Total monthly cost of ownership
Cost to Own a Home in Appomattox, Virginia
A $125,000 home here costs
$1,130per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $48,500 a year.
A standard mortgage calculator would have told you $681. The real number is $448 higher every month, 66% more than the payment most buyers budget for.
Compare Appomattox County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Appomattox from a five-year rolling sample, and with about 2,085 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Appomattox County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Appomattox against Appomattox County and Virginia
| Measure | Appomattox | Appomattox County |
|---|---|---|
| Median home value | $124,700 | $189,200 |
| Median property tax | $758 | $1,006 |
| Effective tax rate | 0.608% | 0.532% |
| Median gross rent | $893 | $883 |
| Population | 2,085 | 16,424 |
The weather behind that power bill
Appomattox sits in Appomattox County, which averages a high of 86.1°F in its hottest month and a low of 26.8°F in its coldest, with 46.2" of precipitation a year and 27% of it in a single three-month stretch. That climate drives 1,165 cooling and 4,279 heating degree days, which is what sets the $182 electricity line above.
See the full climate breakdown for Appomattox County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Appomattox County
No other places of this size are published in Appomattox County.
Full Appomattox County cost breakdown · Every county in Virginia
Talk to someone who works this market
These are Appomattox averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Appomattox every week. Free, no obligation, and we never sell your details to a list.
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Common questions
How much does it cost to own a home in Appomattox?
A $125,000 home in Appomattox, Virginia costs approximately $1,130 per month with 20% down at 7.24%. That is $681 principal and interest, $63 property tax, $31 homeowners insurance, $250 utilities and $104 set aside for maintenance.
What is the property tax rate in Appomattox?
Appomattox has an effective property tax rate of 0.608%, based on a median home value of $124,700 and median real estate taxes of $758. That is higher than the Appomattox County average of 0.532%.
What is the average home price in Appomattox?
The median owner-occupied home value in Appomattox, Virginia is $124,700, against $189,200 across Appomattox County.
Is it cheaper to rent or buy in Appomattox?
Median gross rent in Appomattox is $893 a month, against $1,130 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Appomattox?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Appomattox, Virginia at today's rate takes a household income of roughly $48,500 a year. That covers the full $1,130 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Appomattox, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Virginia.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.