C

Farnham, VA

Source:

Affordability Score: 57/100

Population: 1,876 · 1 ZIP codes

The affordability dashboard for Farnham, VA aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 1,876 residents, then layers in county-level federal data to produce an overall grade of C (57/100). The headline inputs are median household income of $65,685, median home value of $198,200, median rent of $1,186 per month, and 18.5% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,157 per month (studio $876, 1BR $882, 3BR $1,464, 4BR $1,825). Department of Labor data lists infant center-based childcare at $10,115 per year, consuming 15% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Farnham, VA include rent. Pressure points are education. Unemployment currently reads 0.0% and poverty 8.4% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income C-
$65,685
Median household income
Education F
18.5%
Bachelor's degree or higher
Housing B-
3.0x
Home value $198,200 vs income
Commute N/A
N/A
Average commute time
Rent B+
$1,157/mo
2BR fair market rent (21% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare D
$10,115/yr
Center-based infant care (15% of income)

Income & Employment

Median Income
$65,685
▲ 6% vs national
Per Capita Income
$33,718
Unemployment Rate
0.0%
Poverty Rate
8.4%

Housing

Median Home Value
$198,200
▼ 28% vs national
Median Rent
$1,186/mo
Owner Occupied
80.3%
2BR Fair Market Rent
$1,157/mo
▼ 4% vs national

Fair Market Rents by Bedroom

Studio
$876
1BR
$882
2BR
$1,157
3BR
$1,464
4BR
$1,825

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
18.5%
▼ 11 ppt vs national
High School+
50.7%
Median Age
54.0
Avg. Commute

Childcare Costs

Infant (Center)
$10,115/yr
15% of income
Toddler (Center)
$6,701/yr
Preschool (Center)
$6,701/yr
School-Age (Center)
$8,073/yr

What This Means

Farnham, VA receives an overall affordability grade of C (57/100), aggregated from 1 ZIP codes with a total population of 1,876. This area performs well in rent. Challenges include education. Data was unavailable for commute, safety — these dimensions were excluded from the overall score.

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What are common questions about this dashboard?

Is Farnham, VA affordable?
Farnham, VA receives an overall affordability grade of C (57/100) based on Census, HUD, FBI, and DOL data. Median household income is $65,685. Median home value is $198,200.
What is the cost of living in Farnham?
Key cost metrics: Median rent $1,186/mo. 2BR fair market rent $1,157/mo. Infant childcare $10,115/yr. Median home value $198,200.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →