Richmond, VA · Virginia

Petersburg city

33,365 residents94 permits TTM$50,741 median HHI0 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$157,900

ACS 5-Year

Cap rate proxy

8.6%

FMR × 0.65 ÷ Home Value

Rent-to-income

26.8%

HUD FMR ÷ ACS HHI

Net migration

+3.02%

IRS SOI

Permits (TTM)

94

Census BPS

Climate risk

17.0

FEMA NRI (0–100)

Demographics

Owner-occupied

38.3%

Census ACS

Vacancy rate

17.6%

Census ACS

Bachelor's degree +

25.0%

Census ACS

Rent burdened

48.0%

Census ACS (>30% income)

Median age

35.8

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