Virginia
Smyth County
29,585 residents14 permits TTM$46,859 median HHI5 ZIP codesUpdated April 28, 2026
Investor first look
Median home value
$125,800
ACS 5-Year
Cap rate proxy
6.6%
FMR × 0.65 ÷ Home Value
Rent-to-income
17.7%
HUD FMR ÷ ACS HHI
Net migration
+0.66%
IRS SOI
Permits (TTM)
14
Census BPS
Climate risk
57.8
FEMA NRI (0–100)
ZIP code breakdown5 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 24370 | $112,184 | $914 | 9.8% | 7.1% | 24.3% |
| 24375 | $136,086 | $914 | 8.1% | 5.9% | 24.3% |
| 24311 | $144,024 | $914 | 7.6% | 5.5% | 24.3% |
| 24354 | $154,982 | $914 | 7.1% | 5.3% | 24.3% |
| 24319 | $185,107 | $914 | 5.9% | 4.4% | 24.3% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
70.9%
Census ACS
Vacancy rate
16.9%
Census ACS
Bachelor's degree +
18.1%
Census ACS
Rent burdened
37.4%
Census ACS (>30% income)
Median age
46.2
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 28, 2026