The typical owner-occupied home in Greenbackville is worth about $334,200, 13% below the Virginia median of $383,700 and about the same as the national median of $332,700. Owners pay a median $1,861 a year in property taxes, about 0.56% of their home's value, lower than the Virginia rate of 0.73%. The median household earns $100,521 a year, so the median home costs 3.3 times the median income (4.1 times for Virginia). 68% of occupied homes here are lived in by their owners, and 60% of those owners still have a mortgage.
Greenbackville at a glance
| Greenbackville | Virginia | U.S. | |
|---|---|---|---|
| Median home value | $334,200 | $383,700 | $332,700 |
| Median property tax paid per year | $1,861 | $2,790 | $3,119 |
| Property tax as a share of value | 0.56% | 0.73% | 0.94% |
| Median household income | $100,521 | $93,170 | $80,734 |
| Homes lived in by their owners | 68% | 67% | 65% |
| Owner homes with a mortgage | 60% | 67% | 61% |
| Median monthly costs, owners with a mortgage | – | $2,127 | $1,963 |
| Median rent | – | $1,579 | $1,413 |
| Median year homes were built | 1938 | 1984 | 1980 |
| Vacant homes | 58.9% | 8.7% | 10.1% |
| Population | 86 | 8,705,170 | 334,922,499 |
What a typical home costs per month in Greenbackville
At this week's average 30-year rate of 7.11%, buying the median Greenbackville home of $334,200 with 20% down costs about $2,094 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,650, 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 $89,733 for the 20%-down payment. That payment is 25% of the median Greenbackville household income of $100,521; at that income and 20% down, the 28% guideline points to a home of about $374,000.
| Down payment | $66,840 |
|---|---|
| Loan amount | $267,360 |
| Principal and interest | $1,799 |
| Property taxes (0.56% a year) | $156 |
| Homeowners insurance (our estimate, 0.5% a year) | $139 |
| PMI | $0 |
| Total per month | $2,094 |
Change the numbers in the calculator
| Down payment | $11,697 |
|---|---|
| Loan amount | $328,147 |
| Principal and interest | $2,207 |
| Property taxes (0.56% a year) | $156 |
| Homeowners insurance (our estimate, 0.5% a year) | $139 |
| FHA mortgage insurance | $148 |
| Total per month | $2,650 |
Change the numbers in the calculator
Questions about home buying in Greenbackville
What is the median home value in Greenbackville?
About $334,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Greenbackville?
Homeowners pay a median $1,861 a year, which is about 0.56% 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 Greenbackville?
For the median home with 20% down at 7.11%, the payment is about $2,094 a month. Keeping that under 28% of gross income takes about $89,733 a year.
More about Greenbackville
- Mortgage Refinance in Greenbackville
- Debt Relief in Greenbackville
- Home Equity Loans in Greenbackville
- 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