Broadlands, VA

Very High · 224

Virginia · Population 14,673 · Updated March 2026

$2,549
Median Rent / Month
$235,491
Median Income
$859,400
Median Home Value
$3,227
Owner Costs / Month

Affordability

How far your income goes in Broadlands

13.0%
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

$30,588
Annual Rent
$13,541
State Income Tax
$6,875
Property Tax (est.)

Cost of Living Overview

Broadlands has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 224 (where 100 equals the national median), Broadlands residents can expect to pay median rent of $2,549/month while earning a median household income of $235,491/year.

The median home value in Broadlands, VA is $859,400, with typical monthly owner costs around $3,227 including mortgage, insurance, and taxes. The median rent-to-income ratio of 13.0% 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 Broadlands.

Frequently Asked Questions

Common questions about living costs in Broadlands

What is the cost of living in Broadlands, VA?
The cost of living index in Broadlands, VA is 224 (US average = 100). Median monthly rent is $2,549, median household income is $235,491/year, and the median home value is $859,400.
Is Broadlands, VA affordable?
No, Broadlands is more expensive than the national average with a cost index of 224. The rent-to-income ratio is 13.0%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Broadlands, VA?
The median gross rent in Broadlands, VA is $2,549 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $30,588.
What is the median household income in Broadlands?
The median household income in Broadlands, VA is $235,491 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%.