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Prince William County, VA

RANK #401 / 996  ·  POP 481,114  ·  VA

PROJECTED GROWTH: +1.1%

Prince William County sits in the middle of the pack — stable but not accelerating.

[01] Why Prince William County?

Historic Occoquan, a riverside mill town with a charming shopping district, offers a glimpse into Prince William County's past and present. Located in Northern Virginia, about 25 miles southwest of Washington, D.C., the county balances suburban and rural areas. Commuting to Washington, D.C., or other Northern Virginia employment centers is possible via the Virginia Railway Express (VRE) and OmniRide bus services, which utilize I-66 and I-95 express lanes. The county features over 4,000 acres of parkland and more than 100 miles of trails, including Prince William Forest Park, the largest protected natural area in the D.C. region.

Life in Prince William County often involves families and professionals, many of whom commute to nearby cities. The public school system is the second largest in Virginia and is recognized for its programs and staff. The local economy is diversifying, with growth in sectors like information communication technology, life sciences, and specialized logistics. There is ongoing investment in commercial and residential redevelopment, particularly along established corridors, and infrastructure improvements are underway to support this growth.

[02] Market Snapshot

Housing Ratio
24.6x

Overvalued relative to economy

GDP Growth

No data

Home Prices
+0.7%

Below national median

Climate & Terrain
-0.9

Below-average climate & terrain

Price/Rent
18x

Above national median (13x)

Housing looks overvalued at 24.6x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Prince William County U.S. National

The Numbers

DEMOGRAPHICS
Population
481,114
+0.82% YoY
Median Household Income
$123,193
Median Home Value
$472,000
+0.7% 12mo
Median Rent
$1,907
Average Annual Pay
$64,447
+4.3% YoY
Employment
143,345
+2.7% YoY
Income-to-Home-Value
0.261
More affordable than average
Migration Inflow
4.11%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$550,000
Days on Market
42
Moderate pace
Months of Supply
2.2
Seller's market
Sale-to-List Ratio
100.0%
Near asking price
Sold Above List
34.3%
Listings w/ Price Drops
15.4%
Building Permits (2024)
1,418
Single-Family Permits
793

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$3,600M
TOTAL
PROJECT AMOUNT STATUS
Digital Gateway Data Center Complex (37 data centers, 14 electrical substations)
QTS and Compass Datacenters
$2,000M Proposed
County Capital Projects (Judicial Center, Crisis Receiving Center, Homeless Navigation Center, etc.)
Prince William County
$1,300M Planned
Hoadly Square and Maple Valley Grove Residential Developments (550 units combined)
J.R. Real Estate Group
$150M Planned
Manassas Battery Energy Storage System (24.2 MVA / 105.315 MWh)
Lightshift Energy (for NOVEC)
$50M Planned
Gainesville Battery Energy Storage System (20 MW / 90.3 MWh)
Lightshift Energy (for NOVEC)
$50M Planned
Prince William County Landfill Renewable Natural Gas (RNG) Facility
OPAL Fuels
$50M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

Population Growth +0.8% 65 percentile
Income Growth +8.2% 41 percentile
Vacancy Rate 1.0% 53 percentile
Home Price Change +0.7% 41 percentile
Rent Growth +2.4% 40 percentile
Price/Rent 18x 17 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Prince William County, VA a good place to move to?

Prince William County has a Boom Town Index score of 60/100, ranking #401 among 996 U.S. counties. With job growth at +2.7% and a median household income of $123,193, it's an above-average county on economic indicators.

Is Prince William County affordable?

The median home value in Prince William County is $472,000 with median rent at $1,907/month. The income-to-home-value ratio is 0.261, which is more affordable than the national average.

Is Prince William County growing or shrinking?

Population growth: +0.8% year-over-year. Job growth: +2.7%. Home values changed +0.7% in the past 12 months.

Are people moving to Prince William County?

Yes — 4.11% of Prince William County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Pickaway County, OH 70 Campbell County, KY 70 Kings County, NY 70 Dauphin County, PA 70 Lehigh County, PA 70 Providence County, RI 70 Anchorage Municipality, AK 70 Otero County, NM 70