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Drakes Branch, VA

Full City Profile · Virginia · Lunenburg County County

2.2 /5.0
C Fair
475 Population 115/sq mi density
$19,620 Median Income $21,644 per capita
$119,100 Home Value $167,623 Zillow
$498 Median Rent 32.9% income on rent
59°F Avg Temperature 305 sunny days/yr
431 Violent Crime/100K 2,975 property/100K
C
Overall
2.2 / 5.0
Fair overall score based on economy, affordability, safety and education
C
Economy
2.2 / 5.0
$19,620 median income, 0.0% unemployment
B
Affordability
3.2 / 5.0
$119,100 home value, $498/mo rent
F
Safety
1.0 / 5.0
431 violent crimes/100K (13% above avg)
C
Education
2.2 / 5.0
14.6% bachelor's degree or higher

Housing Overview

Median Home Value
$119,100
58% below
US avg: $281,900
Median Rent
$498/mo
57% below
US avg: $1,163/mo
Homeownership Rate
58.7%
10% below US avg (65.4%)
Total Housing Units
332
Median year built: 1965

Home Value by Source

Census Median
$119,100
Zillow (ZHVI)
$167,623
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

58.7%
Owner-Occupied
41.3%
Renter-Occupied
59%
41%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo
Census median rent: $498/mo

Affordability & Housing Stock

Rent Burden
32.9%
of renters spending 30%+ of income on housing
6% above US avg (31.0%)
Median Year Built
1965
Average age of housing stock: 61 years
Homeownership Rate
58.7%

Complete Housing Data

Home Values

Census Median Value$119,100
Zillow Home Value (ZHVI)$167,623

Rent

Census Median Rent$498
FMR Studio$1,137
FMR 1-Bedroom$1,181
FMR 2-Bedroom$1,369
FMR 3-Bedroom$1,787
FMR 4-Bedroom$2,126

Market

Ownership & Stock

Owner-Occupied58.7%
Renter-Occupied41.3%
Homeownership Rate58.7%
Total Housing Units332
Median Year Built1965
Rent Burden32.9%