Total monthly cost of ownership
Cost to Own a Home in Clintwood, Virginia
A $131,000 home here costs
$1,160per 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 $49,500 a year.
A standard mortgage calculator would have told you $714. The real number is $446 higher every month, 62% more than the payment most buyers budget for.
Compare Dickenson County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Clintwood from a five-year rolling sample, and with about 1,478 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 Dickenson 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.
Clintwood against Dickenson County and Virginia
| Measure | Clintwood | Dickenson County |
|---|---|---|
| Median home value | $131,400 | $101,100 |
| Median property tax | $653 | $503 |
| Effective tax rate | 0.497% | 0.498% |
| Median gross rent | $719 | $733 |
| Population | 1,478 | 13,920 |
The weather behind that power bill
Clintwood sits in Dickenson County, which averages a high of 81.8°F in its hottest month and a low of 21.7°F in its coldest, with 49.17" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 592 cooling and 5,174 heating degree days, which is what sets the $182 electricity line above.
See the full climate breakdown for Dickenson County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Dickenson County
No other places of this size are published in Dickenson County.
Full Dickenson County cost breakdown · Every county in Virginia
Talk to someone who works this market
These are Clintwood 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 Clintwood every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Clintwood I already own here and may sell
Common questions
How much does it cost to own a home in Clintwood?
A $131,000 home in Clintwood, Virginia costs approximately $1,160 per month with 20% down at 7.24%. That is $714 principal and interest, $54 property tax, $32 homeowners insurance, $250 utilities and $109 set aside for maintenance.
What is the property tax rate in Clintwood?
Clintwood has an effective property tax rate of 0.497%, based on a median home value of $131,400 and median real estate taxes of $653. That is in line with the Dickenson County average of 0.498%.
What is the average home price in Clintwood?
The median owner-occupied home value in Clintwood, Virginia is $131,400, against $101,100 across Dickenson County.
Is it cheaper to rent or buy in Clintwood?
Median gross rent in Clintwood is $719 a month, against $1,160 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 Clintwood?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Clintwood, Virginia at today's rate takes a household income of roughly $49,500 a year. That covers the full $1,160 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Clintwood, 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.