Prince William County
Virginia ยท Pop. 482,204
Ranked #134 of 200 counties
36Crisis
Median Home Price
๐$480K
3.5% YoY
Median Rent
๐$1,900
Median Income
๐ฐ$100K
Rent Burden
๐26.0%
% of income to rent
Housing Shortage
๐๏ธ8,000
estimated unit deficit
Building Permits (2024)
๐4,200
Price-to-Income Ratio
โ๏ธ4.8x
Homeownership Rate
๐ก72.0%
How Prince William County Compares
| Metric | Prince William County | Virginia | National |
|---|---|---|---|
| Home Price | $480K | $383K | $410K |
| Rent | $1,900 | $1,567 | $1,500 |
| Income | $100K | $90K | $75K |
| Rent Burden | 26.0% | 31.0% | 30.0% |
| Homeownership | 72.0% | 68.0% | 65.0% |
Key Takeaways
- โข Home prices are 17% above the national average.
- โข Rent is 27% above the national average.
- โข The county has an estimated housing shortage of 8,000 units.
- โข 4,200 building permits were issued in 2024.
- โข Year-over-year home prices changed by 3.5%.