Total monthly cost of ownership
Cost to Own a Home in Lawrenceville, Virginia
A $111,000 home here costs
$978per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $571. The real number is $407 higher every month — 71% 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.
Lawrenceville against Brunswick County and Virginia
| Measure | Lawrenceville | Brunswick County |
|---|---|---|
| Median home value | $110,700 | $132,700 |
| Median property tax | $733 | $718 |
| Effective tax rate | 0.662% | 0.541% |
| Median gross rent | $872 | $864 |
| Population | 1,149 | 15,868 |
The weather behind that power bill
Lawrenceville sits in Brunswick County, which averages a high of 89.8°F in its hottest month and a low of 28.7°F in its coldest, with 46.19" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 1,632 cooling and 3,517 heating degree days, which is what sets the $158 electricity line above.
See the full climate breakdown for Brunswick County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Brunswick County
No other places of this size are published in Brunswick County.
Full Brunswick County cost breakdown · Every county in Virginia
Common questions
How much does it cost to own a home in Lawrenceville?
A $111,000 home in Lawrenceville, Virginia costs approximately $978 per month with 20% down at 6.66%. That is $571 principal and interest, $61 property tax, $27 homeowners insurance, $226 utilities and $93 set aside for maintenance.
What is the property tax rate in Lawrenceville?
Lawrenceville has an effective property tax rate of 0.662%, based on a median home value of $110,700 and median real estate taxes of $733. That is higher than the Brunswick County average of 0.541%.
What is the average home price in Lawrenceville?
The median owner-occupied home value in Lawrenceville, Virginia is $110,700, against $132,700 across Brunswick County.
Is it cheaper to rent or buy in Lawrenceville?
Median gross rent in Lawrenceville is $872 a month, against $978 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 Lawrenceville — 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.