Cost to Own
United StatesVirginiaFairfax CountyUnion Mill Population 4,351 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Union Mill, Virginia

A $942,000 home here costs

$6,919

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

A standard mortgage calculator would have told you $4,843. The real number is $2,076 higher every month — 43% more than the payment most buyers budget for.

Union Mill median: $942,400
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, $753,600 borrowed $4,843
Property tax1.061% effective rate for Union Mill itself $833
Homeowners insuranceVirginia averages $1,199/yr (NAIC), or 0.295% of home value $232
Electricity17.61¢/kWh — Virginia residential average, EIA $158
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $785
Total monthly $6,919

Union Mill against Fairfax County and Virginia

MeasureUnion MillFairfax County
Median home value$942,400$699,700
Median property tax$10,001$7,072
Effective tax rate1.061%1.011%
Median gross rent$2,581$2,230
Population4,3511,144,474

The weather behind that power bill

Union Mill sits in Fairfax County, which averages a high of 83.8°F in its hottest month and a low of 23.4°F in its coldest, with 43.57" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 964 cooling and 4,931 heating degree days, which is what sets the $158 electricity line above.

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

Other cities in Fairfax County

Full Fairfax County cost breakdown · Every county in Virginia

Common questions

How much does it cost to own a home in Union Mill?

A $942,000 home in Union Mill, Virginia costs approximately $6,919 per month with 20% down at 6.66%. That is $4,843 principal and interest, $833 property tax, $232 homeowners insurance, $226 utilities and $785 set aside for maintenance.

What is the property tax rate in Union Mill?

Union Mill has an effective property tax rate of 1.061%, based on a median home value of $942,400 and median real estate taxes of $10,001. That is higher than the Fairfax County average of 1.011%.

What is the average home price in Union Mill?

The median owner-occupied home value in Union Mill, Virginia is $942,400, against $699,700 across Fairfax County.

Is it cheaper to rent or buy in Union Mill?

Median gross rent in Union Mill is $2,581 a month, against $6,919 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 Union Mill — 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