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Reedtown (Tract 040801)

Virginia Beach, Virginia

FIPS 51810040801

Juniper

Reedtown (Tract 040801) is in the lowest 3% statewide for FEMA risk score. It also sits in the lowest 16% nationally for home price growth over five years. And it sits in the highest 37% nationally for median rent.

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

$296,243

Lower than 60% of U.S. tracts
Home Price Growth, Past Five Years

36%

Lower than 84% of U.S. tracts
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

0.9

Lower than 97% of Virginia tracts

The basics

Total Population

3,987

Median Age

34

Population Density

6,065.43

Home values & property tax

Median Property Tax

$2,234

Property Tax Rateyearly tax as a share of home value

0.83%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

3.92×

Near the U.S. tracts median
Median Income

$68,713

Lower than 60% of U.S. tracts
Median Rent

$1,587

Higher than 63% of U.S. tracts

Home prices & appreciation

Pandemic Price Run-Up2019–20 low → 2022–23 peak

39%

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

23%

Climate & weather

Summer Avg High (°F)

87.2

Winter Avg Low (°F)

35.5

Avg Temperature (°F)

61.6

Hot Days/yr (>90°F)

36.2

Freezing Days/yr (<32°F)

40.6

Annual Precipitation (in)

49.2

Annual Snowfall (in)

6.2

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

Reedtown (Tract 040801): frequently asked questions

What is the typical home value in Reedtown (Tract 040801)?
The estimated median home value in Reedtown (Tract 040801) today is $296,243, lower than 60% of U.S. tracts.
How much is property tax in Reedtown (Tract 040801)?
The median annual property tax in Reedtown (Tract 040801) is $2,234, an effective rate of 0.83% of home value.
Is Reedtown (Tract 040801) expensive to live in?
Homes in Reedtown (Tract 040801) cost about 3.92× the median household income, near the U.S. tracts median.
What is the average rent in Reedtown (Tract 040801)?
The median gross rent in Reedtown (Tract 040801) is $1,587 a month, higher than 63% of U.S. tracts.
How much have home prices grown in Reedtown (Tract 040801)?
Home prices in Reedtown (Tract 040801) have moved 36% over the past five years, per the FHFA House Price Index.
How many people live in Reedtown (Tract 040801)?
Reedtown (Tract 040801) has a population of 3,987, about 6,065.43 people per square mile, per the U.S. Census American Community Survey. The median age is 34.
What is the weather like in Reedtown (Tract 040801)?
Reedtown (Tract 040801) averages 61.6°F year-round, summer highs near 87.2°F, winter lows around 35.5°F (NOAA 1991–2020 normals). It sees about 6.2 inches of snow a year.
Is Reedtown (Tract 040801) at risk of flooding or natural disasters?
Reedtown (Tract 040801)'s FEMA National Risk Index score is 0.9 (lower than 97% of Virginia tracts). Its greatest modeled natural hazard is hurricane. 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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