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Oakwood, 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
$60/mo
Housing Market
| Rent & Property | |
|---|---|
| 1 Bedroom | $900/mo |
| 2 Bedrooms | $1200/mo |
| 3 Bedrooms | $1800/mo |
| Median Home Price | $180,000 |
| Property Tax Rate | 0.8% |
| Avg Childcare/mo | $800 |
The housing market in Oakwood is relatively affordable, with a range of options from older homes to newer constructions. Rentals are also available, though options may be limited. Overall, the market is stable, with moderate demand.
Cost of Living
94
-6% below national average
97
88
105
$800
Tax Rates
| Tax Overview | |
|---|---|
| Total Sales Tax | 5.3% |
| Property Tax Rate | 0.8% |
| <p>State 4.3% + County 1%</p> | |
Virginia has a progressive income tax system with rates ranging from 2% to 5.75%
Family & Relocation
70
5.5/10
$800/mo
City Pulse
Public transit options are limited in Oakwood, but the town's small size and walkability make it relatively stroller-friendly
- Breaks Interstate Park
- Buchanan County Fairgrounds
- Council Recreation Center
Best Neighborhoods for Families
Household Budget Calculator
Estimate your real monthly cost of living in Oakwood based on your household profile.
📰 Live Local News
Zoning laws and building codes are enforced by Buchanan County, and residents should be aware of these regulations when planning construction or renovation projects
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
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📊 Oakwood — Census & Demographic Data
Official data from the US Census Bureau, American Community Survey.
☀️ Seasonal Utility Costs
Summer months bring higher electricity costs due to air conditioning usage, while winter months see increased costs for heating. However, the town's mild climate means that these fluctuations are relatively moderate.
🏛️ Local Tax Details
The ZIP code 24631 has a property tax millage rate of 0.8, with no local surtaxes
👶 Family & Stroller Friendliness
6, due to the town's small size and walkability, as well as the presence of sidewalks and parks, but limited elevator access in public buildings and transit
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