Wolf Trap, VA

Very High · 297

Virginia · Population 16,020 · Updated March 2026

$3,501
Median Rent / Month
$250,001
Median Income
$1,153,200
Median Home Value
$4,001
Owner Costs / Month

Affordability

How far your income goes in Wolf Trap

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

$42,012
Annual Rent
$14,375
State Income Tax
$9,226
Property Tax (est.)

Cost of Living Overview

Wolf Trap has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 297 (where 100 equals the national median), Wolf Trap residents can expect to pay median rent of $3,501/month while earning a median household income of $250,001/year.

The median home value in Wolf Trap, VA is $1,153,200, with typical monthly owner costs around $4,001 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 Wolf Trap.

Frequently Asked Questions

Common questions about living costs in Wolf Trap

What is the cost of living in Wolf Trap, VA?
The cost of living index in Wolf Trap, VA is 297 (US average = 100). Median monthly rent is $3,501, median household income is $250,001/year, and the median home value is $1,153,200.
Is Wolf Trap, VA affordable?
No, Wolf Trap is more expensive than the national average with a cost index of 297. The rent-to-income ratio is 16.8%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Wolf Trap, VA?
The median gross rent in Wolf Trap, VA is $3,501 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $42,012.
What is the median household income in Wolf Trap?
The median household income in Wolf Trap, VA is $250,001 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%.