Virginia

Patrick County

ZIP 24171

17,606 residents29 permits TTM$50,938 median HHI7 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$146,500

ACS 5-Year

Cap rate proxy

5.9%

FMR × 0.65 ÷ Home Value

Rent-to-income

17.0%

HUD FMR ÷ ACS HHI

Net migration

+0.60%

IRS SOI

Permits (TTM)

29

Census BPS

Climate risk

20.9

FEMA NRI (0–100)

ZIP 24171

Median home value

$179,171

Gross yield

6.1%

Cap rate

4.8%

Rent gap

21.1%

Affordability

P/I: 3.5R/I:

Section 8 detail

SAFMR: $914Rent: $721Gap: 26.8%
ZIP code breakdown7 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
24053$186,283$9145.9%4.6%21.1%
24076$146,500county est.$9147.5%5.9%21.1%
24082$146,500county est.$9147.5%5.9%21.1%
24120$220,438$9145.0%3.9%21.1%
24133$169,688$9146.5%5.1%21.1%

Ranked by composite score

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Demographics

Owner-occupied

77.2%

Census ACS

Vacancy rate

22.1%

Census ACS

Bachelor's degree +

15.2%

Census ACS

Rent burdened

32.3%

Census ACS (>30% income)

Median age

51.0

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