Quick facts: Max meadows, VA

Quick Facts

106
Cost of Living
above US average
580
Population
20.69
Crime Rate per 1000
below US average
$73,683
Median Income
below US average
$290,000
Median House Price
above US average
$1935
Average Rent
above US average
5%
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 $73,683.

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Income Needed to Buy

βœ— Stretch
$91k/year
Based on $290,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $91k vs median $73,683
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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 $73,683
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Max meadows, VA

Max Meadows, Virginia, is a small, picturesque community located in Wythe County. Nestled in the foothills of the Appalachian Mountains, it is known for its scenic landscapes and rural charm. The town is situated along Interstate 81, providing easy access to larger cities like Roanoke and Bristol, which are about an hour’s drive away. Max Meadows boasts a tight-knit community with a rich history, rooted in agriculture and local craftsmanship. The area features several outdoor recreational opportunities, including hiking, fishing, and exploring the nearby New River Valley. Local attractions include the historic villages, as well as beautiful parks and nature trails. Annual events often bring residents together, fostering a spirited sense of community. The local economy is primarily driven by agriculture and small businesses, contributing to a quaint, friendly atmosphere. Overall, Max Meadows is ideal for those seeking a peaceful lifestyle amidst stunning natural beauty and a supportive community spirit. It offers a unique blend of rural tranquility and accessibility to larger urban centers.

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