Cost to Own
United StatesVirginiaCarroll CountyWoodlawn CDP (Carroll County) Population 2,461 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Woodlawn CDP (Carroll County), Virginia

A $145,000 home here costs

$1,192

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

A standard mortgage calculator would have told you $745. The real number is $446 higher every month — 60% more than the payment most buyers budget for.

Woodlawn CDP (Carroll County) median: $144,700
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, $116,000 borrowed $745
Property tax0.524% effective rate for Woodlawn CDP (Carroll County) itself $63
Homeowners insuranceVirginia averages $1,199/yr (NAIC), or 0.295% of home value $36
Electricity17.61¢/kWh — Virginia residential average, EIA $158
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $121
Total monthly $1,192

Woodlawn CDP (Carroll County) against Carroll County and Virginia

MeasureWoodlawn CDP (Carroll County)Carroll County
Median home value$144,700$144,200
Median property tax$758$861
Effective tax rate0.524%0.597%
Median gross rent$571$687
Population2,46129,158

The weather behind that power bill

Woodlawn CDP (Carroll County) sits in Carroll County, which averages a high of 82.2°F in its hottest month and a low of 23.3°F in its coldest, with 45.58" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 581 cooling and 5,111 heating degree days, which is what sets the $158 electricity line above.

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

Other cities in Carroll County

Full Carroll County cost breakdown · Every county in Virginia

Common questions

How much does it cost to own a home in Woodlawn CDP (Carroll County)?

A $145,000 home in Woodlawn CDP (Carroll County), Virginia costs approximately $1,192 per month with 20% down at 6.66%. That is $745 principal and interest, $63 property tax, $36 homeowners insurance, $226 utilities and $121 set aside for maintenance.

What is the property tax rate in Woodlawn CDP (Carroll County)?

Woodlawn CDP (Carroll County) has an effective property tax rate of 0.524%, based on a median home value of $144,700 and median real estate taxes of $758. That is lower than the Carroll County average of 0.597%.

What is the average home price in Woodlawn CDP (Carroll County)?

The median owner-occupied home value in Woodlawn CDP (Carroll County), Virginia is $144,700, against $144,200 across Carroll County.

Is it cheaper to rent or buy in Woodlawn CDP (Carroll County)?

Median gross rent in Woodlawn CDP (Carroll County) is $571 a month, against $1,192 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 Woodlawn CDP (Carroll County) — 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