Virginia
Alleghany County
ZIP 24474
14,962 residents14 permits TTM$55,160 median HHI5 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$122,300
ACS 5-Year
Cap rate proxy
7.6%
FMR × 0.65 ÷ Home Value
Rent-to-income
16.8%
HUD FMR ÷ ACS HHI
Net migration
+0.74%
IRS SOI
Permits (TTM)
14
Census BPS
Climate risk
38.1
FEMA NRI (0–100)
ZIP 24474
Median home value
$122,300
Gross yield
9.0%
Buy Box score
—
Section 8 gap
—
Affordability
P/I: 1.9R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown5 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 24422 | $122,300 | $914 | 9.0% | 0.4 | — |
| 24426 | $122,300 | $914 | 9.0% | 0.3 | — |
| 24448 | $122,300 | $914 | 9.0% | — | — |
| 24457 | $122,300 | $914 | 9.0% | — | — |
| 24474 | $122,300 | $914 | 9.0% | — | — |
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Demographics
Owner-occupied
80.6%
Census ACS
Vacancy rate
20.5%
Census ACS
Bachelor's degree +
15.6%
Census ACS
Rent burdened
37.4%
Census ACS (>30% income)
Median age
48.1
Census ACS
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