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Boyce town, VA

ZIP 22620 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 22620

Median Home Value
$494,600
Median Rent
$1,113
Affordability Snapshot
$136,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,177/mo PITI).

12%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.4x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

37.0 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 22620 in Boyce town, VA, a household would need roughly $136,000 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 $3,177. That is about 21% above the local median household income ($112,446), 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.

Housing Tenure

Vacancy rate 13% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
88.1%+35% vs US avg
x
Vacancy Rate
13.5%+31% vs US avg
x
Broadband Access
87.8%+1% vs US avg
x
4+ Bedrooms
6.7%-55% vs US avg
x
Built Pre-1939
7.8%-39% vs US avg
x
Built Post-2014
0.6%-91% vs US avg
x
Rent Burden >30%
22.4%-55% vs US avg
x
Mortgage-Free
49.5%+30% vs US avg
x
$494,600
Home Value
$1,113
Rent
1975
Year Built
2009
Moved In

Residents have lived here since ~2009 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached92.6%
  • 1-unit attached2.0%
  • 2-9 units2.8%
  • 10+ units0.0%
  • Mobile home & other2.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$494,600
Median rent$1,113
Owner-occupied88.1%
Vacant13.5%
Price-to-income4.4x
Est. income to buy$136,000