States › Virginia › Independent Hill

Is Independent Hill, VA expensive to live in?

CheapRent takes 13 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,41538% higher than U.S. average
💵 Families earn per year (2026)$220,970about $18,414/month · 154% higher than U.S. average
🔑 House price$674,300103% higher than U.S. average

Rent is higher than in 83% of U.S. cities. Household incomes are higher than in 98% of U.S. cities. A typical house costs about 3.1 years of household income. Commutes are long, about 41.6 minutes each way. Most homes (96.1%) are owned, so rentals can be hard to find.

How much money do I need?

To rent here comfortably, you should earn about $96,600 a year. That is $46 an hour at a full-time job.

Is rent cheaper than other Virginia cities?

No. Rent here is more expensive than in most of Virginia. It is number 133 of 199 cities from cheapest to most expensive.

Independent Hill
$2,415
Lake Barcroft
$2,200
Lowes Island
$2,988
Lake Monticello
$1,672
Gloucester Point
$921
Triangle
$1,934
Loudoun Valley Estates
$3,364

How much do households earn in Independent Hill?

Under $25k
1.8%
$25k–50k
7.0%
$50k–100k
18.4%
$100k–150k
21.8%
$150k+
52.7%

Share of households by yearly income. 74.5% of households earn $100,000 or more.

How expensive is Independent Hill overall?

Everyday prices in Virginia overall are 1% above the U.S. average (index 101.1, U.S. = 100).

Housing
107
Goods (food, clothes…)
100
Utilities
92
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Independent Hill, so the Virginia figure is shown.

Taxes and bills in Independent Hill

🏛️ Property tax$6,236a year · 0.92% of home value · U.S. $3,119
⚡ Electric bill$193a month (typical) · U.S. $156

Life in Independent Hill

Commute to work41.6 minU.S.: 26.4 min
College degree51.5%U.S.: 35.7%
Own their home96.1%U.S.: 65.2%
Below poverty line1.5%U.S.: 12.5%
Unemployment2.1%U.S.: 5.2%

Is it cheaper to rent or buy in Independent Hill?

Renting is cheaper right now: about $2,264 a month less.

Renting
$2,415
Owning
$4,679

Owning assumes a typical $674,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $67,430 for the down payment.

Frequently asked questions

What is the average rent in Independent Hill, VA?

Renting in Independent Hill costs a median of about $2,415 a month in 2026, including utilities. The Virginia median is $2,049.

How much do I need to make to live in Independent Hill?

To keep rent under 30% of income, you need about $96,600 a year, or $46 an hour at a full-time job.

Is Independent Hill cheap or expensive?

Independent Hill is rated Cheap: rent takes 13.1% of the typical household income of $220,970. It ranks 133rd cheapest of 199 Virginia cities we track.

How much are property taxes in Independent Hill?

The median homeowner in Independent Hill pays $6,236 a year in property taxes, about 0.92% of the median home value.

Is Independent Hill 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 Independent Hill?

The median home value in Independent Hill is $674,300, about 3.1 times the typical yearly household income.

10,853 people live in Independent Hill. Numbers are typical (middle) values.