Quick facts: Stanardsville, VA

Quick Facts

106
Cost of Living
above US average
355
Population
90.14
Crime Rate per 1000
above US average
$60,833
Median Income
below US average
$299,000
Median House Price
above US average
$2233.33
Average Rent
above US average
10%
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 $60,833.

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Income Needed to Buy

βœ— Stretch
$94k/year
Based on $299,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $94k vs median $60,833
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Income Needed to Rent

⚠ Stretch
$96k/year
Based on $2233.33/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $96k vs median $60,833
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Stanardsville, VA

Stanardsville is a quaint town located in Greene County, Virginia, nestled in the scenic Blue Ridge Mountains. With a rich history dating back to the 18th century, it serves as a charming gateway to outdoor adventures and historic sites. The town has a small population, fostering a close-knit community atmosphere. The surrounding area is known for its beautiful landscapes, including rolling hills and picturesque views, making it a popular spot for hiking, fishing, and exploring nature. The nearby Shenandoah National Park offers numerous trails and stunning vistas, drawing outdoor enthusiasts year-round. Stanardsville features several local businesses, including family-owned shops and restaurants, contributing to its small-town charm. The annual events and festivals often celebrate local culture, arts, and agriculture, bringing the community together. In terms of location, Stanardsville is conveniently situated about 25 miles from Charlottesville, providing easy access to urban amenities while maintaining its tranquil rural character. Overall, Stanardsville offers a delightful blend of history, nature, and community spirit.

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