Living in Charlottesville, Virginia

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

Charlottesville has 45,437 residents with a median age of 33.1. The median household income is $74,824 (20% lower than the Virginia median), the median home value is $486,700, the median rent is $1,540/month.

Charlottesville at a glance

Population
45,437
Median age
33.1State: 39
Median household income
$74,824State: $93,170
Median home value
$486,700State: $383,700
Median rent
$1,540/moState: $1,579
Homeowners
44.2%
Bachelor's degree or higher
62.5%
Average commute
17 min

Is Charlottesville a good place to live?

Pros: An average commute of 17 minutes; unemployment of 3.7%.

Cons: Median household income 20% lower than the Virginia median; home values 27% higher than the state median; a poverty rate of 19.6%.

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

Cost of living in Charlottesville

Housing is the biggest part of the cost of living. In Charlottesville the median home value is $486,700, 46% higher than the U.S. median. Renters pay a median of $1,540 per month, which is 33.5% of household income. Homeowners with a mortgage pay $2,214 a month in housing costs.

Median home value

Charlottesville$486,700
Virginia$383,700
United States$332,700

Median monthly rent

Charlottesville$1,540
Virginia$1,579
United States$1,413

Charlottesville median household income

The median household income in Charlottesville is $74,824 and the income per person is $51,540. 19.6% of residents live below the poverty line (Virginia: 9.9%).

Median household income

Charlottesville$74,824
Virginia$93,170
United States$80,734

Housing in Charlottesville: homes for sale and rent

Housing units
21,610
Owner-occupied
44.2%
Renter-occupied
55.8%
Vacant
8.3%Includes seasonal homes
Median year built
1968
Average household size
2.14

Charlottesville demographics

Population
45,437
Median age
33.1
Under 18
16.5%
65 and older
13.5%
Households
19,815
Foreign-born
10.6%
Veterans
3.5%Adults 18+

Race and ethnicity

White66.5%
Hispanic or Latino6.9%
Black15.6%
Asian7.1%

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

Education in Charlottesville

62.5% of adults 25 and older in Charlottesville have a bachelor's degree or higher (Virginia: 42.2%), and 35.6% have a graduate or professional degree.

Bachelor's degree or higher

Charlottesville62.5%
Virginia42.2%
United States35.7%

Jobs and commute in Charlottesville

Unemployment rate
3.7%State: 4.3%
Average commute
17 minState: 27 min
Work from home
21.4%
Drive alone
53.1%
Public transit
5.6%
Walk to work
11.3%
Homes with broadband
90.4%

Charlottesville vs nearby towns

TownPopulationMedian incomeHome valueRent
Charlottesville45,437$74,824$486,700$1,540
University of Virginia9,065$52,546$442,600$1,421
Pantops4,665$127,552$522,900$1,881
Rio1,252$56,250—$1,688
Hollymead8,482$118,250$435,300$2,140
Ivy794$189,072$645,600—
Rivanna2,211$146,328$852,400—
Keswick402$250,001$1,133,100—
Earlysville1,222$142,060$478,400—

More for people moving to Charlottesville

Charlottesville ZIP code ›Weather and climate ›

Living in Charlottesville: FAQ

What is the median household income in Charlottesville, VA?

The median household income in Charlottesville is $74,824, 20% lower 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 Charlottesville?

The median home value in Charlottesville is $486,700, compared with $383,700 in Virginia.

How much is rent in Charlottesville?

The median gross rent in Charlottesville is $1,540 per month, about 33.5% of household income.

Is Charlottesville, VA a good place to live?

Pluses: an average commute of 17 minutes; unemployment of 3.7%. Minuses: median household income 20% lower than the Virginia median; home values 27% higher than the state median; a poverty rate of 19.6%.

What is the median age in Charlottesville?

The median age in Charlottesville is 33.1 years (Virginia: 39).

How long is the commute in Charlottesville?

The average commute to work in Charlottesville is 17 minutes; 21.4% of workers work from home.

What is the unemployment rate in Charlottesville?

The unemployment rate in Charlottesville is 3.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Charlottesville?

62.5% of adults in Charlottesville 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.

Last updated: