Virginia · Census, HUD and BEA figures · Updated

Cost of Living in Buckingham County, VA

Prices around Buckingham County, VA run 1.1% above the U.S. average (BEA, Virginia). The typical household there earns $60,828 a year, and HUD puts a two-bedroom at $959 a month. Keeping that rent under 30% of income takes about $38,360 a year.

Buckingham County, VA at a glance

Median household income

$60,828$5,069 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$959HUD FY2026 Fair Market Rent
Price level (U.S. = 100)101.1+1.1% · BEA, Virginia
Electricity17.2¢per kWh · EIA Residential VA
Population16,976Census ACS 5-year estimate

How much rent can you afford in Buckingham County, VA?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$959Monthly market rent
Share of gross income18.9%Recommended max: 30%
Annual income needed$38,360To meet the 30% standard
Max affordable rent$1,521At 30% of $60,828
0%30% (Affordability standard)100%
Compare against:

How much is rent in Buckingham County, VA? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Buckingham County, VA, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Buckingham County, VA, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$830$9,960$33,20016.4%
1-Bedroom Apartment$875$10,500$35,00017.3%
2-Bedroom ApartmentBenchmark$959$11,508$38,36018.9%
3-Bedroom Home$1,266$15,192$50,64025%
4-Bedroom Home$1,419$17,028$56,76028%

Rent in Buckingham County, VA, with the wage each unit needs →

What a typical income covers in Buckingham County, VA

The 50/30/20 rule applied to the local median of $60,828 a year ($5,069 a month before tax).

Needs (50%)$2,535/moRent ($959 2-BR), utilities (~$155/mo), groceries, transit
Wants (30%)$1,521/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$1,014/moEmergency fund, retirement, paying down loans

What $60,828 leaves after Virginia taxes

Federal income tax, Social Security, Medicare and Virginia tax on the local median income. Change the salary to see yours.

$60,828
$20,000$125,000
Filing status:
Gross salary breakdown$60,828
Net 80%
Fed 8%
VA 4%
FICA 8%
Annual take-home$48,372After all taxes
Monthly deposit$4,031Estimated per month
Biweekly paycheck$1,860Every 2 weeks (26/yr)
Effective tax rate20.5%Total tax burden
Federal income tax$5,119 / yr
Virginia state income tax$2,684 / yr
FICA (Social Security & Medicare)$4,653 / yr

Living in Buckingham County, VA: common questions

What is the median household income in Buckingham County, VA?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Buckingham County, VA is $60,828 per year (approximately $5,069 per month).

What is the average rent in Buckingham County, VA?

The closest official figure is HUD's Fair Market Rent for 2026: $830 for a studio, $875 for one bedroom, $959 for two, $1,266 for three and $1,419 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Buckingham County, VA expensive to live in?

Prices there run 1.1% above the U.S. average. BEA's regional price parity for Virginia is 101.1, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in Buckingham County, VA?

To keep a $959 two-bedroom under 30% of gross income, a household needs about $38,360 a year, or $3,197 a month. That is 63% of what the typical household in Buckingham County, VA earns.

How much do you need to live comfortably in Buckingham County, VA?

On the local median income of $60,828 ($5,069 a month before tax), the 50/30/20 rule leaves $2,535 a month for needs like rent, utilities and groceries, $1,521 for everything else and $1,014 for savings or debt. A two-bedroom at $959 takes 38% of the needs share.

How much is the electric bill in Buckingham County, VA?

Homes in Virginia paid 17.2¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $155. Your bill depends mostly on heating and cooling.