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Greenwood, VA Utility & Living Guide
Living in Greenwood, VA offers a unique blend of rural charm and accessibility to larger cities like Charlottesville.
Monthly Utility Costs
$128/mo
—
$50/mo
$30/mo
$70/mo
Housing Market
| Rent & Property | |
|---|---|
| 1 Bedroom | $1100/mo |
| 2 Bedrooms | $1400/mo |
| 3 Bedrooms | $2000/mo |
| Median Home Price | $340,000 |
| Property Tax Rate | 0.85% |
| Avg Childcare/mo | $1200 |
The housing market in Greenwood is relatively stable, with a mix of older and newer homes available. Prices have been steadily increasing over the past few years, but remain relatively affordable compared to other areas in the region. Rental options are limited, but available.
Cost of Living
108
+8% above national average
105
102
105
$1200
Tax Rates
| Tax Overview | |
|---|---|
| Total Sales Tax | 5.3% |
| Property Tax Rate | 0.85% |
| <p>State 4.3% + County 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 Greenwood, but the area is relatively stroller-friendly due to its rural nature and lack of heavy traffic
- Chris Greene Lake Park
- Albemarle County Fairgrounds
- Carter Mountain Orchard
Best Neighborhoods for Families
Household Budget Calculator
Estimate your real monthly cost of living in Greenwood based on your household profile.
📰 Live Local News
Greenwood is subject to Albemarle County ordinances and zoning regulations, which govern land use, building permits, and environmental issues.
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.
📊 Greenwood — Census & Demographic Data
Official data from the US Census Bureau, American Community Survey.
☀️ Seasonal Utility Costs
Utility costs in Greenwood tend to fluctuate with the seasons, with higher electricity bills in the summer due to air conditioning usage and higher gas bills in the winter due to heating. However, since many homes in the area are electric-only, the impact of seasonal fluctuations is somewhat mitigated.
🏛️ Local Tax Details
The ZIP code 22920 has a property tax millage rate of 0.85, with no local surtaxes
👶 Family & Stroller Friendliness
6, due to the area's rural nature and limited sidewalk infrastructure, but with some parks and green spaces that are stroller-friendly
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