The typical owner-occupied home in Clifton is worth about $1,050,000, 2.7 times the Virginia median of $383,700 and 3.2 times the national median of $332,700. Owners pay a median $9,792 a year in property taxes, about 0.93% of their home's value, higher than the Virginia rate of 0.73%. The median household earns $232,500 a year, so the median home costs 4.5 times the median income (4.1 times for Virginia). 98% of occupied homes here are lived in by their owners, and 77% of those owners still have a mortgage.
Clifton at a glance
| Clifton | Virginia | U.S. | |
|---|---|---|---|
| Median home value | $1,050,000 | $383,700 | $332,700 |
| Median property tax paid per year | $9,792 | $2,790 | $3,119 |
| Property tax as a share of value | 0.93% | 0.73% | 0.94% |
| Median household income | $232,500 | $93,170 | $80,734 |
| Homes lived in by their owners | 98% | 67% | 65% |
| Owner homes with a mortgage | 77% | 67% | 61% |
| Median monthly costs, owners with a mortgage | $4,001 | $2,127 | $1,963 |
| Those costs as a share of the owners' income | 19.4% | 20.1% | 21.0% |
| Median rent | – | $1,579 | $1,413 |
| Median year homes were built | 1938 | 1984 | 1980 |
| Vacant homes | 7.8% | 8.7% | 10.1% |
| Population | 312 | 8,705,170 | 334,922,499 |
What a typical home costs per month in Clifton
At this week's average 30-year rate of 7.11%, buying the median Clifton home of $1,050,000 with 20% down costs about $6,902 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $8,820, 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 $295,799 for the 20%-down payment. That payment is 36% of the median Clifton household income of $232,500; at that income and 20% down, the 28% guideline points to a home of about $825,000.
| Down payment | $210,000 |
|---|---|
| Loan amount | $840,000 |
| Principal and interest | $5,651 |
| Property taxes (0.93% a year) | $814 |
| Homeowners insurance (our estimate, 0.5% a year) | $438 |
| PMI | $0 |
| Total per month | $6,902 |
Change the numbers in the calculator
| Down payment | $36,750 |
|---|---|
| Loan amount | $1,030,982 |
| Principal and interest | $6,935 |
| Property taxes (0.93% a year) | $814 |
| Homeowners insurance (our estimate, 0.5% a year) | $438 |
| FHA mortgage insurance | $633 |
| Total per month | $8,820 |
Change the numbers in the calculator
Questions about home buying in Clifton
What is the median home value in Clifton?
About $1,050,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Clifton?
Homeowners pay a median $9,792 a year, which is about 0.93% 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 Clifton?
For the median home with 20% down at 7.11%, the payment is about $6,902 a month. Keeping that under 28% of gross income takes about $295,799 a year.
More about Clifton
- Mortgage Refinance in Clifton
- Debt Relief in Clifton
- Home Equity Loans in Clifton
- 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