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Radford, VA Utility & Living Guide
Utilities, housing, taxes, cost of living, and local insights — everything residents and families need.
Monthly Utility Costs
$128/mo
—
$40/mo
$20/mo
$60/mo
Housing Market
| Rent & Property | |
|---|---|
| 1 Bedroom | $900/mo |
| 2 Bedrooms | $1100/mo |
| 3 Bedrooms | $1400/mo |
| Median Home Price | $240,000 |
| Property Tax Rate | 0.85% |
| Avg Childcare/mo | $800 |
The housing market in Radford is relatively affordable, with a mix of older and newer homes available. Rentals are also plentiful, particularly near Radford University. However, the market can be competitive, especially for families and young professionals.
Cost of Living
94
-6% below national average
96
88
105
$800
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
55
7.2/10
$800/mo
City Pulse
Radford has a limited public transit system, but it is relatively stroller-friendly, with accessible sidewalks and parks.
- Radford University Planetarium
- Wildwood Park
- Claytor Nature Study Center
Best Neighborhoods for Families
Household Budget Calculator
Estimate your real monthly cost of living in Radford based on your household profile.
📰 Live Local News
Radford has regulations in place for zoning, noise ordinances, and environmental protection.
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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📊 Radford — Census & Demographic Data
Official data from the US Census Bureau, American Community Survey.
☀️ Seasonal Utility Costs
Utility costs in Radford tend to be higher in the summer due to air conditioning usage, with average electric bills increasing by 15-20% from June to August. In the winter, heating costs are relatively low, with average bills increasing by 5-10% from December to February.
🏛️ Local Tax Details
The ZIP code 24141 has a property tax millage rate of 0.85, with no local surtaxes.
👶 Family & Stroller Friendliness
Score: 8, Radford has well-maintained sidewalks, accessible parks, and relatively flat terrain, making it easy to navigate with a stroller. However, some areas have limited elevator access in public buildings.
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