Richmond, VA · Virginia
Hopewell city
22,944 residents32 permits TTM$48,681 median HHI0 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$165,100
ACS 5-Year
Cap rate proxy
7.9%
FMR × 0.65 ÷ Home Value
Rent-to-income
26.7%
HUD FMR ÷ ACS HHI
Net migration
+2.97%
IRS SOI
Permits (TTM)
32
Census BPS
Climate risk
17.2
FEMA NRI (0–100)
Demographics
Owner-occupied
55.5%
Census ACS
Vacancy rate
9.7%
Census ACS
Bachelor's degree +
12.5%
Census ACS
Rent burdened
59.8%
Census ACS (>30% income)
Median age
36.4
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