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Debt relief in Brodnax, Virginia

The typical owner-occupied home in Brodnax is worth about $127,500, 67% below the Virginia median of $383,700 and 62% below the national median of $332,700. The median household earns $82,396 a year, so the median home costs 1.5 times the median income (4.1 times for Virginia). 46% of occupied homes here are lived in by their owners, and 27% of those owners still have a mortgage.

Brodnax at a glance

Brodnax Virginia U.S.
Median home value $127,500 $383,700 $332,700
Median property tax paid per year – $2,790 $3,119
Median household income $82,396 $93,170 $80,734
Homes lived in by their owners 46% 67% 65%
Owner homes with a mortgage 27% 67% 61%
Median monthly costs, owners with a mortgage $1,281 $2,127 $1,963
Those costs as a share of the owners' income 21.9% 20.1% 21.0%
Median rent $1,223 $1,579 $1,413
Rent as a share of renters' income 13.9% 29.4% 30.6%
Median year homes were built 1969 1984 1980
Vacant homes 12.4% 8.7% 10.1%
People below the poverty line 2.4% 9.9% 12.5%
Population 414 8,705,170 334,922,499

Household budgets and debt in Brodnax

In Brodnax, the typical owner with a mortgage spends 21.9% of household income on housing and the typical renter spends 13.9%. Above 30% is generally considered cost-burdened, which leaves less room for other debts.

2.4% of residents live below the federal poverty line, compared with 9.9% in Virginia.

If debts are getting hard to manage, the usual options, from mildest to most serious, are: a budget and a call to your lenders to ask for a hardship plan; a debt management plan through a nonprofit credit counselor, which can lower interest rates; a debt consolidation loan or, for homeowners, a cash-out refinance or home equity loan; debt settlement, where a company negotiates to pay less than you owe; and bankruptcy.

Under the Federal Trade Commission's rules, debt settlement companies can't charge a fee until they have settled at least one of your debts. Settling can hurt your credit and forgiven debt may be taxable, so compare it with credit counseling first. Time limits for collectors to sue differ by state and by type of debt; check with your state attorney general or a lawyer before relying on one.

Homeowners can sometimes pay off high-interest debt with their home's equity. With the median Brodnax home worth $127,500 and 73% of owners mortgage-free, many owners have equity to draw on, but it turns unsecured debt into debt secured by your home.

Questions about debt relief in Brodnax

What is the median home value in Brodnax?

About $127,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much of their income do Brodnax households spend on housing?

With a median household income of $82,396, owners with a mortgage spend a median 21.9% on housing and renters 13.9%.

More about Brodnax

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data