The typical owner-occupied home in Virginia City is worth about $414,300, 5% below the Nevada median of $435,400 and 25% above the national median of $332,700. Owners pay a median $1,806 a year in property taxes, about 0.44% of their home's value, lower than the Nevada rate of 0.47%. The median household earns $114,000 a year, so the median home costs 3.6 times the median income (5.6 times for Nevada). 100% of occupied homes here are lived in by their owners, and 63% of those owners still have a mortgage.
Virginia City at a glance
| Virginia City | Nevada | U.S. | |
|---|---|---|---|
| Median home value | $414,300 | $435,400 | $332,700 |
| Median property tax paid per year | $1,806 | $2,027 | $3,119 |
| Property tax as a share of value | 0.44% | 0.47% | 0.94% |
| Median household income | $114,000 | $78,260 | $80,734 |
| Homes lived in by their owners | 100% | 60% | 65% |
| Owner homes with a mortgage | 63% | 66% | 61% |
| Median monthly costs, owners with a mortgage | $2,156 | $1,932 | $1,963 |
| Those costs as a share of the owners' income | 14.8% | 22.3% | 21.0% |
| Median rent | – | $1,597 | $1,413 |
| Median year homes were built | 1956 | 1996 | 1980 |
| Vacant homes | 0.0% | 9.3% | 10.1% |
| Population | 644 | 3,184,612 | 334,922,499 |
What a typical home costs per month in Virginia City
At this week's average 30-year rate of 7.11%, buying the median Virginia City home of $414,300 with 20% down costs about $2,554 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,244, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $109,464 for the 20%-down payment. That payment is 27% of the median Virginia City household income of $114,000; at that income and 20% down, the 28% guideline points to a home of about $431,000.
| Down payment | $82,860 |
|---|---|
| Loan amount | $331,440 |
| Principal and interest | $2,230 |
| Property taxes (0.44% a year) | $152 |
| Homeowners insurance (our estimate, 0.5% a year) | $173 |
| PMI | $0 |
| Total per month | $2,554 |
Change the numbers in the calculator
| Down payment | $14,500 |
|---|---|
| Loan amount | $406,796 |
| Principal and interest | $2,737 |
| Property taxes (0.44% a year) | $152 |
| Homeowners insurance (our estimate, 0.5% a year) | $173 |
| FHA mortgage insurance | $183 |
| Total per month | $3,244 |
Change the numbers in the calculator
Questions about home buying in Virginia City
What is the median home value in Virginia City?
About $414,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Virginia City?
Homeowners pay a median $1,806 a year, which is about 0.44% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Virginia City?
For the median home with 20% down at 7.11%, the payment is about $2,554 a month. Keeping that under 28% of gross income takes about $109,464 a year.
More about Virginia City
- Mortgage Refinance in Virginia City
- Debt Relief in Virginia City
- Home Equity Loans in Virginia City
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
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