Virginia

Buchanan County

ZIP 24603

19,857 residents11 permits TTM$42,216 median HHI12 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$91,400

ACS 5-Year

Cap rate proxy

9.3%

FMR × 0.65 ÷ Home Value

Rent-to-income

20.2%

HUD FMR ÷ ACS HHI

Net migration

+0.32%

IRS SOI

Permits (TTM)

11

Census BPS

Climate risk

50.6

FEMA NRI (0–100)

ZIP 24603

Median home value

$91,400

Gross yield

12.0%

Cap rate

9.3%

Rent gap

22.1%

Affordability

P/I: 1.5R/I:

Section 8 detail

SAFMR: $914Rent: $712Gap: 28.4%
ZIP code breakdown12 ZIP codes

Numbers repeat across most ZIPs in this county

ZIP-level home-value data isn't published for rural areas. Federal sources (Census ACS, HUD non-metro FMR) are available at the county level only, so home-value, cap-rate, and rent-gap numbers use the county estimate for every ZIP in the county.

ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
24239$91,400county est.$91412.0%9.3%22.1%
24603$91,400county est.$91412.0%9.3%22.1%
24607$91,400county est.$91412.0%9.3%22.1%
24614$75,760$91414.5%11.3%22.1%
24620$63,902$91417.2%13.4%22.1%

Ranked by composite score

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Demographics

Owner-occupied

82.1%

Census ACS

Vacancy rate

28.9%

Census ACS

Bachelor's degree +

10.8%

Census ACS

Rent burdened

33.2%

Census ACS (>30% income)

Median age

47.3

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026