Virginia Beach-Norfolk-Newport News, VA-NC · Virginia
James City County
80,046 residents233 permits TTM$107,046 median HHI4 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$419,200
ACS 5-Year
Cap rate proxy
4.9%
FMR × 0.65 ÷ Home Value
Rent-to-income
16.7%
HUD FMR ÷ ACS HHI
Net migration
+2.09%
IRS SOI
Permits (TTM)
233
Census BPS
Climate risk
53.3
FEMA NRI (0–100)
ZIP code breakdown4 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 23185 | $453,609 | $1,800 | 4.8% | 5.2% | -9.4% |
| 23188 | $462,240 | $1,810 | 4.7% | 5.0% | -6.8% |
| 23081 | $419,200county est. | $1,750 | 5.0% | 4.3% | 14.8% |
| 23168 | $451,157 | $1,630 | 4.3% | 4.0% | 8.5% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
78.8%
Census ACS
Vacancy rate
8.9%
Census ACS
Bachelor's degree +
50.2%
Census ACS
Rent burdened
51.4%
Census ACS (>30% income)
Median age
47.2
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 16, 2026