US5.com
  1. Home
  2. States
  3. Virginia
  4. ZIP 22963
  5. Housing & Real Estate
Lake Monticello CDP, VA

ZIP 22963 — Housing & Real Estate

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

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 22963

Median Home Value
$294,600
Median Rent
$1,179
Affordability Snapshot
$81,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,892/mo PITI).

14%
Rent-to-Income Ratio

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

2.9x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

20.8 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 22963 in Lake Monticello CDP, VA, a household would need roughly $81,000 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 $1,892. That sits below the local median household income ($100,761), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
92.3%+41% vs US avg
x
Vacancy Rate
8.7%-15% vs US avg
x
Broadband Access
93.9%+8% vs US avg
x
4+ Bedrooms
6.9%-53% vs US avg
x
Built Pre-1939
1.3%-90% vs US avg
x
Built Post-2014
1.8%-74% vs US avg
x
Rent Burden >30%
23.7%-52% vs US avg
x
Mortgage-Free
28.9%-24% vs US avg
x
$294,600
Home Value
$1,179
Rent
1996
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

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

  • 1-unit detached96.5%
  • 1-unit attached2.5%
  • 2-9 units0.3%
  • 10+ units0.0%
  • Mobile home & other0.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$294,600
Median rent$1,179
Owner-occupied92.3%
Vacant8.7%
Price-to-income2.9x
Est. income to buy$81,000