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Wachapreague, VA
Full City Profile · Virginia · Accomack County County
3.5
/5.0
B+
Good
290
Population
1,318/sq mi density
$56,917
Median Income
$33,479 per capita
$206,300
Home Value
$254,015 Zillow
$2,045
Median Rent
27.5% income on rent
59°F
Avg Temperature
305 sunny days/yr
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$56,917 median income, 5.6% unemployment
A+
Affordability
4.6 / 5.0
$206,300 home value, $2,045/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
B
Education
3.3 / 5.0
28.6% bachelor's degree or higher
Housing Overview
Median Home Value
$206,300
27% below
US avg: $281,900
Median Rent
$2,045/mo
76% above
US avg: $1,163/mo
Homeownership Rate
83.5%
28% above US avg (65.4%)
Total Housing Units
247
Median year built: 1943
Home Value by Source
Census Median
$206,300
Zillow (ZHVI)
$254,015
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
83.5%
Owner-Occupied
16.5%
Renter-Occupied
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:
$2,045/mo
Affordability & Housing Stock
Rent Burden
27.5%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
1943
Average age of housing stock: 83 years
Homeownership Rate
83.5%
Complete Housing Data
Home Values
| Census Median Value | $206,300 |
| Zillow Home Value (ZHVI) | $254,015 |
Rent
| Census Median Rent | $2,045 |
| 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-Occupied | 83.5% |
| Renter-Occupied | 16.5% |
| Homeownership Rate | 83.5% |
| Total Housing Units | 247 |
| Median Year Built | 1943 |
| Rent Burden | 27.5% |