Median home value is about $384,800 — about 11% above the U.S. median home value ($348,079).
Housing tenure and rents show median gross rent around $1,479 (about 27% above the U.S. median rent ($1,163)), and owner-occupancy near 79.1% (about 13.7 points above the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 23060 in Glen Allen, VA, a household would need roughly $106,000 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 $2,472. That is roughly in line with the local median household income ($106,685). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.