Annandale, VA

Very High · 163

Virginia · Population 41,982 · Updated March 2026

$1,932
Median Rent / Month
$112,872
Median Income
$650,100
Median Home Value
$2,043
Owner Costs / Month

Affordability

How far your income goes in Annandale

20.5%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Virginia

State-level tax rates that affect your costs

5.75%
Income Tax (Top Rate)
5.3%
Sales Tax
0.8%
Property Tax Rate

Estimated Annual Costs

$23,184
Annual Rent
$6,490
State Income Tax
$5,201
Property Tax (est.)

Cost of Living Overview

Annandale has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 163 (where 100 equals the national median), Annandale residents can expect to pay median rent of $1,932/month while earning a median household income of $112,872/year.

The median home value in Annandale, VA is $650,100, with typical monthly owner costs around $2,043 including mortgage, insurance, and taxes. The median rent-to-income ratio of 20.5% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Virginia has a moderate income tax rate of 5.75%. Combined with a 5.3% sales tax rate and 0.8% effective property tax rate, the overall tax environment is a factor in the total cost of living in Annandale.

Frequently Asked Questions

Common questions about living costs in Annandale

What is the cost of living in Annandale, VA?
The cost of living index in Annandale, VA is 163 (US average = 100). Median monthly rent is $1,932, median household income is $112,872/year, and the median home value is $650,100.
Is Annandale, VA affordable?
No, Annandale is more expensive than the national average with a cost index of 163. The rent-to-income ratio is 20.5%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Annandale, VA?
The median gross rent in Annandale, VA is $1,932 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $23,184.
What is the median household income in Annandale?
The median household income in Annandale, VA is $112,872 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Virginia?
Virginia has a top income tax rate of 5.75%, a sales tax of 5.3%, and an effective property tax rate of 0.8%.