Beaverdam, VA Utility & Living Guide

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Tier 3 Location

Beaverdam, VA Utility & Living Guide

Living in Beaverdam, VA offers a tranquil rural experience with easy access to Richmond's amenities

Last updated: June 26, 2026
Total Utilities$258/mo
1BR Rent$1100/mo
Sales Tax5.3%
COL Index94 (-6% below national average)
Family Score7/10
Median Home$340,000
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⚠️ Natural Hazard History — Beaverdam
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💰 Budget Calculator
🔌 Utilities
🏠 Housing
📊 Cost of Living
💰 Taxes
👨‍👩‍👧 Families
🧮 Tools

Monthly Utility Costs

⚡ Electric

$128/mo

Dominion Energy
🔥 Gas

N/A - Electric only
💧 Water

$42/mo

Hanover County Public Utilities
🗑️ Garbage

$28/mo

Hanover County Waste Management
📶 Internet

$60/mo

Combined Average Overhead $258/month

Housing Market

Rent & Property
1 Bedroom$1100/mo
2 Bedrooms$1400/mo
3 Bedrooms$1900/mo
Median Home Price$340,000
Property Tax Rate0.83%
Avg Childcare/mo$900

The housing market in Beaverdam is characterized by a mix of older and newer homes, with a growing trend towards new construction. Home prices have been steadily increasing due to the area’s popularity. Rentals are relatively affordable, with options ranging from apartments to single-family homes.

Cost of Living

Overall COL Index

94

US national avg = 100
vs National Avg

-6% below national average

Groceries

97

Transportation

88

Healthcare

105

Childcare/mo

$900

Tax Rates

Tax Overview
Total Sales Tax5.3%
Property Tax Rate0.83%
<p>State 4.3% + County 1%</p>

Virginia has a progressive income tax system with rates ranging from 2% to 5.75%

Family & Relocation

Family Vibe Score
7/10
Safety Index

55

Higher = safer
School Rating

7.2/10

GreatSchools avg
Avg Childcare

$900/mo

City Pulse

Population Trend
+2% (growing)
Political Climate
Red
Business Momentum
Moderate, with key industries in agriculture, manufacturing, and healthcare
Top Local Concerns
Traffic, education, public safety
🚌 Transit for Families

Beaverdam has limited public transportation options, but the area is relatively flat and walkable, with some sidewalks and crosswalks

🎡 Top Kid Attractions
  • 🎯
    Kings Dominion
  • 🎯
    Maymont
  • 🎯
    Science Museum of Virginia

Best Neighborhoods for Families

The area around Beaverdam Creek is popular for families, with its scenic views and outdoor recreational opportunities. Other desirable neighborhoods include those near the town center, with their mix of old and new homes. The nearby city of Mechanicsville also offers a range of family-friendly neighborhoods.

Household Budget Calculator

Estimate your real monthly cost of living in Beaverdam based on your household profile.

Local Briefing & Neighborhood Pulse

Live Local News

Hanover County has zoning ordinances and building codes that regulate land use and construction

Beaverdam's economy is driven by agriculture, manufacturing, and tourism, with a growing focus on technology and innovation. The area's affordable cost of living and proximity to Richmond make it an attractive destination for families and businesses.

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📊 Beaverdam — Census & Demographic Data

Official data from the US Census Bureau, American Community Survey.

☀️ Seasonal Utility Costs

Summer months bring higher electricity bills due to air conditioning usage, while winter months see increased costs for heating. However, the area's mild climate means that utility costs remain relatively stable throughout the year.

🏛️ Local Tax Details

The 23015 ZIP code has a property tax millage rate of 0.83, with no local surtaxes

👶 Family & Stroller Friendliness

6/10, with explanation: while Beaverdam has some sidewalks and crosswalks, the area's rural nature means that many roads lack pedestrian infrastructure, and public transportation options are limited

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