Cost of living in Norton, Virginia

Norton, VA cost of living: median rent $692/month, home value $110,000. Rent by bedrooms, owner costs, rent burden and property taxes vs. Virginia.

Median gross rent in Norton is $692 per month (±$51), 51.0% below the U.S. survey median. Median owner-occupied home value is $110,000. These are ACS 2020–2024 estimates in 2024 dollars, rather than current asking prices.

Housing costs compared with state and country

City, state and U.S. estimates · ACS 2020–2024
Measure / survey universe City estimate ± MOE State estimate ± MOE U.S. estimate ± MOE
Median household income Households · USD/year $41,495 ±$9,617 $93,170 ±$458 $80,734 ±$166
Median owner-occupied home value Owner-occupied housing units · USD $110,000 ±$29,919 $383,700 ±$1,024 $332,700 ±$236
Median gross rent Renter-occupied units paying cash rent · USD/month $692 ±$51 $1,579 ±$8 $1,413 ±$2
Monthly owner costs with a mortgage Owner-occupied units with a mortgage · USD/month $1,295 ±$194 $2,127 ±$8 $1,963 ±$1
Monthly owner costs without a mortgage Owner-occupied units without a mortgage · USD/month $480 ±$134 $589 ±$4 $638 ±$1

Gross rent includes contract rent plus estimated tenant-paid utilities. It includes existing leases collected during the survey window and is not the rent for a specified bedroom count. Median selected monthly owner costs include mortgage payments where applicable, real estate taxes, insurance, utilities and relevant fees. Mortgage-free housing still has recurring costs.

The ratio of median home value to median household income is 2.7. Dividing these two medians does not pair the income of a buyer with the price of that buyer’s home, and cannot determine an affordable mortgage payment. The city and state tables use the same survey period, currency basis and source definitions. Differences in point estimates are descriptive; they are not tests of statistical significance.

How does rent differ by bedroom count?

Median monthly gross rent by bedrooms · ACS 2020–2024 · 2024 dollars
Bedrooms Monthly gross rent 90% margin of error Precision
No bedroom (studio) Unavailable Unavailable Unavailable
1 bedroom $324 ±$211 Low precision
2 bedrooms $730 ±$94 Estimate with MOE
3 bedrooms $917 ±$405 Estimate with MOE
4 bedrooms Unavailable Unavailable Unavailable
5 or more bedrooms Unavailable Unavailable Unavailable

Census table B25031 describes renter-occupied units paying cash rent within this exact place geography. Gross rent includes contract rent and estimated tenant-paid utilities. These survey medians include existing leases across 2020–2024; they are not current apartment listings. Missing categories stay unavailable, and open-ended medians remain ranges. Small bedroom categories can have large margins of error. Download source values and provenance .

Housing units and occupancy

The city has an estimated 1,764 housing units (±170). A housing unit can be occupied or vacant. Vacant units include categories such as seasonal use and units unavailable for rent, so vacancies are not automatically apartments a mover can lease.

Housing unit occupancy · B25002 · ACS 2020–2024 All housing units: 1,764
Category Count ± MOE Share ± MOE (pp) Virginia U.S.
Occupied 1,605 ±161 91.0% ±2.5 pp 91.3% 89.9%
Vacant 159 ±100 · low precision 9.0% ±5.6 pp · low precision 8.7% 10.1%
Tenure · B25003 · ACS 2020–2024 Occupied housing units: 1,605
Category Count ± MOE Share ± MOE (pp) Virginia U.S.
Owner occupied 802 ±159 50.0% ±8.5 pp 67.3% 65.2%
Renter occupied 803 ±165 50.0% ±9.0 pp 32.7% 34.8%

How much income goes to rent?

Gross rent as a share of household income · B25070 · ACS 2020–2024 Renter-occupied units paying cash rent: 803
Category Count ± MOE Share ± MOE (pp) Virginia U.S.
Less than 20% of household income 204 ±112 · low precision 25.4% ±13.0 pp · low precision 24.5% 23.1%
20% to less than 30% 244 ±147 · low precision 30.4% ±17.2 pp · low precision 23.6% 22.4%
30% to less than 50% 72 ±44 · low precision 9.0% ±5.1 pp · low precision 22.8% 23.5%
50% or more 244 ±123 · low precision 30.4% ±14.0 pp 22.5% 24.1%
Rent-to-income ratio not computed 39 ±39 · low precision 4.9% ±4.8 pp · low precision 6.7% 6.9%

This table’s percentages use all cash-rent units, including those with a ratio not computed. There are 764 units with a computed rent-to-income ratio. The “30% to less than 50%” and “50% or more” rows identify rent burdens in the source data; their displayed shares are not directly comparable with a publication that excludes uncomputed ratios from its denominator. Counting a high burden does not tell us why a household chose its home or predict a new renter’s circumstances.

Property taxes paid by homeowners in Norton

Homeowners in Norton paid a median of $800 a year in real estate taxes during 2020–2024, 71.3% lower than the Virginia median of $2,790. The U.S. median is $3,119. This is the tax owners reported paying, so it combines tax rates, assessed values and any exemptions; it is not a published tax rate and does not predict the bill on a particular home.

