salaryRent is higher than in 76% of U.S. cities. Household incomes are higher than in 90% of U.S. cities. A typical house costs about 5.8 years of household income. It is a highly educated city: 65.1% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $88,000 a year. That is $42 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 113 of 199 cities from cheapest to most expensive.
How much do households earn in Lake Barcroft?
Share of households by yearly income. 55.0% of households earn $100,000 or more.
Rent by apartment size in Lake Barcroft
| Size | Lake Barcroft | U.S. average |
|---|---|---|
| Studio | $1,947 | $1,338 |
| 1 bedroom | $1,765 | $1,324 |
| 2 bedrooms | $2,275 | $1,509 |
| 3 bedrooms | $3,238 | $1,698 |
| 4 bedrooms | $2,965 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Lake Barcroft 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 Lake Barcroft, so the Virginia figure is shown.
Taxes and bills in Lake Barcroft
Life in Lake Barcroft
Is it cheaper to rent or buy in Lake Barcroft?
Renting is cheaper right now: about $3,957 a month less.
Owning assumes a typical $887,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $88,730 for the down payment.
Frequently asked questions
What is the average rent in Lake Barcroft, VA?
Renting in Lake Barcroft costs a median of about $2,200 a month in 2026, including utilities. The Virginia median is $2,049.
How much do I need to make to live in Lake Barcroft?
To keep rent under 30% of income, you need about $88,000 a year, or $42 an hour at a full-time job.
Is Lake Barcroft cheap or expensive?
Lake Barcroft is rated Cheap: rent takes 17.4% of the typical household income of $151,941. It ranks 113th cheapest of 199 Virginia cities we track.
How much are property taxes in Lake Barcroft?
The median homeowner in Lake Barcroft pays $9,476 a year in property taxes, about 1.07% of the median home value.
Is Lake Barcroft 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 Lake Barcroft?
The median home value in Lake Barcroft is $887,300, about 5.8 times the typical yearly household income.
10,973 people live in Lake Barcroft. Numbers are typical (middle) values.