Cost of Living in Cascades, VA

Population 12,489 · Virginia · Data vintage 2023

199
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Cascades's housing market reflects its status as a high-earning metro: $617,000 for a typical home, 102% above the US median, paired with household incomes around $166,023 that put it in the upper third of the state.

Geographically, Cascades sits roughly 20 miles northwest of Arlington. Median home values run roughly 29% lower than Arlington's $865,000.

Cost Overview

Housing 202
Rent 194

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

About the Cost of Living in Cascades

The median home value in Cascades is $617,100 — 102% above the national median of $305,000. Median rent runs $2,552/month, 94% higher than the national median of $1,314/month. The median household income of $166,023/year is 123% higher than the US median of $74,580. The local unemployment rate is 4.2%, below the national average of 4.8%. Virginia's top state income tax rate is 5.8% and the combined sales tax is 5.6%. Overall, Cascades has a cost of living index of 199 versus the US average of 100, meaning it is 99% more expensive.

🏠 Housing

Median Home Value
$617,100
102% above avg
Zillow Home Value
$337,675
Zillow ZHVI
Median Rent
$2,552/mo
94% above avg
Price-to-Rent Ratio
20.2x
Favors renting
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 70.0%
Renter-occupied 30.0%

💰 Estimated Monthly Budget

Rent median rent
$2,552
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $3,166/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
31.3 min
16% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
26.6%

Commute Mode

Drove alone
63.2%
Carpooled
5.1%
Public transit
2.1%
Walked
1.6%
Bicycle
0.1%
Work from home
26.6%

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
$166,023
123% above avg
Per Capita Income
$68,265
Unemployment Rate
4.2%
14% below avg
Poverty Rate
2.9%
Labor Force Participation
74.2%

🎓 Education

Bachelor's degree+ 37.5%
Graduate degree 30.7%

👥 Demographics

Median Age 38.7
Male median age 34.9
Female median age 42.6

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 39 — Good
84.1%
Good air days/yr
167
Max AQI recorded
41
PM2.5 days
303
Ozone days

Frequently Asked Questions

What is the cost of living in Cascades, VA?

Cascades has a cost index of 199 (100 = national average). It is 99% above the national average.

What is average rent in Cascades, VA?

The median gross rent in Cascades is $2,552 per month based on 2023 Census data.

What is the average home price in Cascades?

The median home value in Cascades is $617,100 according to Zillow and Census data.

What is the median income in Cascades?

The median household income in Cascades is $166,023 per year (2023 ACS 5-year estimates).

What is the sales tax in Cascades, VA?

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

Is Cascades, VA affordable?

Cascades is above average in cost of living, with an index of 199 — about 99% higher than the national average.

Cascades at a Glance

Population
12,489
Median Income
$166,023
Home Value
$617,100
Median Rent
$2,552/mo
Unemployment
4.2%
Sales Tax
5.6%
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🗺️ County data for Virginia

Explore county-level cost of living data

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