Housing market/Virginia/ZIP 22923

ACS 2023 · FY2027 SAFMR

ZIP 22923 Barboursville, Orange County, Virginia

Orange County, VA · Virginia. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
6,727
Households
2,632
Median HH income
$108,796
Renter share
30.1%
Median gross rent
$1,759
Vacancy
6.3%
Pop. change
+32.2%
2BR SAFMR
$1,760
SAFMR / rent
1.001×
2–49 unit stock
305
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 22923 · VA — sent to you.

ZIP 22923 · VA

ACS median rent$1,759
2BR SAFMR$1,760
90% floor$1,584
110% ceiling$1,936

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 22923

  • 1-unit detached2,22979.4%
  • 1-unit attached722.6%
  • 5–49 units30510.9%
  • 50+ units923.3%
  • Mobile1114.0%
TypeUnitsShare
1-unit detached2,22979.4%
1-unit attached722.6%
2 units (duplex)00.0%
3–4 units00.0%
5–9 units1264.5%
10–19 units1244.4%
20–49 units552.0%
50+ units923.3%
Mobile1114.0%

2–4 unit share 0.0% · 5–49 unit share 10.9% · combined 2–49 10.9%.

Units by bedrooms

Studio
45
1BR
208
2BR
477
3BR
1,393
4BR
577
5+
109

Rent burden

Rent ≥30% of income26.8%
Rent ≥50% of income10.7%
  • ACS median gross rent $1,759 (all bedrooms, occupied rentals).
  • Median contract rent $1,457.
  • Renters paying ≥30% of income 26.8%; ≥50% 10.7%.
  • FY2027 2BR SAFMR $1,760 (1.001× ACS median gross rent).

Population

6,727 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +32.2%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 61 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 22923 30.1% of occupied households are renters; vacancy is 6.3%; ACS median gross rent is $1,759; population increased +32.2% between the 2018 and 2023 ACS vintages; the housing stock includes 0 units in 2–4-unit structures and 305 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,760 versus ACS median gross rent of $1,759. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Virginia research

ZIP 22923 is a Census / HUD profile for Orange County, VA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Virginia research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 22923?

ZIP 22923 (Orange County, VA) has 6,727 residents, 2,632 households, a renter share of 30.1%, median household income of $108,796, and ACS 2023 median gross rent of $1,759. Vacancy is 6.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 22923?

ACS counts 0 units in 2-unit buildings, 0 in 3–4 unit buildings, 126 in 5–9, 124 in 10–19, and 55 in 20–49. Combined 2–49 unit stock is 305 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 22923?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,760. See the full schedule and 90–110% payment-standard band on the ZIP 22923 — Barboursville, VA HUD Section 8 Payment Standards / SAFMR.

Does this Virginia ZIP profile include Georgia listings?

No. ZIP 22923 is Census / HUD research for Orange County, VA. Jeff Crowe CRE does not list Virginia property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.