Housing market/Virginia/ZIP 24381
ZIP 24381 Woodlawn, Carroll County, Virginia
Carroll County-Galax city, VA HUD Nonmetro FMR Area · Virginia. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 24381 · VA — sent to you.
ZIP 24381 · VA
ACS rent vs 2BR SAFMR
ZIP 24381 — Woodlawn, VA HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 24381
- 1-unit detached1,53080.3%
- 2–4 units150.8%
- Mobile36118.9%
2–4 unit share 0.8% · 5–49 unit share 0.0% · combined 2–49 0.8%.
Units by bedrooms
Rent burden
- ACS median gross rent $588 (all bedrooms, occupied rentals).
- Median contract rent $459.
- Renters paying ≥30% of income 23.9%; ≥50% 12.3%.
- FY2027 2BR SAFMR $940 (1.599× ACS median gross rent).
Population
3,480 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: -5.8%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 1 projects, 51 units.
- 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 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 24381 19.4% of occupied households are renters; vacancy is 27.7%; ACS median gross rent is $588; population changed -5.8% between the 2018 and 2023 ACS vintages; the housing stock includes 15 units in 2–4-unit structures and 0 units in 5–49-unit structures; 1 LIHTC projects totaling 51 units; FY2027 2BR SAFMR is $940 versus ACS median gross rent of $588. 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 24381 is a Census / HUD profile for Carroll County-Galax city, VA HUD Nonmetro FMR Area, VA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 24381 — Woodlawn, VA HUD Section 8 Payment Standards / SAFMR·Virginia ZIP directory
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 24381?
ZIP 24381 (Carroll County-Galax city, VA HUD Nonmetro FMR Area) has 3,480 residents, 1,379 households, a renter share of 19.4%, median household income of $65,179, and ACS 2023 median gross rent of $588. Vacancy is 27.7%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 24381?
ACS counts 15 units in 2-unit buildings, 0 in 3–4 unit buildings, 0 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 15 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 24381?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $940. See the full schedule and 90–110% payment-standard band on the ZIP 24381 — Woodlawn, VA HUD Section 8 Payment Standards / SAFMR.
Does this Virginia ZIP profile include Georgia listings?
No. ZIP 24381 is Census / HUD research for Carroll County-Galax city, VA HUD Nonmetro 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.