Cost of Living in New Baltimore, VA

Population 11,595 · Virginia · Data vintage 2023

212
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Home prices in New Baltimore run well above the national baseline, with a median of $647,000, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $183,696 place the city among the better-paid Virginia metros. An unemployment rate of 1.7% points to a labor market well on the tight side of the national distribution.

Located 35 miles west of Arlington, New Baltimore falls within that metro's commuting orbit. Median home values run roughly 25% lower than Arlington's $865,000.

Cost Overview

Housing 212

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

About the Cost of Living in New Baltimore

The median home value in New Baltimore is $646,500 — 112% above the national median of $305,000. The median household income of $183,696/year is 146% higher than the US median of $74,580. The local unemployment rate is 1.7%, 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 66.0°F and lows of 45.3°F, with about 21" of annual snowfall. Overall, New Baltimore has a cost of living index of 212 versus the US average of 100, meaning it is 112% more expensive.

🏠 Housing

Median Home Value
$646,500
112% above avg
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 93.0%
Renter-occupied 7.0%

🛒 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
41.7 min
54% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
23.3%

Commute Mode

Drove alone
69.8%
Carpooled
3.3%
Public transit
2.2%
Work from home
23.3%

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
$183,696
146% above avg
Per Capita Income
$65,344
Unemployment Rate
1.7%
65% below avg
Poverty Rate
1.6%
Labor Force Participation
70.3%

🎓 Education

Bachelor's degree+ 37.8%
Graduate degree 24.0%

👥 Demographics

Median Age 38.8
Male median age 37.4
Female median age 41.8

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
66.0°F
Avg Low
45.3°F
Annual Precip
43.2"
Annual Snowfall
21"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 434655677583888679685747
Low °F 252734435362676558453629
Precip" 2.942.613.503.474.724.304.153.533.943.653.133.30
Snow" 6.97.03.90.10.00.00.00.00.00.00.32.8

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 39 — Good
92.1%
Good air days/yr
115
Max AQI recorded
0
PM2.5 days
242
Ozone days

Frequently Asked Questions

What is the cost of living in New Baltimore, VA?

New Baltimore has a cost index of 212 (100 = national average). It is 112% above the national average.

What is the average home price in New Baltimore?

The median home value in New Baltimore is $646,500 according to 2023 Census ACS data.

What is the median income in New Baltimore?

The median household income in New Baltimore is $183,696 per year (2023 ACS 5-year estimates).

What is the sales tax in New Baltimore, VA?

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

Is New Baltimore, VA affordable?

New Baltimore is above average in cost of living, with an index of 212 — about 112% higher than the national average.

What is the weather like in New Baltimore?

New Baltimore has average high temperatures of 66.0°F and average lows of 45.3°F. Annual precipitation is 43.2". Average annual snowfall is 21". Data from NOAA 1991–2020 Climate Normals.

New Baltimore at a Glance

Population
11,595
Median Income
$183,696
Home Value
$646,500
Unemployment
1.7%
Avg High Temp
66.0°F
Sales Tax
5.6%
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