Housing market/Virginia/ZIP 24622

ACS 2023 · FY2027 SAFMR

ZIP 24622 Jewell Ridge, McDowell County, Virginia

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

Population
606
Households
289
Median HH income
$41,042
Renter share
17.0%
Median gross rent
—
Vacancy
44.3%
Pop. change
-31.0%
2BR SAFMR
$1,130
SAFMR / rent
—
2–49 unit stock
—
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 24622 · VA — sent to you.

ZIP 24622 · VA

2BR SAFMR$1,130
90% floor$1,017
110% ceiling$1,243

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

Housing stock

ACS 2023 units-in-structure · ZCTA 24622

  • 1-unit detached42581.9%
  • 1-unit attached91.7%
  • Mobile8516.4%
TypeUnitsShare
1-unit detached42581.9%
1-unit attached91.7%
2 units (duplex)00.0%
3–4 units00.0%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile8516.4%

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

Units by bedrooms

Studio
0
1BR
6
2BR
201
3BR
211
4BR
101
5+
0

Rent burden

Rent ≥30% of income24.5%
Rent ≥50% of income18.4%
  • Renters paying ≥30% of income 24.5%; ≥50% 18.4%.

Population

606 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -31.0%.

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 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 24622 17.0% of occupied households are renters; vacancy is 44.3%; population changed -31.0% between the 2018 and 2023 ACS vintages; the housing stock includes 0 units in 2–4-unit structures and 0 units in 5–49-unit structures. 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 24622 is a Census / HUD profile for McDowell 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 24622?

ZIP 24622 (McDowell County, WV) has 606 residents, 289 households, a renter share of 17.0%, median household income of $41,042, and ACS 2023 median gross rent of —. Vacancy is 44.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 24622?

ACS counts 0 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 — units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 24622?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,130. See the full schedule and 90–110% payment-standard band on the ZIP 24622 — Jewell Ridge, VA HUD Section 8 Payment Standards / SAFMR.

Does this Virginia ZIP profile include Georgia listings?

No. ZIP 24622 is Census / HUD research for McDowell County, WV. 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.