MyNeighborhood

Can you afford to live in Alexandria?

Median household income, home values and rent in Alexandria, VA — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Alexandria.

Median household income: $113,638 — +27.5% since 2015 (not adjusted for inflation)

Median gross rent: $2,031/mo — +30.6% since 2015

Median home value, 2015 to 2023

  • 2015: 502500
  • 2023: 696800

Median household income

  • Alexandria: 113638
  • Alexandria city: 113638
  • VA: 90974
  • U.S.: 78538

Median gross rent

  • Alexandria: 2031
  • Alexandria city: 2031
  • VA: 1514
  • U.S.: 1348

Share of income a typical renter spends on rent: 28.3% — U.S.: 30.2%

What it means

The typical household here earns $113,638 — far higher than the national figure of $78,538.

The typical renter here spends 28.3% of household income on rent, below the 30% cost-burden line.

Since 2015, rent has risen faster than income here (+30.6% versus +27.5%), before adjusting for inflation.

Sources

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