Median real estate taxes paid, per year · B25103· ACS 2020–2024, 2024 dollars
Owner-occupied homes Norton ± MOE Virginia ± MOE U.S. ± MOE
All owner-occupied homes $800 ±$264 $2,790 ±$10 $3,119 ±$4
Homes with a mortgage $1,092 ±$305 $3,014 ±$23 $3,489 ±$4
Homes without a mortgage $732 ±$113 $2,316 ±$24 $2,576 ±$4

How old is the housing, and what type is it?

The median housing unit in Norton was built in 1973 (±3), compared with 1984 in Virginia and 1980 nationally. Single-family houses, detached or attached, make up 54.0% of all housing units; buildings with 20 or more units make up 7.7%. Year built is reported by residents and is less precise for older buildings. These tables count vacant as well as occupied units.

Housing units by year built · B25034 · ACS 2020–2024 All housing units: 1,764
Category Count ± MOE Share ± MOE (pp) Virginia U.S.
2020 or later 16 ±23 · low precision 0.9% ±1.3 pp · low precision 1.7% 2.0%
2010–2019 19 ±30 · low precision 1.1% ±1.7 pp · low precision 9.9% 9.4%
2000–2009 148 ±97 · low precision 8.4% ±5.4 pp · low precision 14.9% 13.6%
1980–1999 395 ±152 22.4% ±8.4 pp 30.0% 25.3%
1960–1979 578 ±159 32.8% ±8.5 pp 24.3% 24.0%
1940–1959 287 ±112 16.3% ±6.1 pp 12.2% 13.9%
1939 or earlier 321 ±125 18.2% ±6.9 pp 7.0% 11.7%
Housing units by type of structure · B25024 · ACS 2020–2024 All housing units: 1,764
Category Count ± MOE Share ± MOE (pp) Virginia U.S.
Single-family detached 944 ±148 53.5% ±6.6 pp 61.3% 61.3%
Single-family attached 8 ±21 · low precision 0.5% ±1.2 pp · low precision 11.3% 6.2%
2–4 units 217 ±110 · low precision 12.3% ±6.1 pp 4.5% 7.7%
5–19 units 225 ±128 · low precision 12.8% ±7.1 pp · low precision 9.7% 8.8%
20 or more units 135 ±92 · low precision 7.7% ±5.2 pp · low precision 8.9% 10.3%
Mobile home 235 ±105 13.3% ±5.8 pp 4.3% 5.6%
Boat, RV, van, etc. 0 ±13 · low precision 0.0% ±0.7 pp · low precision 0.0% 0.1%
Housing units by number of bedrooms · B25041 · ACS 2020–2024 All housing units: 1,764
Category Count ± MOE Share ± MOE (pp) Virginia U.S.
No bedroom 0 ±13 · low precision 0.0% ±0.7 pp · low precision 1.9% 2.9%
1 bedroom 288 ±149 · low precision 16.3% ±8.3 pp · low precision 8.7% 10.9%
2 bedrooms 560 ±151 31.7% ±8.0 pp 22.3% 25.0%
3 bedrooms 558 ±129 31.6% ±6.6 pp 38.4% 38.7%
4 bedrooms 343 ±127 19.4% ±7.0 pp 21.1% 17.5%
5 or more bedrooms 15 ±21 · low precision 0.9% ±1.2 pp · low precision 7.6% 4.9%

Household incomes behind the median

At the median gross rent of $692 a month, a household would need about $27,700 a year to keep rent at 30% of income, a common affordability benchmark. That income falls in the $25,000–$49,999 bracket; 34.9% of all Norton households, owners included, report incomes in lower brackets. The brackets cover every household, so they show how widely incomes spread around the $41,495 median.

Household income in the past 12 months (2024 dollars) · B19001 · ACS 2020–2024 Households: 1,605
Category Count ± MOE Share ± MOE (pp) Virginia U.S.
Under $25,000 560 ±179 34.9% ±10.6 pp 12.2% 14.6%
$25,000–$49,999 356 ±136 22.2% ±8.1 pp 14.5% 16.7%
$50,000–$74,999 325 ±156 20.2% ±9.5 pp 14.3% 15.5%
$75,000–$99,999 110 ±65 · low precision 6.9% ±4.0 pp · low precision 12.1% 12.6%
$100,000–$149,999 175 ±83 10.9% ±5.0 pp 18.1% 17.5%
$150,000–$199,999 57 ±41 · low precision 3.6% ±2.5 pp · low precision 11.1% 9.6%
$200,000 or more 22 ±29 · low precision 1.4% ±1.8 pp · low precision 17.7% 13.4%

Check a specific address before moving

City averages help compare places. A particular home’s school assignment, transit service and flood-map coverage need checks at the address.

  • FEMA Flood Map Service Center — search the address, read the effective map and its date, and check any map changes. An unmapped location does not establish an absence of flood risk.
  • NCES public school district directory — find district contact information, then use the district’s official address locator or enrollment office to confirm school assignment. A city name or district boundary alone does not assign a school.
  • FCC National Broadband Map — check reported service at the exact location, then confirm availability and terms with the provider.
  • Check the official transit operator’s route map and timetable for the address and your actual travel hours; the citywide commuting shares above do not measure service on a particular street.

What these figures do not measure

This page describes housing costs reported in the 2020–2024 survey, not current listings or a full cost-of-living index. Food, energy, transport, childcare and other prices are not measured for individual cities, and a metropolitan price index such as BEA regional price parities would describe the surrounding region rather than Norton itself. For a move, get current lease or purchase quotes for the unit and address you are considering.

Use the city comparison to see these measures across alternatives , read the Norton demographics , or report a correction.

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