Cost to Own
United StatesVirginiaHalifax CountyMountain Road Population 1,517 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Mountain Road, Virginia

A $80,000 home here costs

$790

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $411. The real number is $379 higher every month — 92% more than the payment most buyers budget for.

Mountain Road median: $80,000
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $64,000 borrowed $411
Property tax0.992% effective rate for Mountain Road itself $66
Homeowners insuranceVirginia averages $1,199/yr (NAIC), or 0.295% of home value $20
Electricity17.61¢/kWh — Virginia residential average, EIA $158
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $67
Total monthly $790

Mountain Road against Halifax County and Virginia

MeasureMountain RoadHalifax County
Median home value$80,000$148,900
Median property tax$794$729
Effective tax rate0.992%0.490%
Median gross rent$769
Population1,51733,811

The weather behind that power bill

Mountain Road sits in Halifax County, which averages a high of 90.0°F in its hottest month and a low of 26.5°F in its coldest, with 46.37" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,468 cooling and 3,813 heating degree days, which is what sets the $158 electricity line above.

See the full climate breakdown for Halifax County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Halifax County

Full Halifax County cost breakdown · Every county in Virginia

Common questions

How much does it cost to own a home in Mountain Road?

A $80,000 home in Mountain Road, Virginia costs approximately $790 per month with 20% down at 6.66%. That is $411 principal and interest, $66 property tax, $20 homeowners insurance, $226 utilities and $67 set aside for maintenance.

What is the property tax rate in Mountain Road?

Mountain Road has an effective property tax rate of 0.992%, based on a median home value of $80,000 and median real estate taxes of $794. That is higher than the Halifax County average of 0.490%.

What is the average home price in Mountain Road?

The median owner-occupied home value in Mountain Road, Virginia is $80,000, against $148,900 across Halifax County.

Is it cheaper to rent or buy in Mountain Road?

Rent data is not published for Mountain Road at this level of detail.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Mountain Road — 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.

Full methodology