The typical owner-occupied home in North Garden is worth about $553,600, 44% above the Virginia median of $383,700 and 66% above the national median of $332,700. Owners pay a median $4,500 a year in property taxes, about 0.81% of their home's value, higher than the Virginia rate of 0.73%. The median household earns $108,258 a year, so the median home costs 5.1 times the median income (4.1 times for Virginia). 71% of occupied homes here are lived in by their owners, and 82% of those owners still have a mortgage.
North Garden at a glance
| North Garden | Virginia | U.S. | |
|---|---|---|---|
| Median home value | $553,600 | $383,700 | $332,700 |
| Median property tax paid per year | $4,500 | $2,790 | $3,119 |
| Property tax as a share of value | 0.81% | 0.73% | 0.94% |
| Median household income | $108,258 | $93,170 | $80,734 |
| Homes lived in by their owners | 71% | 67% | 65% |
| Owner homes with a mortgage | 82% | 67% | 61% |
| Median monthly costs, owners with a mortgage | $2,664 | $2,127 | $1,963 |
| Those costs as a share of the owners' income | 26.3% | 20.1% | 21.0% |
| Median rent | – | $1,579 | $1,413 |
| Median year homes were built | 1993 | 1984 | 1980 |
| Vacant homes | 18.0% | 8.7% | 10.1% |
| Population | 475 | 8,705,170 | 334,922,499 |
What a typical home costs per month in North Garden
At this week's average 30-year rate of 7.11%, buying the median North Garden home of $553,600 with 20% down costs about $3,584 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,506, 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 $153,584 for the 20%-down payment. That payment is 40% of the median North Garden household income of $108,258; at that income and 20% down, the 28% guideline points to a home of about $390,000.
| Down payment | $110,720 |
|---|---|
| Loan amount | $442,880 |
| Principal and interest | $2,979 |
| Property taxes (0.81% a year) | $374 |
| Homeowners insurance (our estimate, 0.5% a year) | $231 |
| PMI | $0 |
| Total per month | $3,584 |
Change the numbers in the calculator
| Down payment | $19,376 |
|---|---|
| Loan amount | $543,573 |
| Principal and interest | $3,657 |
| Property taxes (0.81% a year) | $374 |
| Homeowners insurance (our estimate, 0.5% a year) | $231 |
| FHA mortgage insurance | $245 |
| Total per month | $4,506 |
Change the numbers in the calculator
Questions about home buying in North Garden
What is the median home value in North Garden?
About $553,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in North Garden?
Homeowners pay a median $4,500 a year, which is about 0.81% 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 North Garden?
For the median home with 20% down at 7.11%, the payment is about $3,584 a month. Keeping that under 28% of gross income takes about $153,584 a year.
More about North Garden
- Mortgage Refinance in North Garden
- Debt Relief in North Garden
- Home Equity Loans in North Garden
- 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