Photo: Ser Amantio di Nicolao at English Wikipedia · CC BY-SA 3.0Measured against area pay, King George costs less to live in than 72% of U.S. towns
It ranks #23 of 253 in Virginia for affordability. Up 2.9% in a year, 14% above the Virginia typical home.
Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of King George County, VA ($117K). How TownRatings grades cost of living
The grade compares costs with what households across King George County earn ($117K, Census 2020–24). The typical home costs 3.3 years of area income, and 73% of renters pay 30% or more of income for housing.
In dollars
- $472Ktypical home, 14% above the Virginia typical homeZillow, September 2026
- $1,400a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
In paychecks the grade
- 3.3 yrsof area income buys the typical home; the typical U.S. town: 3.3$117K, King George County income
- 14%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
- 73%of renters pay 30%+ of income for housing; across Virginia: 49%Census 2020–24
- 11%of owners do; the typical U.S. town: 20%Census 2020–24
The short version on homes in King George
About three in four renters are stretched
73% of renter households spend 30% or more of their income on rent, against 49% across Virginia. That’s despite a standard two-bedroom costing just 17% of the median household income, so renters here earn far less than the typical household. Renting ↓
Mostly newer homes
Half of King George’s homes were built after 2000, against 1984 for Virginia as a whole. Property taxes ↓
Written from the data on this page. Home values are the Zillow Home Value Index, through September 2026; incomes, rents paid, taxes and ownership come from the Census American Community Survey.
What’s behind King George’s grade
Measured against what households in the area earn, King George is more affordable than 72% of U.S. towns, #23 of 253 in Virginia. The share of households paying 30%+ for housing pulls the grade down most; property tax holds it up.
Prices here have kept pace with Virginia: up 23.1% in five years, against 23.5% statewide (Zillow).
Up 23.1% in five years
About the same pace as Virginia (23.5%).
Show as a table
| January | King George | Virginia |
|---|---|---|
| 2017 | $285,000 | $251,000 |
| 2018 | $297,000 | $261,000 |
| 2019 | $304,000 | $269,000 |
| 2020 | $318,000 | $282,000 |
| 2021 | $349,000 | $309,000 |
| 2022 | $395,000 | $342,000 |
| 2023 | $413,000 | $364,000 |
| 2024 | $435,000 | $384,000 |
| 2025 | $454,000 | $402,000 |
| 2026 | $464,000 | $408,000 |
| September 2026 | $472,000 | $412,000 |
A typical King George home worth $281K in October 2016 is worth about $472K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through September 2026.
A year’s rent takes 14% of area income
The calculator starts from the area income the grade uses. Switch to King George’s own median, or type yours.
That covers a typical King George home, with $11K to spare.
A two-bedroom rents for about $1,400 a month here, $1,270 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, King George’s typical property tax (0.49% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,400
Renters already here pay a median of $1,384.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (King George County, VA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Property tax runs below the Virginia norm
The median bill is $1,864 (Virginia: $2,790), 0.49% of a home’s value a year, against 0.73% statewide.
Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.
King George and its neighbors
One source per column.
Cost next door · one source per column
| Town | Cost | Typical home Zillow, September 2026 | Median value Census 2020–24 | Tax rate bill ÷ value | 2-bed rent HUD 2026 |
|---|---|---|---|---|---|
| King George | B+ | $472K | $381K | 0.49% | $1,400 |
Questions about the cost of living in King George
Is King George expensive to live in?
Measured against what households in the area earn, King George costs less than 72% of U.S. towns: a B+ for cost of living, #23 of 253 in Virginia. The typical home costs 3.3 years of the median household income of King George County, VA ($117K).
How much does a house cost in King George?
About $472K, Zillow’s typical value for September 2026, up 2.9% in a year. The Virginia typical home is $412K.
What salary do you need to live in King George?
To buy the typical home with 20% down at 6.3%, about $114,000 a year, keeping the payment (about $2,670 a month with tax and insurance) at 28% of income. To rent a two-bedroom at 30% of income, about $56,000.
How much is rent in King George?
HUD puts a two-bedroom at about $1,400 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $1,384 (Census 2020–24).
What are property taxes in King George?
The median bill is $1,864 a year, 0.49% of the median home value (Virginia: $2,790, 0.73%), from the Census 2020–24.
Are home prices in King George going up?
Yes: up 2.9% in the past year and 23.1% in five years, against 23.5% across Virginia (Zillow).
Neighbors talk housing
What King George buyers, sellers and renters are saying.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, September 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.