Living in Alexandria, Virginia

Cost of living, income, home prices, rent and demographics of Alexandria · Census data 2020–2024

Alexandria has 156,976 residents with a median age of 37.7. The median household income is $119,681 (28% higher than the Virginia median), the median home value is $735,100, the median rent is $2,089/month.

Alexandria at a glance

Population
156,976
Median age
37.7State: 39
Median household income
$119,681State: $93,170
Median home value
$735,100State: $383,700
Median rent
$2,089/moState: $1,579
Homeowners
42.1%
Bachelor's degree or higher
66.2%
Average commute
28 min

Is Alexandria a good place to live?

Pros: Median household income 28% higher than the Virginia median; unemployment of 3.3%; a poverty rate of 7.9%.

Cons: Home values 92% higher than the state median; an average commute of 28 minutes.

The weather is best in May–June and September–October.

Cost of living in Alexandria

Housing is the biggest part of the cost of living. In Alexandria the median home value is $735,100, 121% higher than the U.S. median. Renters pay a median of $2,089 per month, which is 28.3% of household income. Homeowners with a mortgage pay $3,237 a month in housing costs.

Median home value

Alexandria$735,100
Virginia$383,700
United States$332,700

Median monthly rent

Alexandria$2,089
Virginia$1,579
United States$1,413

Alexandria median household income

The median household income in Alexandria is $119,681 and the income per person is $79,474. 7.9% of residents live below the poverty line (Virginia: 9.9%).

Median household income

Alexandria$119,681
Virginia$93,170
United States$80,734

Housing in Alexandria: homes for sale and rent

Housing units
80,844
Owner-occupied
42.1%
Renter-occupied
57.9%
Vacant
5.9%Includes seasonal homes
Median year built
1974
Average household size
2.04

Alexandria demographics

Population
156,976
Median age
37.7
Under 18
18.1%
65 and older
13%
Households
76,096
Foreign-born
24.9%
Veterans
8%Adults 18+

Race and ethnicity

White51%
Hispanic or Latino18.3%
Black21.3%
Asian6.4%

Hispanic or Latino can be of any race. Population history of Alexandria ›

Education in Alexandria

66.2% of adults 25 and older in Alexandria have a bachelor's degree or higher (Virginia: 42.2%), and 34.8% have a graduate or professional degree.

Bachelor's degree or higher

Alexandria66.2%
Virginia42.2%
United States35.7%

Jobs and commute in Alexandria

Unemployment rate
3.3%State: 4.3%
Average commute
28 minState: 27 min
Work from home
28.9%
Drive alone
48.3%
Public transit
12.1%
Walk to work
2.5%
Homes with broadband
94.1%

Alexandria vs nearby towns

TownPopulationMedian incomeHome valueRent
Alexandria156,976$119,681$735,100$2,089
Huntington13,502$99,956$541,900$2,062
Rose Hill21,066$174,950$687,600$2,475
Belle Haven6,570$140,574$689,400$1,841
Bailey's Crossroads24,271$88,483$416,600$2,021
Lincolnia20,320$121,639$647,400$2,141
Forest Heights2,642$98,734$371,700$1,484
Arlington236,254$142,114$895,000$2,322
Seven Corners9,371$77,400$318,700$1,632

More for people moving to Alexandria

Alexandria ZIP code ›Weather and climate ›

Living in Alexandria: FAQ

What is the median household income in Alexandria, VA?

The median household income in Alexandria is $119,681, 28% higher than the Virginia median of $93,170 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Alexandria?

The median home value in Alexandria is $735,100, compared with $383,700 in Virginia.

How much is rent in Alexandria?

The median gross rent in Alexandria is $2,089 per month, about 28.3% of household income.

Is Alexandria, VA a good place to live?

Pluses: median household income 28% higher than the Virginia median; unemployment of 3.3%; a poverty rate of 7.9%. Minuses: home values 92% higher than the state median; an average commute of 28 minutes.

What is the median age in Alexandria?

The median age in Alexandria is 37.7 years (Virginia: 39).

How long is the commute in Alexandria?

The average commute to work in Alexandria is 28 minutes; 28.9% of workers work from home.

What is the unemployment rate in Alexandria?

The unemployment rate in Alexandria is 3.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Alexandria?

66.2% of adults in Alexandria have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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