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Rental Insights for ZIP Code 23149 (Saluda, VA)

Housing Rentals in ZIP Code 23149 (Saluda, VA)

23149 ZIP Code in Virginia

A Detailed Snapshot of Renters in the ZIP Code 23149

The 23149 ZIP Code is predominantly located in Saluda, VA in Middlesex County. The estimated median housing rent in this Virginia region is $942 per month. Approximately 36.5% of housing units in this Middlesex County ZIP Code are renter-occupied, and the region has an estimated rental vacancy rate of 4.0%.

The median rent in ZIP Code 23149 of $942 per month is 24% lower than the aggregate Virginia median monthly rent of $1,234, and is 11% lower than the $1,062 the median monthly rent in the U.S. overall. About 57.2% of residents in ZIP Code 23149 pay between $500 and $999 per month for rent. That is 111% higher than in Virginia overall, in which 27.1% of total state residents pay between $500 and $999 per month for housing. Just 14.7% of renters in ZIP Code 23149 pay between $1,500 and $1,999 for monthly rent.

ZIP Code 23149 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 23149

See the chart below for a comparison of monthly rental costs in ZIP Code 23149, Virginia, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 23149 along with those in the state of Virginia and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 23149

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 23149 Virginia U.S.
Less than $500 0.0% 7.5% 9.4%
$500 to $999 57.2% 27.1% 36.2%
$1,000 to $1,499 28.1% 30.1% 30.0%
$1,500 to $1,999 14.7% 20.2% 14.0%
$2,000 to $2,499 0.0% 8.8% 5.6%
$2,500 to $2,999 0.0% 3.5% 2.4%
$3,000 or more 0.0% 2.8% 2.4%

Rent Cost vs. Income in ZIP Code 23149

Renters in ZIP Code 23149 use an estimated 19.58% of their income to cover their monthly rent payments. That is about 34% lower than in Virginia overall. The estimate for Virginia overall is 29.45% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 23149 renters use about 34% less of their income to cover rent expense. Household income figures for ZIP Code 23149 come in lower than in Virginia as a whole. The median annual household income in ZIP Code 23149 of $68,906 sits approximately 7% lower than the overall Virginia median income of $74,222 and approximately 10% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 23149

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 23149, Virginia, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 23149 along with the same calculations in the state of Virginia and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 23149

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 23149 Virginia U.S.
Less than 15.0 percent 25.5% 12.7% 13.1%
15.0 to 19.9 percent 30.5% 13.7% 12.9%
20.0 to 24.9 percent 32.7% 14.0% 12.9%
25.0 to 29.9 percent 3.1% 11.8% 11.6%
30.0 to 34.9 percent 0.0% 9.3% 9.1%
35.0 percent or more 8.2% 38.5% 40.5%

Household Income in ZIP Code 23149

See the table below for the regional comparison of annual household income in ZIP Code 23149.

Income ZIP 23149 Virginia U.S.
Less than $10,000 2.6% 5.1% 6.0%
$10,000 to $14,999 8.6% 3.4% 4.3%
$15,000 to $24,999 7.7% 7.2% 8.9%
$25,000 to $34,999 3.6% 7.4% 8.9%
$35,000 to $49,999 10.6% 11.0% 12.3%
$50,000 to $74,999 23.5% 16.4% 17.2%
$75,000 to $99,999 24.9% 13.0% 12.7%
$100,000 to $149,999 8.5% 17.0% 15.1%
$150,000 to $199,999 2.5% 8.7% 6.8%
$200,000 or more 7.6% 10.9% 7.7%

Household Income in ZIP Code 23149

See the chart below for a comparison of annual household income figures in ZIP Code 23149, Virginia, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 23149 alongside the same figures for the state of Virginia and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 23149

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 23149.

