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Collinsville, VA Utility & Living Guide
Utilities, housing, taxes, cost of living, and local insights — everything residents and families need.
Monthly Utility Costs
$140/mo
—
$50/mo
$30/mo
$70/mo
Housing Market
| Rent & Property | |
|---|---|
| 1 Bedroom | $900/mo |
| 2 Bedrooms | $1200/mo |
| 3 Bedrooms | $1800/mo |
| Median Home Price | $280,000 |
| Property Tax Rate | 0.85% |
| Avg Childcare/mo | $1200 |
The housing market in Collinsville is relatively affordable, with a mix of older and newer homes available. Rentals are also available, though options may be limited. The area is seeing some new construction, particularly in the form of single-family homes.
Cost of Living
94
-6% below national average
95
88
105
$1200
Tax Rates
| Tax Overview | |
|---|---|
| Total Sales Tax | 5.3% |
| Property Tax Rate | 0.85% |
| <p>State 4.3% + Local 1%</p> | |
Virginia has a progressive income tax system with rates ranging from 2% to 5.75%
Family & Relocation
60
7.2/10
$1200/mo
City Pulse
Public transit options are limited in Collinsville, but the area is relatively walkable and bikeable, with some sidewalks and crosswalks
- Martinsville Speedway
- Smith River
- Fairy Stone State Park
Best Neighborhoods for Families
Household Budget Calculator
Estimate your real monthly cost of living in Collinsville based on your household profile.
📰 Live Local News
Zoning laws and building codes are enforced by Henry County, and there may be specific regulations regarding outdoor signage and home-based businesses
Financial Tools
- Income Tax CalculatorEstimate take-home pay by state
- Mortgage CalculatorMonthly payment estimator
- Affordability CalculatorHow much home can you afford?
- Childcare Cost EstimatorCompare daycare costs by city
- Retirement PlannerRetirement readiness check
- Car Lease CalculatorMonthly lease payment estimator
- Savings CalculatorGrow your emergency fund
- City Comparison ToolCompare cities side by side
Find Another City Guide
Search by city name or ZIP code to find utility costs, housing data and cost of living guides.
📊 Collinsville — Census & Demographic Data
Official data from the US Census Bureau, American Community Survey.
☀️ Seasonal Utility Costs
Summer months bring higher electric bills due to air conditioning usage, while winter months see increased costs for heating. However, the area's mild climate means that these fluctuations are relatively moderate.
🏛️ Local Tax Details
The ZIP code 24078 has a property tax millage rate of 0.85, with no local surtaxes
👶 Family & Stroller Friendliness
6/10, with explanation: Collinsville has some sidewalks and crosswalks, but they can be uneven or missing in some areas. However, the town is relatively small and easy to navigate, and many parks and outdoor spaces are stroller-friendly
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