Housing market/Virginia/ZIP 23181

ACS 2023 · FY2027 SAFMR

ZIP 23181 West Point, King and Queen County, Virginia

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

Population
5,386
Households
2,229
Median HH income
$94,531
Renter share
15.8%
Median gross rent
$1,329
Vacancy
9.2%
Pop. change
+1.9%
2BR SAFMR
$1,520
SAFMR / rent
1.144×
2–49 unit stock
82
LIHTC proj / units
1 / 32
HUD assisted MF
1 / 27

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 23181 · VA — sent to you.

ZIP 23181 · VA

ACS median rent$1,329
2BR SAFMR$1,520
90% floor$1,368
110% ceiling$1,672

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

Housing stock

ACS 2023 units-in-structure · ZCTA 23181

  • 1-unit detached2,26292.1%
  • 1-unit attached120.5%
  • 2–4 units471.9%
  • 5–49 units351.4%
  • Mobile994.0%
TypeUnitsShare
1-unit detached2,26292.1%
1-unit attached120.5%
2 units (duplex)471.9%
3–4 units00.0%
5–9 units351.4%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile994.0%

2–4 unit share 1.9% · 5–49 unit share 1.4% · combined 2–49 3.3%.

Units by bedrooms

Studio
16
1BR
10
2BR
363
3BR
1,479
4BR
458
5+
129

Rent burden

Rent ≥30% of income29.2%
Rent ≥50% of income4.3%
  • ACS median gross rent $1,329 (all bedrooms, occupied rentals).
  • Median contract rent $1,079.
  • Renters paying ≥30% of income 29.2%; ≥50% 4.3%.
  • FY2027 2BR SAFMR $1,520 (1.144× ACS median gross rent).

Population

5,386 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +1.9%.

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

Assisted inventory

  • LIHTC: 1 projects, 32 units.
  • HUD project-based assisted MF: 1 properties, 27 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 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 23181 15.8% of occupied households are renters; vacancy is 9.2%; ACS median gross rent is $1,329; population increased +1.9% between the 2018 and 2023 ACS vintages; the housing stock includes 47 units in 2–4-unit structures and 35 units in 5–49-unit structures; 1 LIHTC projects totaling 32 units; FY2027 2BR SAFMR is $1,520 versus ACS median gross rent of $1,329. 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 23181 is a Census / HUD profile for King and Queen 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 23181?

ZIP 23181 (King and Queen County, VA HUD Metro FMR Area) has 5,386 residents, 2,229 households, a renter share of 15.8%, median household income of $94,531, and ACS 2023 median gross rent of $1,329. Vacancy is 9.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 23181?

ACS counts 47 units in 2-unit buildings, 0 in 3–4 unit buildings, 35 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 82 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 23181?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,520. See the full schedule and 90–110% payment-standard band on the ZIP 23181 — West Point, VA HUD Section 8 Payment Standards / SAFMR.

Does this Virginia ZIP profile include Georgia listings?

No. ZIP 23181 is Census / HUD research for King and Queen County, VA HUD Metro FMR Area. 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.