Quick facts: Charlotte court house, VA

Quick Facts

106
Cost of Living
above US average
504
Population
59.52
Crime Rate per 1000
above US average
$62,083
Median Income
below US average
$324,900
Median House Price
above US average
$1935
Average Rent
above US average
13%
Poverty Rate
above US average
3.9%
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 $62,083.

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Income Needed to Buy

βœ— Stretch
$102k/year
Based on $324,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $102k vs median $62,083
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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 $62,083
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Charlotte court house, VA

Charlotte Court House is a small town located in Charlotte County, Virginia. Nestled in the heart of the state's picturesque countryside, it serves as the county seat and offers a quaint, historical charm. The town is characterized by its beautiful landscapes, including rolling hills and lush greenery, making it an attractive spot for those seeking a peaceful, rural lifestyle. Historically, Charlotte Court House played a significant role during the American Civil War, and remnants of its past can be seen in its architectural structures and down the quaint streets. The town features a close-knit community, where local events and gatherings foster a warm atmosphere. Outdoor enthusiasts can enjoy activities like hiking, fishing, and exploring nearby lakes and parks. Its location also provides easy access to larger cities like Lynchburg and Richmond for those looking for more urban experiences. Overall, Charlotte Court House offers a blend of history, community spirit, and natural beauty, making it a unique place to visit or call home.

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