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Speedwell, VA Utility & Living Guide
Living in Speedwell, VA offers a tranquil and scenic experience with easy access to outdoor recreation and a strong sense of community.
Monthly Utility Costs
$130/mo
—
$40/mo
$20/mo
$60/mo
Housing Market
| Rent & Property | |
|---|---|
| 1 Bedroom | $900/mo |
| 2 Bedrooms | $1200/mo |
| 3 Bedrooms | $1800/mo |
| Median Home Price | $280,000 |
| Property Tax Rate | 0.85% |
| Avg Childcare/mo | $800 |
The housing market in Speedwell is relatively affordable, with a mix of older and newer homes available. Rentals are also available, although options may be limited. The area is attracting retirees and families due to its natural beauty and outdoor recreational opportunities.
Cost of Living
94
-6% below national average
95
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
70
7.2/10
$800/mo
City Pulse
Public transportation is limited in Speedwell, but the area is relatively walkable and bike-friendly
- New River Trail
- Wythe County Park
- Grayson Highlands State Park
Best Neighborhoods for Families
Household Budget Calculator
Estimate your real monthly cost of living in Speedwell based on your household profile.
📰 Live Local News
Wythe County has zoning regulations and building codes in place to preserve the area’s natural beauty and manage growth
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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📊 Speedwell — Census & Demographic Data
Official data from the US Census Bureau, American Community Survey.
☀️ Seasonal Utility Costs
Utility costs in Speedwell tend to be higher in the summer due to air conditioning usage, with average electric bills increasing by 20-30% during the peak summer months. In the winter, heating costs are relatively low due to the area's mild climate.
🏛️ Local Tax Details
The ZIP code 24374 has a property tax millage rate of 0.85, with no local surtaxes
👶 Family & Stroller Friendliness
6, with wide sidewalks and easy access to parks, but limited elevator access in public buildings and some rough terrain on trails
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