Total monthly cost of ownership
Cost to Own a Home in Goose Creek Village, Virginia
A $588,000 home here costs
$4,502per 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 $193,000 a year.
A standard mortgage calculator would have told you $3,206. The real number is $1,297 higher every month, 40% more than the payment most buyers budget for.
Compare Loudoun County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Goose Creek Village from a five-year rolling sample, and with about 2,519 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 Loudoun 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.
Goose Creek Village against Loudoun County and Virginia
| Measure | Goose Creek Village | Loudoun County |
|---|---|---|
| Median home value | $588,100 | $701,000 |
| Median property tax | $4,945 | $6,186 |
| Effective tax rate | 0.841% | 0.882% |
| Median gross rent | $2,883 | $2,317 |
| Population | 2,519 | 427,082 |
The weather behind that power bill
Goose Creek Village sits in Loudoun County, which averages a high of 86.4°F in its hottest month and a low of 24.5°F in its coldest, with 43.78" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,050 cooling and 4,943 heating degree days, which is what sets the $182 electricity line above.
See the full climate breakdown for Loudoun County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Loudoun County
Full Loudoun County cost breakdown · Every county in Virginia
Talk to someone who works this market
These are Goose Creek Village 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 Goose Creek Village every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Goose Creek Village I already own here and may sell
Common questions
How much does it cost to own a home in Goose Creek Village?
A $588,000 home in Goose Creek Village, Virginia costs approximately $4,502 per month with 20% down at 7.24%. That is $3,206 principal and interest, $412 property tax, $145 homeowners insurance, $250 utilities and $490 set aside for maintenance.
What is the property tax rate in Goose Creek Village?
Goose Creek Village has an effective property tax rate of 0.841%, based on a median home value of $588,100 and median real estate taxes of $4,945. That is lower than the Loudoun County average of 0.882%.
What is the average home price in Goose Creek Village?
The median owner-occupied home value in Goose Creek Village, Virginia is $588,100, against $701,000 across Loudoun County.
Is it cheaper to rent or buy in Goose Creek Village?
Median gross rent in Goose Creek Village is $2,883 a month, against $4,502 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 Goose Creek Village?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Goose Creek Village, Virginia at today's rate takes a household income of roughly $193,000 a year. That covers the full $4,502 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Goose Creek Village, 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.