Median home value is about $1,070,500 — about 208% above the U.S. median home value ($348,079).
Housing tenure and rents show median gross rent around $1,663 (about 43% above the U.S. median rent ($1,163)), and owner-occupancy near 76.9% (about 11.5 points above the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 22205 in Arlington, VA, a household would need roughly $295,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $6,877. That is about 53% above the local median household income ($192,951), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.