The typical owner-occupied home in Sussex County is worth about $183,800, 52% below the Virginia median of $383,700 and 45% below the national median of $332,700. Owners pay a median $1,078 a year in property taxes, about 0.59% of their home's value, lower than the Virginia rate of 0.73%. The median household earns $63,530 a year, so the median home costs 2.9 times the median income (4.1 times for Virginia). 70% of occupied homes here are lived in by their owners, and 52% of those owners still have a mortgage.
Sussex County at a glance
| Sussex County | Virginia | U.S. | |
|---|---|---|---|
| Median home value | $183,800 | $383,700 | $332,700 |
| Median property tax paid per year | $1,078 | $2,790 | $3,119 |
| Property tax as a share of value | 0.59% | 0.73% | 0.94% |
| Median household income | $63,530 | $93,170 | $80,734 |
| Homes lived in by their owners | 70% | 67% | 65% |
| Owner homes with a mortgage | 52% | 67% | 61% |
| Median monthly costs, owners with a mortgage | $1,409 | $2,127 | $1,963 |
| Those costs as a share of the owners' income | 16.5% | 20.1% | 21.0% |
| Median rent | $907 | $1,579 | $1,413 |
| Rent as a share of renters' income | 32.3% | 29.4% | 30.6% |
| Median year homes were built | 1980 | 1984 | 1980 |
| Vacant homes | 19.6% | 8.7% | 10.1% |
| Population | 10,765 | 8,705,170 | 334,922,499 |
What a typical home costs per month in Sussex County
At this week's average 30-year rate of 7.11%, buying the median Sussex County home of $183,800 with 20% down costs about $1,156 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,462, 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 $49,547 for the 20%-down payment. That payment is 22% of the median Sussex County household income of $63,530; at that income and 20% down, the 28% guideline points to a home of about $236,000.
The median rent here is $907 a month, so owning the median home costs about $249 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $36,760 |
|---|---|
| Loan amount | $147,040 |
| Principal and interest | $989 |
| Property taxes (0.59% a year) | $90 |
| Homeowners insurance (our estimate, 0.5% a year) | $77 |
| PMI | $0 |
| Total per month | $1,156 |
Change the numbers in the calculator
| Down payment | $6,433 |
|---|---|
| Loan amount | $180,471 |
| Principal and interest | $1,214 |
| Property taxes (0.59% a year) | $90 |
| Homeowners insurance (our estimate, 0.5% a year) | $77 |
| FHA mortgage insurance | $81 |
| Total per month | $1,462 |
Change the numbers in the calculator
Questions about home buying in Sussex County
What is the median home value in Sussex County?
About $183,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Sussex County?
Homeowners pay a median $1,078 a year, which is about 0.59% 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 Sussex County?
For the median home with 20% down at 7.11%, the payment is about $1,156 a month. Keeping that under 28% of gross income takes about $49,547 a year.
More about Sussex County
- Mortgage Refinance in Sussex County
- Debt Relief in Sussex County
- Home Equity Loans in Sussex County
- 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