Yorkshire, VA

Above Avg · 126

Virginia · Population 10,678 · Updated March 2026

$1,713
Median Rent / Month
$107,283
Median Income
$424,100
Median Home Value
$1,721
Owner Costs / Month

Affordability

How far your income goes in Yorkshire

19.2%
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

$20,556
Annual Rent
$6,169
State Income Tax
$3,393
Property Tax (est.)

Cost of Living Overview

Yorkshire has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 126 (where 100 equals the national median), Yorkshire residents can expect to pay median rent of $1,713/month while earning a median household income of $107,283/year.

The median home value in Yorkshire, VA is $424,100, with typical monthly owner costs around $1,721 including mortgage, insurance, and taxes. The median rent-to-income ratio of 19.2% 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 Yorkshire.

Frequently Asked Questions

Common questions about living costs in Yorkshire

What is the cost of living in Yorkshire, VA?
The cost of living index in Yorkshire, VA is 126 (US average = 100). Median monthly rent is $1,713, median household income is $107,283/year, and the median home value is $424,100.
Is Yorkshire, VA affordable?
No, Yorkshire is more expensive than the national average with a cost index of 126. The rent-to-income ratio is 19.2%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Yorkshire, VA?
The median gross rent in Yorkshire, VA is $1,713 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $20,556.
What is the median household income in Yorkshire?
The median household income in Yorkshire, VA is $107,283 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%.