Cost of Living in Short Pump, VA

Population 28,177 · Virginia · Data vintage 2023

162
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

The Short Pump cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $543,000, rents near $1,804 a month. An unemployment rate of 1.6% points to a labor market well on the tight side of the national distribution.

Short Pump sits roughly 12 miles northwest of Richmond — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 65% higher than Richmond's $328,000.

Cost Overview

Housing 178
Rent 137

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

About the Cost of Living in Short Pump

The median home value in Short Pump is $543,000 — 78% above the national median of $305,000. Median rent runs $1,804/month, 37% higher than the national median of $1,314/month. The median household income of $132,194/year is 77% higher than the US median of $74,580. The local unemployment rate is 1.6%, 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 68.8°F and lows of 47.1°F. Overall, Short Pump has a cost of living index of 162 versus the US average of 100, meaning it is 62% more expensive.

🏠 Housing

Median Home Value
$543,000
78% above avg
Median Rent
$1,804/mo
37% above avg
Price-to-Rent Ratio
25.1x
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 56.4%
Renter-occupied 43.6%

💰 Estimated Monthly Budget

Rent median rent
$1,804
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,418/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
23.0 min
15% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
24.8%

Commute Mode

Drove alone
66.8%
Carpooled
6.3%
Public transit
0.1%
Walked
0.9%
Bicycle
0.3%
Work from home
24.8%

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
$132,194
77% above avg
Per Capita Income
$67,914
Unemployment Rate
1.6%
66% below avg
Poverty Rate
4.4%
Labor Force Participation
71.0%

🎓 Education

Bachelor's degree+ 37.6%
Graduate degree 36.3%

👥 Demographics

Median Age 38.5
Male median age 37.1
Female median age 40.4

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
68.8°F
Avg Low
47.1°F
Annual Precip
45.8"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 475159707785898781706051
Low °F 283036455563686659483831
Precip" 3.482.873.893.434.334.143.984.934.043.653.393.68

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 46 — Good
60.5%
Good air days/yr
159
Max AQI recorded
220
PM2.5 days
141
Ozone days

Frequently Asked Questions

What is the cost of living in Short Pump, VA?

Short Pump has a cost index of 162 (100 = national average). It is 62% above the national average.

What is average rent in Short Pump, VA?

The median gross rent in Short Pump is $1,804 per month based on 2023 Census data.

What is the average home price in Short Pump?

The median home value in Short Pump is $543,000 according to 2023 Census ACS data.

What is the median income in Short Pump?

The median household income in Short Pump is $132,194 per year (2023 ACS 5-year estimates).

What is the sales tax in Short Pump, VA?

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

Is Short Pump, VA affordable?

Short Pump is above average in cost of living, with an index of 162 — about 62% higher than the national average.

What is the weather like in Short Pump?

Short Pump has average high temperatures of 68.8°F and average lows of 47.1°F. Annual precipitation is 45.8". Data from NOAA 1991–2020 Climate Normals.

Short Pump at a Glance

Population
28,177
Median Income
$132,194
Home Value
$543,000
Median Rent
$1,804/mo
Unemployment
1.6%
Avg High Temp
68.8°F
Sales Tax
5.6%
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🗺️ County data for Virginia

Explore county-level cost of living data

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