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Wake, 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 | $1100/mo |
| 2 Bedrooms | $1400/mo |
| 3 Bedrooms | $1900/mo |
| Median Home Price | $280,000 |
| Property Tax Rate | 0.8% |
| Avg Childcare/mo | $900 |
The housing market in Wake is relatively stable, with a mix of older and newer homes available. Rentals are limited, but affordable options can be found. Waterfront properties are highly sought after, driving up prices in those areas.
Cost of Living
105
+5% above national average
102
98
100
$900
Tax Rates
| Tax Overview | |
|---|---|
| Total Sales Tax | 5.3% |
| Property Tax Rate | 0.8% |
| <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
7/10
$900/mo
City Pulse
Public transit options are limited in Wake, but the town is relatively walkable and bike-friendly, with some stroller-friendly sidewalks and parks
- Deltaville Maritime Museum
- Belle Isle State Park
- Mathews County Public Library
Best Neighborhoods for Families
Household Budget Calculator
Estimate your real monthly cost of living in Wake based on your household profile.
📰 Live Local News
Zoning laws and building permits are strictly enforced in Wake, with a focus on preserving the town’s historic character
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.
📊 Wake — Census & Demographic Data
Official data from the US Census Bureau, American Community Survey.
☀️ Seasonal Utility Costs
Utility costs in Wake tend to be higher in the summer months due to air conditioning usage, with average electric bills increasing by 20-30% from June to August. In the winter, heating costs are relatively low due to the mild climate.
🏛️ Local Tax Details
The ZIP code 23176 has a property tax millage rate of 0.84, with no local surtaxes
👶 Family & Stroller Friendliness
6/10, with explanation: while Wake has some stroller-friendly sidewalks and parks, the town's historic district and waterfront areas can be challenging to navigate with a stroller due to uneven pavement and limited accessibility
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