Living in Carrollton, VA

Population 7,903 · Virginia · Data vintage 2023

130
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Carrollton a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $382,000. Unemployment has stayed elevated relative to the national figure — 9.7% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Carrollton sits roughly 9 miles south of Newport News. Median home values run roughly 57% higher than Newport News' $243,000.

Cost Overview

Housing 125
Rent 136

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Carrollton

The median home value in Carrollton is $381,900 — 25% above the national median of $305,000. Median rent runs $1,793/month, 36% higher than the national median of $1,314/month. The median household income of $113,813/year is 53% higher than the US median of $74,580. The local unemployment rate is 9.7%, above the national average of 4.8%. Virginia's top state income tax rate is 5.8% and the combined sales tax is 5.6%. The climate averages highs of 69.7°F and lows of 53.1°F, with about 3" of annual snowfall. Overall, Carrollton has a cost of living index of 130 versus the US average of 100, meaning it is 30% more expensive.

🏠 Housing

Median Home Value
$381,900
25% above avg
Zillow Home Value
$409,041
Zillow ZHVI
Median Rent
$1,793/mo
36% above avg
Price-to-Rent Ratio
17.7x
Favors buying
Property Tax Rate
0.8%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$970
1 BR
$989
2 BR
$1,200
3 BR
$1,645
4 BR
$1,885
Owner-occupied 70.1%
Renter-occupied 29.9%

💰 Estimated Monthly Budget

Rent median rent
$1,793
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,407/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
27.8 min
3% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
11.7%

Commute Mode

Drove alone
81.1%
Carpooled
7.0%
Work from home
11.7%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 5.8%
Total Sales Tax 5.6%
State rate 4.3%
Avg local rate 1.3%
Property Tax 0.8%

💼 Income & Employment

Median Household Income
$113,813
53% above avg
Per Capita Income
$53,288
Unemployment Rate
9.7%
101% above avg
Poverty Rate
4.1%
Labor Force Participation
74.4%

🎓 Education

Bachelor's degree+ 22.8%
Graduate degree 19.5%

👥 Demographics

Median Age 38.5
Male median age 37.7
Female median age 40.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
69.7°F
Avg Low
53.1°F
Annual Precip
45.7"
Annual Snowfall
3"
30° 45° 60° 75° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 505359707784898681726154
Low °F 343541506068737267564538
Precip" 2.932.553.473.283.554.645.215.305.143.583.142.89
Snow" 2.30.70.00.00.00.00.00.00.00.00.00.0

Frequently Asked Questions

What is the cost of living in Carrollton, VA?

Carrollton has a cost index of 130 (100 = national average). It is 30% above the national average.

What is average rent in Carrollton, VA?

The median gross rent in Carrollton is $1,793 per month based on 2023 Census data.

What is the average home price in Carrollton?

The median home value in Carrollton is $381,900 according to Zillow and Census data.

What is the median income in Carrollton?

The median household income in Carrollton is $113,813 per year (2023 ACS 5-year estimates).

What is the sales tax in Carrollton, VA?

The combined state and local sales tax rate in Carrollton is 5.6%. The Virginia state income tax top rate is 5.8%.

Is Carrollton, VA affordable?

Carrollton is above average in cost of living, with an index of 130 — about 30% higher than the national average.

What is the weather like in Carrollton?

Carrollton has average high temperatures of 69.7°F and average lows of 53.1°F. Annual precipitation is 45.7". Average annual snowfall is 3". Data from NOAA 1991–2020 Climate Normals.

Carrollton at a Glance

Population
7,903
Median Income
$113,813
Home Value
$381,900
Median Rent
$1,793/mo
Unemployment
9.7%
Avg High Temp
69.7°F
Sales Tax
5.6%
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