salaryRent is higher than in 62% of U.S. cities. A typical house costs about 5.3 years of household income. Commutes are long, about 32.8 minutes each way.
How much money do I need?
To rent here comfortably, you should earn about $74,880 a year. That is $36 an hour at a full-time job.
Is rent cheaper than other Virginia cities?
Yes. Rent here is cheaper than in most of Virginia. It is number 81 of 199 cities from cheapest to most expensive.
How much do households earn in Groveton?
Share of households by yearly income. 40.9% of households earn $100,000 or more.
Rent by apartment size in Groveton
| Size | Groveton | U.S. average |
|---|---|---|
| Studio | $1,903 | $1,338 |
| 1 bedroom | $1,822 | $1,324 |
| 2 bedrooms | $1,859 | $1,509 |
| 3 bedrooms | $2,466 | $1,698 |
| 4 bedrooms | $3,622 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Groveton overall?
Everyday prices in Virginia overall are 1% above the U.S. average (index 101.1, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Groveton, so the Virginia figure is shown.
Taxes and bills in Groveton
Life in Groveton
Is it cheaper to rent or buy in Groveton?
Renting is cheaper right now: about $2,187 a month less.
Owning assumes a typical $585,000 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $58,500 for the down payment.
Frequently asked questions
What is the average rent in Groveton, VA?
Renting in Groveton costs a median of about $1,872 a month in 2026, including utilities. The Virginia median is $2,049.
How much do I need to make to live in Groveton?
To keep rent under 30% of income, you need about $74,880 a year, or $36 an hour at a full-time job.
Is Groveton cheap or expensive?
Groveton is rated OK: rent takes 20.4% of the typical household income of $109,979. It ranks 81st cheapest of 199 Virginia cities we track.
How much are property taxes in Groveton?
The median homeowner in Groveton pays $6,161 a year in property taxes, about 1.05% of the median home value.
Is Groveton more expensive than the national average?
Overall prices in Virginia are 1% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Groveton?
The median home value in Groveton is $585,000, about 5.3 times the typical yearly household income.
13,931 people live in Groveton. Numbers are typical (middle) values.