Housing costs in Midlothian?
A typical home costs
$480,300, which is 42.1% more expensive than the national average of
$338,100 and 39.9% more expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Midlothian costs
$1,590 per month, which is 13.6% more than the national average of
$1,400 and 16.4% more than the state average of
$1,330.
Can I afford Midlothian?
To live comfortably in Midlothian (zip 23113), Virginia, a minimum annual income of
$92,160 for a family, and
$56,400 for a single person is recommended.
What does A.I. say about Midlothian?
The cost of living in 23113 Midlothian, VA is quite high compared to the state and national averages. The median list price for homes in this area is $374,900, which is significantly higher than the Virginia median home value of $276,800. The median resident annual income in this zip code is $86,819, which is much higher than the national average of $61,937. Although costs such as housing and other expenses are more expensive in this area than most places in the country, they are offset somewhat by a lower tax rate and an overall lower cost of living than many surrounding areas.