Leesburg, VA

Very High · 166

Virginia · Population 48,788 · Updated March 2026

$1,980
Median Rent / Month
$140,668
Median Income
$617,700
Median Home Value
$2,355
Owner Costs / Month

Affordability

How far your income goes in Leesburg

16.9%
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

$23,760
Annual Rent
$8,088
State Income Tax
$4,942
Property Tax (est.)

Cost of Living Overview

Leesburg has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 166 (where 100 equals the national median), Leesburg residents can expect to pay median rent of $1,980/month while earning a median household income of $140,668/year.

The median home value in Leesburg, VA is $617,700, with typical monthly owner costs around $2,355 including mortgage, insurance, and taxes. The median rent-to-income ratio of 16.9% 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 Leesburg.

Frequently Asked Questions

Common questions about living costs in Leesburg

What is the cost of living in Leesburg, VA?
The cost of living index in Leesburg, VA is 166 (US average = 100). Median monthly rent is $1,980, median household income is $140,668/year, and the median home value is $617,700.
Is Leesburg, VA affordable?
No, Leesburg is more expensive than the national average with a cost index of 166. The rent-to-income ratio is 16.9%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Leesburg, VA?
The median gross rent in Leesburg, VA is $1,980 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $23,760.
What is the median household income in Leesburg?
The median household income in Leesburg, VA is $140,668 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%.