Virginia

Northampton County

ZIP 23398

12,115 residents151 permits TTM$55,933 median HHI11 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$279,100

ACS 5-Year

Cap rate proxy

3.4%

FMR × 0.65 ÷ Home Value

Rent-to-income

16.7%

HUD FMR ÷ ACS HHI

Net migration

+0.87%

IRS SOI

Permits (TTM)

151

Census BPS

Climate risk

44.5

FEMA NRI (0–100)

ZIP 23398

Median home value

$279,100

Gross yield

4.1%

Cap rate

3.4%

Rent gap

17.8%

Affordability

P/I: 5.0R/I:

Section 8 detail

SAFMR: $949Rent: $780Gap: 21.7%
ZIP code breakdown11 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
23307$279,100county est.$9494.1%3.4%17.8%
23310$398,332$9492.9%2.4%17.8%
23316$279,100county est.$9494.1%3.4%17.8%
23347$279,100county est.$9494.1%3.4%17.8%
23350$191,804$9495.9%4.9%17.8%

Ranked by composite score

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Demographics

Owner-occupied

65.2%

Census ACS

Vacancy rate

28.4%

Census ACS

Bachelor's degree +

32.5%

Census ACS

Rent burdened

35.8%

Census ACS (>30% income)

Median age

51.6

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