Quick facts: Arrington, VA

Quick Facts

106
Cost of Living
above US average
1,226
Population
16.31
Crime Rate per 1000
below US average
$58,144
Median Income
below US average
$49,900
Median House Price
above US average
$1935
Average Rent
above US average
8%
Poverty Rate
below US average
3.5%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $58,144.

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Income Needed to Buy

βœ“ Affordable
$16k/year
Based on $49,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($58,144) exceeds requirement
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Income Needed to Rent

⚠ Stretch
$83k/year
Based on $1935/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $83k vs median $58,144
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Arrington, VA

Arrington is a small, unincorporated community located in Nelson County, Virginia. Nestled within the picturesque Blue Ridge Mountains, Arrington offers a serene and rural atmosphere, making it ideal for those seeking a peaceful lifestyle. The area is characterized by its beautiful landscapes, including rolling hills, vineyards, and forestry. Arrington benefits from proximity to the scenic route of the Blue Ridge Parkway, which provides access to stunning views and recreational opportunities such as hiking and cycling. The community is also known for its local wineries and craft breweries, contributing to the region’s burgeoning wine trail, attracting tourists and wine enthusiasts alike. The town's historic charm is reflected in its architecture, and there’s a strong sense of community among residents. Nearby, the larger towns of Lovingston and Amherst offer additional services and amenities. Outdoor lovers will find plenty of opportunities for fishing, camping, and exploring the natural beauty that Nelson County has to offer. Overall, Arrington presents a quiet, rural lifestyle surrounded by nature while still being close to the cultural and recreational attractions of central Virginia.

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