This section is generated from cached city metrics and clearly labeled state-level benchmarks. It is meant to make the Charlottesville page less generic and more useful for comparing housing, income, utilities, taxes, insurance, demographics, and nearby alternatives.
Affordability Summary
Population is 45,863, so Charlottesville should be compared with similar-size places before using broader Virginia averages. Median household income is $69,829, so the best affordability read for Charlottesville is income versus housing, taxes, utilities, and insurance together.
Median home value is $448,400, so ownership costs in Charlottesville should be checked with mortgage, property tax, insurance, and maintenance assumptions. Two-bedroom rent is $1,453/mo, so renters can compare Charlottesville against ownership costs and nearby rental markets.
Housing and Income Context
For Charlottesville, income sits in the middle range, making recurring bills worth watching. Home values are elevated enough that taxes and financing terms can move the total cost.
Use the home value, rent, and income fields together before deciding whether Charlottesville looks more favorable for renting, buying, or comparing with Crozet, VA.
Utility Cost Context
The residential electricity benchmark is $0.171/kWh, so Charlottesville households should treat usage, home size, heating, and cooling as the practical bill drivers. The electricity value shown for Charlottesville is a Virginia state-level EIA benchmark, so it should not be read as a local provider tariff.
For Charlottesville, utility planning is stronger when the electric benchmark is paired with home age, square footage, insulation, HVAC equipment, and household occupancy.
Property Tax Context
Median property tax paid is $3,649, so Charlottesville buyers should still verify parcel-specific tax records before budgeting. Parcel boundaries, exemptions, school districts, and reassessment rules can move the actual bill for a Charlottesville address.
Compare the property tax field with home value rather than reading it by itself; a lower tax bill can still pair with a different assessment base or exemption profile.
Insurance and Risk Context
Insurance costs in Charlottesville depend on address-level factors such as roof condition, structure age, coverage limits, claims history, deductible choice, and carrier underwriting.
Home value, tax burden, and insurance exposure should be reviewed together for Charlottesville, especially when comparing with Crozet, VA.
Population and Demographics
Median age is 32.9, so Charlottesville may have different school, commute, healthcare, and housing demand patterns than a statewide average. Bachelor+ share is 60.6%, so Charlottesville education context can be useful when reading labor-market and school sections.
Unemployment is 3.8%, so Charlottesville wage and job-market context should be compared with commute options and regional employment centers.
