Woodburn, VA

Very High · 197

Virginia · Population 10,046 · Updated March 2026

$2,360
Median Rent / Month
$132,760
Median Income
$793,200
Median Home Value
$2,427
Owner Costs / Month

Affordability

How far your income goes in Woodburn

21.3%
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

$28,320
Annual Rent
$7,634
State Income Tax
$6,346
Property Tax (est.)

Cost of Living Overview

Woodburn has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 197 (where 100 equals the national median), Woodburn residents can expect to pay median rent of $2,360/month while earning a median household income of $132,760/year.

The median home value in Woodburn, VA is $793,200, with typical monthly owner costs around $2,427 including mortgage, insurance, and taxes. The median rent-to-income ratio of 21.3% 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 Woodburn.

Frequently Asked Questions

Common questions about living costs in Woodburn

What is the cost of living in Woodburn, VA?
The cost of living index in Woodburn, VA is 197 (US average = 100). Median monthly rent is $2,360, median household income is $132,760/year, and the median home value is $793,200.
Is Woodburn, VA affordable?
No, Woodburn is more expensive than the national average with a cost index of 197. The rent-to-income ratio is 21.3%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Woodburn, VA?
The median gross rent in Woodburn, VA is $2,360 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $28,320.
What is the median household income in Woodburn?
The median household income in Woodburn, VA is $132,760 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%.