With a 130k income, you're right on target for purchasing a home in Virginia. Financial advisors recommend spending about 3 to 4 times your annual income on a home, which translates to a budget between $390,000 and $520,000.

In Virginia Beach, the median home price is approximately $450,000, fitting neatly within your target range. This balance ensures a wide variety of quality homes are available to you.

Additionally, other cities like Richmond and Arlington offer appealing options at around $500,000. With a property tax rate of 0.82%—amounting to roughly $3,690 per year—and a cost of living near the national average, your income comfortably supports homeownership across the state.