Cost of Living in Hollymead, VA
Population 8,566 · Virginia · Data vintage 2023
(100 = US avg)
Hollymead sits on the smaller end of the Virginia city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. An unemployment rate of 2.9% points to a labor market well on the tight side of the national distribution.
Hollymead is about 65 miles northwest of Richmond, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 26% higher than Richmond's $328,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Hollymead
The median home value in Hollymead is $413,700 — 36% above the national median of $305,000. Median rent runs $1,995/month, 52% higher than the national median of $1,314/month. The median household income of $121,795/year is 63% higher than the US median of $74,580. The local unemployment rate is 2.9%, 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%. The climate averages highs of 69.2°F and lows of 48.1°F. Overall, Hollymead has a cost of living index of 142 versus the US average of 100, meaning it is 42% more expensive.
Hollymead has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 47 | 51 | 60 | 70 | 78 | 86 | 90 | 87 | 81 | 71 | 60 | 51 |
| Low °F | 30 | 31 | 38 | 47 | 56 | 64 | 68 | 67 | 60 | 48 | 39 | 32 |
| Precip" | 2.96 | 2.35 | 3.54 | 3.17 | 4.17 | 4.38 | 3.37 | 3.87 | 4.09 | 3.31 | 3.36 | 3.04 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Hollymead, VA?
Hollymead has a cost index of 142 (100 = national average). It is 42% above the national average.
What is average rent in Hollymead, VA?
The median gross rent in Hollymead is $1,995 per month based on 2023 Census data.
What is the average home price in Hollymead?
The median home value in Hollymead is $413,700 according to 2023 Census ACS data.
What is the median income in Hollymead?
The median household income in Hollymead is $121,795 per year (2023 ACS 5-year estimates).
What is the sales tax in Hollymead, VA?
The combined state and local sales tax rate in Hollymead is 5.6%. The Virginia state income tax top rate is 5.8%.
Is Hollymead, VA affordable?
Hollymead is above average in cost of living, with an index of 142 — about 42% higher than the national average.
What is the weather like in Hollymead?
Hollymead has average high temperatures of 69.2°F and average lows of 48.1°F. Annual precipitation is 41.6". Data from NOAA 1991–2020 Climate Normals.
Hollymead at a Glance
- Population
- 8,566
- Median Income
- $121,795
- Home Value
- $413,700
- Median Rent
- $1,995/mo
- Unemployment
- 2.9%
- Avg High Temp
- 69.2°F
- Sales Tax
- 5.6%
Nearby Cities
Explore county-level cost of living data
Virginia Rankings
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