Richmond, VA · Virginia
Henrico County
ZIP 23229
334,434 residents2,205 permits TTM$86,397 median HHI13 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$333,600
ACS 5-Year
Cap rate proxy
5.3%
FMR × 0.65 ÷ Home Value
Rent-to-income
20.5%
HUD FMR ÷ ACS HHI
Net migration
+2.78%
IRS SOI
Permits (TTM)
2,205
Census BPS
Climate risk
83.4
FEMA NRI (0–100)
ZIP 23229
Median home value
—
Gross yield
—
Buy Box score
0.4
Section 8 gap
—
Affordability
P/I: 5.8R/I: 24.5%
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown13 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 23075 | — | — | — | 1.0 | — |
| 23222 | — | — | — | 1.0 | — |
| 23150 | — | — | — | 1.0 | — |
| 23223 | — | — | — | 0.9 | — |
| 23228 | — | — | — | 0.9 | — |
| 23231 | — | — | — | 0.9 | — |
| 23294 | — | — | — | 0.8 | — |
| 23230 | — | — | — | 0.7 | — |
| 23060 | — | — | — | 0.6 | — |
| 23227 | — | — | — | 0.6 | — |
| 23233 | — | — | — | 0.4 | — |
| 23229 | — | — | — | 0.4 | — |
| 23250 | — | — | — | — | — |
Sort by any column. Click a ZIP for detail.
Demographics
Owner-occupied
64.6%
Census ACS
Vacancy rate
5.2%
Census ACS
Bachelor's degree +
45.7%
Census ACS
Rent burdened
49.8%
Census ACS (>30% income)
Median age
39.4
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