Location: Richmond County, VA | Metro: Richmond County, VA
| Unit Size | Monthly FMR |
|---|---|
| Studio | $870 |
| 1 Bedroom | $870 |
| 2 Bedrooms | $1,140 |
| 3 Bedrooms | $1,470 |
| 4 Bedrooms | $1,650 |
| 5 Bedrooms | $1,914 |
| 6 Bedrooms | $2,144 |
| 7 Bedrooms | $2,316 |
| 8 Bedrooms | $2,432 |
U.S. Census Bureau data (2024)
ZIP Code 22472 in Haynesville, VA, serves a correctional facility in Richmond County. The total population is 1,023, with every resident counted living in institutional group quarters. This unique characteristic makes the ZIP code distinct from typical residential areas.
The median household income and median home value data are not applicable for ZIP 22472 due to its specialized nature. However, the Federal Market Rent (FMR) for the metro area for fiscal year 2026 is set at $1,130. Given that there are no market rents reported, the FMR represents the only relevant rental figure for this ZIP code.
In terms of voucher economics, landlords and small-portfolio investors should focus on the FMR as a benchmark for rent pricing. With no market rent data available, the FMR is the standard rate for Section 8 vouchers in this ZIP code. There are 5 businesses in the area, but employment data shows an employment rate of 0%, indicating that the primary economic activity revolves around the correctional facility.
The data signature for ZIP 22472 reads as stable. The population is consistent, and the economic activity is centered around the correctional facility, which is unlikely to change significantly in the short term. Investors should be aware that the unique demographic makeup of this ZIP code means that traditional investment metrics may not apply.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.