Virginia Beach-Norfolk-Newport News, VA-NC · Virginia

James City County

ZIP 23081

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 23081

Median home value

$419,200

Gross yield

5.0%

Buy Box score

Section 8 gap

17.4%

Affordability

P/I: 3.9R/I:

Section 8 detail

SAFMR: $1,750Rent: $1,491Gap: 17.4%
ZIP code breakdown4 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
23168$419,200$1,6304.7%0.59.3%
23185$419,200$1,8005.2%0.420.7%
23188$419,200$1,8105.2%0.421.4%
23081$419,200$1,7505.0%17.4%

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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

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