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The Fan (Tract 040500)

Richmond, Virginia

FIPS 51760040500

Juniper

The Fan (Tract 040500) is in the lowest 6% nationally for FEMA risk score. It also sits in the highest 13% nationally for typical home value. And it sits in the highest 15% nationally for home price against income.

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

$784,943

Higher than 87% of U.S. tracts
Home Price Growth, Past Five Years

40%

Lower than 77% of U.S. tracts
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

6.2

Lower than 94% of U.S. tracts

The basics

Total Population

2,899

Median Age

34.5

Population Density

12,313.84

Home values & property tax

Median Property Tax

$7,045

Property Tax Rateyearly tax as a share of home value

1%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

6.37×

Higher than 85% of U.S. tracts
Median Income

$108,158

Higher than 77% of U.S. tracts
Median Rent

$1,589

Higher than 63% of U.S. tracts

Home prices & appreciation

Home Price Growth, Past Year

-0.77%

Lower than 74% of U.S. tracts
Pandemic Price Run-Up2019–20 low → 2022–23 peak

25%

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

10%

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)

47.1

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

The Fan (Tract 040500): frequently asked questions

What is the typical home value in The Fan (Tract 040500)?
The estimated median home value in The Fan (Tract 040500) today is $784,943, higher than 87% of U.S. tracts.
How much is property tax in The Fan (Tract 040500)?
The median annual property tax in The Fan (Tract 040500) is $7,045, an effective rate of 1% of home value.
Is The Fan (Tract 040500) expensive to live in?
Homes in The Fan (Tract 040500) cost about 6.37× the median household income, higher than 85% of U.S. tracts.
What is the average rent in The Fan (Tract 040500)?
The median gross rent in The Fan (Tract 040500) is $1,589 a month, higher than 63% of U.S. tracts.
How much have home prices grown in The Fan (Tract 040500)?
Home prices in The Fan (Tract 040500) have moved 40% over the past five years (-0.77% in the past year), per the FHFA House Price Index.
How many people live in The Fan (Tract 040500)?
The Fan (Tract 040500) has a population of 2,899, about 12,313.84 people per square mile, per the U.S. Census American Community Survey. The median age is 34.5.
What is the weather like in The Fan (Tract 040500)?
The Fan (Tract 040500) 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 The Fan (Tract 040500) at risk of flooding or natural disasters?
The Fan (Tract 040500)'s FEMA National Risk Index score is 6.2 (lower than 94% of U.S. tracts). Its greatest modeled natural hazard is inland flooding. Modeled coastal-flood loss is negligible.

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

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