Quick facts: Urbanna, VA

Quick Facts

106
Cost of Living
above US average
506
Population
122.53
Crime Rate per 1000
above US average
$51,607
Median Income
below US average
$289,500
Median House Price
above US average
$1800.0
Average Rent
above US average
8%
Poverty Rate
below US average
3.2%
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 $51,607.

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Income Needed to Buy

βœ— Stretch
$91k/year
Based on $289,500 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $91k vs median $51,607
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Income Needed to Rent

⚠ Stretch
$77k/year
Based on $1800.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $77k vs median $51,607
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Urbanna, VA

Urbanna is a charming and historic town located in Middlesex County, Virginia. Nestled along the banks of the Rappahannock River, Urbanna is known for its scenic beauty, quaint atmosphere, and rich maritime history. The town boasts a small population and a tight-knit community, making it an inviting place for visitors and residents alike. One of Urbanna's highlights is the annual Urbanna Oyster Festival, celebrating the local oyster industry and drawing visitors from across the region. The town features picturesque streets lined with historic homes, unique shops, and cozy restaurants. Outdoor enthusiasts can enjoy activities like boating, fishing, and exploring nearby parks. The nearby Urbanna Creek provides beautiful waterfront views, perfect for leisurely strolls or picnics. With its proximity to the Chesapeake Bay, Urbanna is also a great starting point for exploring the rich marine life and fishing opportunities available in the area. Overall, Urbanna offers a blend of history, community spirit, and natural beauty, making it a delightful destination in Virginia.

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