Housing costs in Drakes Branch?
A typical home costs
$113,900, which is 66.3% less expensive than the national average of
$338,100 and 66.8% less expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Drakes Branch costs
$770 per month, which is 46.2% cheaper than the national average of
$1,430 and 81.8% cheaper than the state average of
$1,400.
Can I afford Drakes Branch?
To live comfortably in Drakes Branch (zip 23937), Virginia, a minimum annual income of
$21,960 for a family, and
$23,200 for a single person is recommended.
What does A.I. say about Drakes Branch?
The cost of living in 23937 Drakes Branch, VA is quite affordable. Housing costs are lower than the national average and the median home value is around $97,300. Utility prices are also lower than the national average, making it a great place for those looking to save money while still having access to all of the amenities available in larger cities nearby. Other costs such as groceries and transportation are also below the national average, making it an ideal location for those seeking affordable yet comfortable living.