Norton city, VA at a glance
Median household income
$41,495$3,458 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in Norton city, VA?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
How much is rent in Norton city, VA? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for Wise County-Norton city, VA HUD Nonmetro FMR Area, with the income each one takes if rent stays under 30% of it.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $692 | $8,304 | $27,680 | 20% |
| 1-Bedroom Apartment | $697 | $8,364 | $27,880 | 20.2% |
| 2-Bedroom ApartmentBenchmark | $914 | $10,968 | $36,560 | 26.4% |
| 3-Bedroom Home | $1,205 | $14,460 | $48,200 | 34.8% |
| 4-Bedroom Home | $1,429 | $17,148 | $57,160 | 41.3% |
What a typical income covers in Norton city, VA
The 50/30/20 rule applied to the local median of $41,495 a year ($3,458 a month before tax).
What $41,495 leaves after Virginia taxes
Federal income tax, Social Security, Medicare and Virginia tax on the local median income. Change the salary to see yours.
Rent, jobs and pay in Virginia
Living in Norton city, VA: common questions
What is the median household income in Norton city, VA?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Norton city, VA is $41,495 per year (approximately $3,458 per month).
What is the average rent in Norton city, VA?
The closest official figure is HUD's Fair Market Rent for 2026: $692 for a studio, $697 for one bedroom, $914 for two, $1,205 for three and $1,429 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 Norton city, 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 Norton city, VA?
To keep a $914 two-bedroom under 30% of gross income, a household needs about $36,560 a year, or $3,047 a month. That is 88% of what the typical household in Norton city, VA earns.
How much do you need to live comfortably in Norton city, VA?
On the local median income of $41,495 ($3,458 a month before tax), the 50/30/20 rule leaves $1,729 a month for needs like rent, utilities and groceries, $1,037 for everything else and $692 for savings or debt. A two-bedroom at $914 takes 53% of the needs share.
How much is the electric bill in Norton city, 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.