ZIP 23149 Virginia U.S.
Median Housing Rent $942 $1,234 $1,062
Renter-Occupied Housing Units 36.5% 33.7% 36.0%
Rental Vacancy Rate 4.0% 5.4% 6.0%
Average Size of Renter-Occupied Unit 2.90 2.48 2.49
Average # of Bedrooms Per Unit 3.15 2.97 2.75
Percent of Income Spent on Rent 19.58% 29.45% 29.83%
Per Capita Income $30,776 $39,278 $34,103
Median Household Income $79,503 $101,746 $88,607
Living Below the Poverty Line 3.9% 7.1% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 23149

In ZIP Code 23149 (Saluda, VA), and estimated 36.5% of housing units are occupied by renters. This region has an approximate rental vacany rate of 4.0%.

The per capita income in 23149 is estimated at $30,776, which goes along with an estimated median household income of $79,503. About 3.9% of residents in this Middlesex County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.90 occupants, while the units have an aggregate average size of 3.15 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 19.58% of their income on housing rental costs.

Rental FAQs for ZIP Code 23149

1

What is the median monthly rent in ZIP Code 23149?

Median rent for housing in ZIP Code 23149 in Middlesex County in Virginia is approximately $942 per month.
2

Is it expensive to rent in ZIP Code 23149?

Rent in ZIP Code 23149 is lower than average in the state of Virginia overall. The median monthly rent of $942 in ZIP Code 23149 is approximately 24% lower than the Virginia median of $1,234. Additionally, median rent in this Saluda, VA region ($942) is about 11% lower than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 23149?

High-priced rentals are not common in the Saluda, VA ZIP Code of 23149, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of Virginia overall, approximately 2.8% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 23149?

Affordable rentals are more common in ZIP Code 23149 than in Virginia overall. The percentage of housing rentals in ZIP Code 23149 costing $999 or less per month (57.2%) is approximately 65% higher than the Virginia rate of 34.6% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 25% lower than the previously mentioned 23149 rate of 57.2%.
5

What is the most common cost range that rentals fall into in ZIP Code 23149?

The most common range for rental cost in ZIP Code 23149 is between $500 and $999 per month. About 57.2% of renters in 23149 pay in this range for monthly rent. In comparison, approximately 27.1% of renters in the state of Virginia fall in the between $500 and $999 range, and 36.2% of overall U.S. renters fall in this range.
6

Does ZIP Code 23149 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 23149 is lower than the rental vacancy rate in the state of Virginia overall. Rental vacancy of 4.0% in ZIP Code 23149 is about 26% lower than the Virginia rate of 5.4%. Looking more broadly, rental vacancy in this Saluda, VA region (4.0%) is an estimated 33% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 23149? How does it compare to other Virginia regions?

Median household income in ZIP Code 23149 is lower than in the state of Virginia overall. Annual household income of $68,906 in ZIP Code 23149 is about 7% lower than the Virginia median of $74,222. Additionally, median household income in this Saluda, VA region ($68,906) is approximately 10% higher than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 23149 spend on housing costs?

Renters in ZIP Code 23149 spend a lower amount of their income on rent costs than do renters in Virginia overall. Renters in ZIP Code 23149 spend an estimated 19.58% of their income on rent payments, which is about 34% lower than the overall Virginia estimated rate of 29.45%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 34% higher than the ZIP Code 23149 estimated rate of 19.58%.
9

Do renters in ZIP Code 23149 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 23149 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 23149 spending 30 percent or more of their income on rent costs (8.2%) is approximately 83% lower than the Virginia rate of 47.8% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 83% higher than the aforementioned 23149 rate of 8.2%.
10

What is the average household size of renter-occupied units in ZIP Code 23149?

The average household size of renter-occupied units in ZIP Code 23149 is higher than in the state of Virginia overall. Annual household size of 2.90 in ZIP Code 23149 is about 17% higher than the Virginia median of 2.48. Additionally, median household size in this Saluda, VA region (2.90) is approximately 16% higher than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other Virginia ZIP Codes