Total monthly cost of ownership
Cost to Own a Home in Ettrick, Virginia
A $184,000 home here costs
$1,487per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $946. The real number is $541 higher every month — 57% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Ettrick against Chesterfield County and Virginia
| Measure | Ettrick | Chesterfield County |
|---|---|---|
| Median home value | $184,400 | $336,700 |
| Median property tax | $1,392 | $2,636 |
| Effective tax rate | 0.755% | 0.783% |
| Median gross rent | $1,223 | $1,542 |
| Population | 5,760 | 371,610 |
The weather behind that power bill
Ettrick sits in Chesterfield County, which averages a high of 89.5°F in its hottest month and a low of 28.8°F in its coldest, with 45.5" of precipitation a year and 31% of it in a single three-month stretch. That climate drives 1,561 cooling and 3,736 heating degree days, which is what sets the $158 electricity line above.
See the full climate breakdown for Chesterfield County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Chesterfield County
Full Chesterfield County cost breakdown · Every county in Virginia
Common questions
How much does it cost to own a home in Ettrick?
A $184,000 home in Ettrick, Virginia costs approximately $1,487 per month with 20% down at 6.66%. That is $946 principal and interest, $116 property tax, $45 homeowners insurance, $226 utilities and $153 set aside for maintenance.
What is the property tax rate in Ettrick?
Ettrick has an effective property tax rate of 0.755%, based on a median home value of $184,400 and median real estate taxes of $1,392. That is lower than the Chesterfield County average of 0.783%.
What is the average home price in Ettrick?
The median owner-occupied home value in Ettrick, Virginia is $184,400, against $336,700 across Chesterfield County.
Is it cheaper to rent or buy in Ettrick?
Median gross rent in Ettrick is $1,223 a month, against $1,487 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Ettrick — 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.