Total monthly cost of ownership
Cost to Own a Home in Pembroke, Virginia
A $132,000 home here costs
$1,130per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $679. The real number is $452 higher every month — 67% 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.
Pembroke against Giles County and Virginia
| Measure | Pembroke | Giles County |
|---|---|---|
| Median home value | $132,000 | $143,500 |
| Median property tax | $994 | $907 |
| Effective tax rate | 0.753% | 0.632% |
| Median gross rent | $814 | $780 |
| Population | 1,130 | 16,610 |
The weather behind that power bill
Pembroke sits in Giles County, which averages a high of 82.8°F in its hottest month and a low of 22.9°F in its coldest, with 42.17" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 632 cooling and 5,119 heating degree days, which is what sets the $158 electricity line above.
See the full climate breakdown for Giles County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Giles County
Common questions
How much does it cost to own a home in Pembroke?
A $132,000 home in Pembroke, Virginia costs approximately $1,130 per month with 20% down at 6.66%. That is $679 principal and interest, $83 property tax, $32 homeowners insurance, $226 utilities and $110 set aside for maintenance.
What is the property tax rate in Pembroke?
Pembroke has an effective property tax rate of 0.753%, based on a median home value of $132,000 and median real estate taxes of $994. That is higher than the Giles County average of 0.632%.
What is the average home price in Pembroke?
The median owner-occupied home value in Pembroke, Virginia is $132,000, against $143,500 across Giles County.
Is it cheaper to rent or buy in Pembroke?
Median gross rent in Pembroke is $814 a month, against $1,130 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 Pembroke — 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.