Idylwood, VA

Very High · 174

Virginia · Population 17,469 · Updated March 2026

$2,022
Median Rent / Month
$118,443
Median Income
$708,400
Median Home Value
$2,175
Owner Costs / Month

Affordability

How far your income goes in Idylwood

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

$24,264
Annual Rent
$6,810
State Income Tax
$5,667
Property Tax (est.)

Cost of Living Overview

Idylwood has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 174 (where 100 equals the national median), Idylwood residents can expect to pay median rent of $2,022/month while earning a median household income of $118,443/year.

The median home value in Idylwood, VA is $708,400, with typical monthly owner costs around $2,175 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 Idylwood.

Frequently Asked Questions

Common questions about living costs in Idylwood

What is the cost of living in Idylwood, VA?
The cost of living index in Idylwood, VA is 174 (US average = 100). Median monthly rent is $2,022, median household income is $118,443/year, and the median home value is $708,400.
Is Idylwood, VA affordable?
No, Idylwood is more expensive than the national average with a cost index of 174. The rent-to-income ratio is 20.5%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Idylwood, VA?
The median gross rent in Idylwood, VA is $2,022 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $24,264.
What is the median household income in Idylwood?
The median household income in Idylwood, VA is $118,443 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%.