The typical owner-occupied home in Riner is worth about $388,000, about the same as the Virginia median of $383,700 and 17% above the national median of $332,700. Owners pay a median $2,000 a year in property taxes, about 0.52% of their home's value, lower than the Virginia rate of 0.73%. The median household earns $105,759 a year, so the median home costs 3.7 times the median income (4.1 times for Virginia). 91% of occupied homes here are lived in by their owners, and 75% of those owners still have a mortgage.
Riner at a glance
| Riner | Virginia | U.S. | |
|---|---|---|---|
| Median home value | $388,000 | $383,700 | $332,700 |
| Median property tax paid per year | $2,000 | $2,790 | $3,119 |
| Property tax as a share of value | 0.52% | 0.73% | 0.94% |
| Median household income | $105,759 | $93,170 | $80,734 |
| Homes lived in by their owners | 91% | 67% | 65% |
| Owner homes with a mortgage | 75% | 67% | 61% |
| Median monthly costs, owners with a mortgage | $1,826 | $2,127 | $1,963 |
| Those costs as a share of the owners' income | 21.7% | 20.1% | 21.0% |
| Median rent | – | $1,579 | $1,413 |
| Median year homes were built | 2003 | 1984 | 1980 |
| Vacant homes | 0.0% | 8.7% | 10.1% |
| Population | 1,038 | 8,705,170 | 334,922,499 |
What a typical home costs per month in Riner
At this week's average 30-year rate of 7.11%, buying the median Riner home of $388,000 with 20% down costs about $2,418 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,064, 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 $103,623 for the 20%-down payment. That payment is 27% of the median Riner household income of $105,759; at that income and 20% down, the 28% guideline points to a home of about $396,000.
| Down payment | $77,600 |
|---|---|
| Loan amount | $310,400 |
| Principal and interest | $2,088 |
| Property taxes (0.52% a year) | $168 |
| Homeowners insurance (our estimate, 0.5% a year) | $162 |
| PMI | $0 |
| Total per month | $2,418 |
Change the numbers in the calculator
| Down payment | $13,580 |
|---|---|
| Loan amount | $380,972 |
| Principal and interest | $2,563 |
| Property taxes (0.52% a year) | $168 |
| Homeowners insurance (our estimate, 0.5% a year) | $162 |
| FHA mortgage insurance | $172 |
| Total per month | $3,064 |
Change the numbers in the calculator
Questions about home buying in Riner
What is the median home value in Riner?
About $388,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Riner?
Homeowners pay a median $2,000 a year, which is about 0.52% 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 Riner?
For the median home with 20% down at 7.11%, the payment is about $2,418 a month. Keeping that under 28% of gross income takes about $103,623 a year.
More about Riner
- Mortgage Refinance in Riner
- Debt Relief in Riner
- Home Equity Loans in Riner
- 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