Housing costs in Boones Mill?
A typical home costs
$267,100, which is 21.0% less expensive than the national average of
$338,100 and 22.2% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Boones Mill costs
$870 per month, which is 37.9% cheaper than the national average of
$1,400 and 12.6% cheaper than the state average of
$980.
Can I afford Boones Mill?
To live comfortably in Boones Mill (zip 24065), Virginia, a minimum annual income of
$51,120 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Boones Mill?
Boones Mill, VA is an affordable place to live, with a cost of living slightly lower than the national average. The average rent for a one-bedroom apartment can range from $500-$900 per month, while the median home value is just over $130,000. Food, utilities and transportation costs are all below the national average, making this area both economical and attractive to potential residents. Additionally, median income in Boones Mill is slightly higher than the national average, providing extra financial support for those living in this rural community.