Richmond, VA · Virginia
Hanover County
ZIP 23005
111,652 residents502 permits TTM$109,504 median HHI9 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$372,700
ACS 5-Year
Cap rate proxy
4.8%
FMR × 0.65 ÷ Home Value
Rent-to-income
16.4%
HUD FMR ÷ ACS HHI
Net migration
+2.26%
IRS SOI
Permits (TTM)
502
Census BPS
Climate risk
53.5
FEMA NRI (0–100)
ZIP 23005
Median home value
—
Gross yield
—
Buy Box score
0.5
Section 8 gap
—
Affordability
P/I: 4.0R/I: 17.8%
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown9 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 23069 | — | — | — | 0.9 | — |
| 23111 | — | — | — | 0.9 | — |
| 23047 | — | — | — | 0.9 | — |
| 23192 | — | — | — | 0.9 | — |
| 23116 | — | — | — | 0.8 | — |
| 23146 | — | — | — | 0.8 | — |
| 23015 | $372,700 | $1,380 | 4.4% | 0.6 | -7.8% |
| 23005 | — | — | — | 0.5 | — |
| 23059 | — | — | — | 0.3 | — |
Sort by any column. Click a ZIP for detail.
Demographics
Owner-occupied
82.8%
Census ACS
Vacancy rate
4.5%
Census ACS
Bachelor's degree +
42.4%
Census ACS
Rent burdened
42.0%
Census ACS (>30% income)
Median age
42.3
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