Back to Explorer

Far West (Tract 050600)

Richmond, Virginia

FIPS 51760050600

Juniper

Far West (Tract 050600) is in the lowest 13% nationally for FEMA risk score. It also sits in the highest 1% nationally for median income. And it sits in the highest 2% nationally for typical home value.

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

$1,536,516

Higher than 98% of U.S. tracts
Home Price vs Incomeyears of income to buy a typical home

5.45×

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

13.6

Lower than 87% of U.S. tracts

The basics

Total Population

2,496

Median Age

58.2

Population Density

1,331.1

Home values & property tax

Median Property Tax

$10,001

Property Tax Rateyearly tax as a share of home value

The Census publishes home values only up to $2 million and incomes up to $250,000, so this ratio cannot be worked out for the most expensive areas.

Cost of living & affordability

Median Income

$236,563

Higher than 99% of U.S. tracts
Median Rent

$1,643

Higher than 66% of U.S. tracts

Home prices & appreciation

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

5.7%

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

Far West (Tract 050600): frequently asked questions

What is the typical home value in Far West (Tract 050600)?
The estimated median home value in Far West (Tract 050600) today is $1,536,516, higher than 98% of U.S. tracts.
How much is property tax in Far West (Tract 050600)?
The median annual property tax in Far West (Tract 050600) is $10,001.
Is Far West (Tract 050600) expensive to live in?
Homes in Far West (Tract 050600) cost about 5.45× the median household income, higher than 77% of U.S. tracts.
What is the average rent in Far West (Tract 050600)?
The median gross rent in Far West (Tract 050600) is $1,643 a month, higher than 66% of U.S. tracts.
How many people live in Far West (Tract 050600)?
Far West (Tract 050600) has a population of 2,496, about 1,331.1 people per square mile, per the U.S. Census American Community Survey. The median age is 58.2.
What is the weather like in Far West (Tract 050600)?
Far West (Tract 050600) 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 Far West (Tract 050600) at risk of flooding or natural disasters?
Far West (Tract 050600)'s FEMA National Risk Index score is 13.6 (lower than 87% 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 →

TermsPrivacyData disclaimer