Centreville, VA

Very High · 168

Virginia · Population 71,885 · Updated March 2026

$2,238
Median Rent / Month
$143,704
Median Income
$565,900
Median Home Value
$2,371
Owner Costs / Month

Affordability

How far your income goes in Centreville

18.7%
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

$26,856
Annual Rent
$8,263
State Income Tax
$4,527
Property Tax (est.)

Cost of Living Overview

Centreville has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 168 (where 100 equals the national median), Centreville residents can expect to pay median rent of $2,238/month while earning a median household income of $143,704/year.

The median home value in Centreville, VA is $565,900, with typical monthly owner costs around $2,371 including mortgage, insurance, and taxes. The median rent-to-income ratio of 18.7% 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 Centreville.

Frequently Asked Questions

Common questions about living costs in Centreville

What is the cost of living in Centreville, VA?
The cost of living index in Centreville, VA is 168 (US average = 100). Median monthly rent is $2,238, median household income is $143,704/year, and the median home value is $565,900.
Is Centreville, VA affordable?
No, Centreville is more expensive than the national average with a cost index of 168. The rent-to-income ratio is 18.7%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Centreville, VA?
The median gross rent in Centreville, VA is $2,238 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $26,856.
What is the median household income in Centreville?
The median household income in Centreville, VA is $143,704 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%.