Housing market/Virginia/ZIP 22968

ACS 2023 · FY2027 SAFMR

ZIP 22968 Ruckersville, 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
10,603
Households
3,816
Median HH income
$83,429
Renter share
18.6%
Median gross rent
$1,206
Vacancy
3.6%
Pop. change
-1.9%
2BR SAFMR
$1,650
SAFMR / rent
1.368×
2–49 unit stock
139
LIHTC proj / units
2 / 98
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 22968 · VA — sent to you.

ZIP 22968 · VA

ACS median rent$1,206
2BR SAFMR$1,650
90% floor$1,485
110% ceiling$1,815

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

Housing stock

ACS 2023 units-in-structure · ZCTA 22968

  • 1-unit detached3,51388.8%
  • 1-unit attached1634.1%
  • 2–4 units160.4%
  • 5–49 units1233.1%
  • 50+ units441.1%
  • Mobile982.5%
TypeUnitsShare
1-unit detached3,51388.8%
1-unit attached1634.1%
2 units (duplex)00.0%
3–4 units160.4%
5–9 units862.2%
10–19 units370.9%
20–49 units00.0%
50+ units441.1%
Mobile982.5%

2–4 unit share 0.4% · 5–49 unit share 3.1% · combined 2–49 3.5%.

Units by bedrooms

Studio
0
1BR
0
2BR
331
3BR
2,567
4BR
793
5+
266

Rent burden

Rent ≥30% of income52.0%
Rent ≥50% of income24.0%
  • ACS median gross rent $1,206 (all bedrooms, occupied rentals).
  • Median contract rent $1,077.
  • Renters paying ≥30% of income 52.0%; ≥50% 24.0%.
  • FY2027 2BR SAFMR $1,650 (1.368× ACS median gross rent).

Population

10,603 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: 2 projects, 98 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 54 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 22968 18.6% of occupied households are renters; vacancy is 3.6%; ACS median gross rent is $1,206; population changed -1.9% between the 2018 and 2023 ACS vintages; the housing stock includes 16 units in 2–4-unit structures and 123 units in 5–49-unit structures; 2 LIHTC projects totaling 98 units; FY2027 2BR SAFMR is $1,650 versus ACS median gross rent of $1,206. 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 22968 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 22968?

ZIP 22968 (Orange County, VA) has 10,603 residents, 3,816 households, a renter share of 18.6%, median household income of $83,429, and ACS 2023 median gross rent of $1,206. Vacancy is 3.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 22968?

ACS counts 0 units in 2-unit buildings, 16 in 3–4 unit buildings, 86 in 5–9, 37 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 139 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 22968?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,650. See the full schedule and 90–110% payment-standard band on the ZIP 22968 — Ruckersville, VA HUD Section 8 Payment Standards / SAFMR.

Does this Virginia ZIP profile include Georgia listings?

No. ZIP 22968 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.