Triangle, VA

Very High · 138

Virginia · Population 11,265 · Updated March 2026

$1,606
Median Rent / Month
$114,837
Median Income
$520,400
Median Home Value
$2,001
Owner Costs / Month

Affordability

How far your income goes in Triangle

16.8%
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

$19,272
Annual Rent
$6,603
State Income Tax
$4,163
Property Tax (est.)

Cost of Living Overview

Triangle has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 138 (where 100 equals the national median), Triangle residents can expect to pay median rent of $1,606/month while earning a median household income of $114,837/year.

The median home value in Triangle, VA is $520,400, with typical monthly owner costs around $2,001 including mortgage, insurance, and taxes. The median rent-to-income ratio of 16.8% 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 Triangle.

Frequently Asked Questions

Common questions about living costs in Triangle

What is the cost of living in Triangle, VA?
The cost of living index in Triangle, VA is 138 (US average = 100). Median monthly rent is $1,606, median household income is $114,837/year, and the median home value is $520,400.
Is Triangle, VA affordable?
No, Triangle is more expensive than the national average with a cost index of 138. The rent-to-income ratio is 16.8%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Triangle, VA?
The median gross rent in Triangle, VA is $1,606 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $19,272.
What is the median household income in Triangle?
The median household income in Triangle, VA is $114,837 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%.