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Harrisonburg City

Learn about the people, housing, costs and businesses in Harrisonburg City

Median Home$342,962
Median Rent$1,174/month
Population51,392
Leading IndustriesArts, Food & Hospitality · Healthcare8% arts, food & hospitality
Home Value Growth⬆⬆+11.8% over 2 years
Young Adults50% of residentstop 1% nationally
Renters61% of occupied units
NotableAmenity Score81/100 · highly walkable area
Harrisonburg City
VA

Frequently Asked Questions

What are today's mortgage rates in Harrisonburg City?

Mortgage rates for Harrisonburg City are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.

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What is the median home price in Harrisonburg City?

The median home value in Harrisonburg City is $343k. The median monthly rent is $1,174. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Harrisonburg City?

Home values in Harrisonburg City have increased 11.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Harrisonburg City?

Based on a typical all-in ownership cost of $1,254/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $54k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Harrisonburg City is $66k/year.

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What industries drive the economy in Harrisonburg City?

The largest employment sectors in Harrisonburg City are public administration (25%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

Nearby Areas

Adjacent counties and areas