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Shockoe Bottom (Tract 020501)

Richmond, Virginia

FIPS 51760020501

Juniper

Shockoe Bottom (Tract 020501) is in the lowest 13% nationally for FEMA risk score. It also sits in the highest 3% nationally for home price against income. And it sits in the highest 16% nationally for typical home value.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$699,966

Higher than 84% of U.S. tracts
Home Price vs Incomeyears of income to buy a typical home

11.37×

Higher than 97% of U.S. tracts
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

13.2

Lower than 87% of U.S. tracts

The basics

Total Population

3,177

Median Age

33.6

Population Density

9,402.38

Home values & property tax

Median Property Tax

$6,836

Property Tax Rateyearly tax as a share of home value

1.2%

Cost of living & affordability

Median Income

$51,664

Lower than 82% of U.S. tracts
Median Rent

$1,414

Near the U.S. tracts median

Home prices & appreciation

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

33%

Climate & weather

Summer Avg High (°F)

87.5

Winter Avg Low (°F)

30.5

Avg Temperature (°F)

59

Hot Days/yr (>90°F)

44.9

Freezing Days/yr (<32°F)

73.5

Annual Precipitation (in)

45.5

Annual Snowfall (in)

8.8

Flood & disaster risk

Coastal Flood Loss per $1,000

$0

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

Shockoe Bottom (Tract 020501): frequently asked questions

What is the typical home value in Shockoe Bottom (Tract 020501)?
The estimated median home value in Shockoe Bottom (Tract 020501) today is $699,966, higher than 84% of U.S. tracts.
How much is property tax in Shockoe Bottom (Tract 020501)?
The median annual property tax in Shockoe Bottom (Tract 020501) is $6,836, an effective rate of 1.2% of home value.
Is Shockoe Bottom (Tract 020501) expensive to live in?
Homes in Shockoe Bottom (Tract 020501) cost about 11.37× the median household income, higher than 97% of U.S. tracts.
What is the average rent in Shockoe Bottom (Tract 020501)?
The median gross rent in Shockoe Bottom (Tract 020501) is $1,414 a month, near the U.S. tracts median.
How many people live in Shockoe Bottom (Tract 020501)?
Shockoe Bottom (Tract 020501) has a population of 3,177, about 9,402.38 people per square mile, per the U.S. Census American Community Survey. The median age is 33.6.
What is the weather like in Shockoe Bottom (Tract 020501)?
Shockoe Bottom (Tract 020501) averages 59°F year-round, summer highs near 87.5°F, winter lows around 30.5°F (NOAA 1991–2020 normals). It sees about 8.8 inches of snow a year.
Is Shockoe Bottom (Tract 020501) at risk of flooding or natural disasters?
Shockoe Bottom (Tract 020501)'s FEMA National Risk Index score is 13.2 (lower than 87% of U.S. tracts). Its greatest modeled natural hazard is inland flooding. Expected annual loss from flooding is $0 per $1,000 of building value.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap contributors (ODbL), EPA. Explore the map →

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