Counties / Virginia / Dinwiddie County

Dinwiddie County, VA

FIPS 51053 · population 28,191 · part of Richmond, VA

$305k
Zillow home value · 2026-06
The numbers

What this county costs and earns

Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.

Zillow home value
$305k
▲ 6.0% year over year
Zillow ZHVI · direct
ACS median gross rent
$1,224
occupied-unit survey; not current asking rent
Census ACS · surveyed
Gross yield
n/a
gross yield cannot be computed without measured market rent
requires both measured price and measured rent
HUD 2-bed standard
$1,655
the Section 8 payment standard
HUD Fair Market Rent · direct
Independent price check

Do two methods point the same way?

Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.

Both annual signals move in the same direction
FHFA five-year cumulative+53.4%not annualized · through 2025
0%ZILLOW ZHVI2026-06+6.0%FHFA HPI2025+4.5%
Annual changes use different methods and may use different periods. The comparison checks direction and magnitude; it does not create a blended estimate. Zillow county ZHVI pulled 2026-07-26; FHFA annual county HPI pulled 2026-07-28.
Owner-reported value$258k
Surveyed gross rent$1,224
Rent burden 30%+43.1%
Median year built1987
Housing composition

Who occupies the stock—and what it is

ACS 2024 5-year
11.0%vacant
11,982estimated housing units
Occupied tenure20.4% renter
owner 79.6%renter 20.4%
Structure mix84.4% single-family
Single-family 84.4%20+ units 0.2%Mobile home 11.4%Other 3.9%
ACS estimates describe the standing housing stock and occupied tenure. They do not measure current listings, transaction prices or asking rents.

Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.

Annual average covered jobs9,269▼ 10.2% from the prior annual release
Covered establishments546annual average reporting locations
Average weekly wage$1,244▼ 5.6% from the prior annual release
Largest private supersectorTrade, transportation, and utilities47.2% of disclosed private covered jobs
Local labor base

Jobs, pay and private-sector concentration

2025
0%COVERED JOBS−10.2%WEEKLY WAGE−5.6%Trade, transportation, and utilities47.2%
Annual QCEW counts cover jobs located at reporting establishments. The industry share uses disclosed private covered employment; it is not a resident-employment measure or a forecast.

Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2025 vs 2024 · pulled 2026-07-31. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.

County brief

What the local evidence says

01Decision frame

Dinwiddie County’s decision tension is positive price measures against weaker covered employment: buyers who need stable household demand should investigate labor exposure before treating appreciation as an underwriting input. Zillow’s county median home value was $304,811 in 2026-06, up 5.96% year over year. FHFA’s repeat-transaction HPI separately rose 4.49% in 2025. It corroborates direction, but is neither a dollar home value nor the same vintage or method as Zillow.

02Housing economics

Cash flow remains unmeasured: county market asking rent is not published, so gross yield cannot be computed. HUD’s two-bedroom FMR of $1,655 per month is a payment standard, not a market-rent estimate. The 0.55% effective property-tax rate is a known carrying-cost input, but property-specific assessments and insurance are not published. Realtor.com’s MLS listing-market evidence at 2026-06 showed visible active supply up 87.93%, 42 median days on market, and 18.92% of listings reduced in price; these are marketing and concession indicators, not closed sales or proof of demand.

03Demand & competition

Tax-return migration was a net 161 households, but movers’ inbound average AGI was $652 below outbound average AGI, a calculation that limits what net inflow says about purchasing power. Non-occupants accounted for four of 318 purchase mortgages, a limited measured share that does not identify buyer type. QCEW’s 2025 annual workplace data show average covered employment down 10.16%; it is not resident employment or an unemployment series. Trade, transportation, and utilities was the largest disclosed private supersector, not the whole economy.

04Risk & next checks

Inland flood is the stated dominant hazard. The modeled 0.08% annual expected building-value loss should be evaluated alongside that county-level hazard signal, not treated as a property-specific loss estimate. Market rent, achieved leases, vacancy, repair costs, loan terms, property insurance, parcel flood-zone information, and closed transaction prices are not published. Those gaps prevent net cash-flow, gross-yield, hazard-cost, and exit-price conclusions. Next checks are lease comparables, parcel tax and insurance quotes, flood exposure, MLS closed sales, and major-employer concentration.

Cities & communities

Where people live within Dinwiddie County

Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.

Population scale

Largest Census places

ACS 2024 5-year
Dinwiddie CDP589McKenney town518
Bars use total place population, not a county-share estimate. An asterisk marks a place that crosses a county line.
Official directory

2 Census places

Population
  1. 01
    Dinwiddie CDPCensus-designated place
    589
  2. 02
    McKenney townIncorporated place
    518

Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.

Risk, demand and competition

The three things a price does not tell you

01
Risk & carrying costFEMA NRI + Census ACS
Dominant hazardinland flooding

0.083% of building value expected lost per year

Effective property tax0.55%

$1,409 median annual bill

02
DemandIRS SOI household flows
Net migration+161

856 in · 695 out

Arriving vs leaving income−$652

$46,175 arriving · $46,827 leaving

03
CompetitionHMDA financed purchases
Purchases by investors1.3%

4 of 318 mortgages

investorother financed
Current listing pressure

What sellers and visible supply are doing

Realtor.com® Economic Research · county inventory 2026-06 · pulled 2026-07-28
Active listings55▲ 87.9% year over year
Median days on market42▲ 1.2% year over year
Listings price-reduced18.9%seller-concession signal
Median listing pricen/a▲ 7.5% year over year

Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.

No rent index is published for this county.Zillow’s county rent series does not cover every county, and estimating one from a neighbouring county would be a guess wearing a number’s clothes. Everything above is measured here; for a rent figure, the Richmond, VA page covers the wider market.
Same metro

The other counties in Richmond, VA

A metro is an average of these. Which side of a county line a property sits on can change the tax bill, the hazard profile and the tenant pool.

CountyPopulationPriceRentYieldHazard
Dinwiddie County28,191$305kn/an/ainland flooding
Chesterfield County377,869$417k$1,9265.5%inland flooding
Henrico County335,744$406k$1,8405.4%inland flooding
Richmond city229,359$375k$1,6775.4%inland flooding
Hanover County112,879$465k$2,1105.5%inland flooding
Prince George County43,146$363k$1,6585.5%inland flooding
Petersburg city33,537$202k$1,3257.9%inland flooding
Powhatan County31,555$505k$1,8924.5%inland flooding
Goochland County26,410$593k$2,0014.0%inland flooding
Bear case

What can break the county thesis

  1. Market asking rent is not published, so the observed home value cannot be tested for viable gross or net cash flow.
  2. Countywide covered-employment weakness may reflect workplace changes that do not match a target property’s tenant base.
  3. Parcel-specific inland-flood exposure, insurance, and repair costs could exceed the county-level modeled loss signal.
Underwriting questions

Before pricing a property

Can gross yield be calculated from this record?

No. Market asking rent is not published, and HUD’s $1,655 two-bedroom FMR is a payment standard rather than market rent.

What does migration say about household purchasing power?

Net migration was 161 tax-return households, but inbound movers’ average AGI was $652 below outbound movers’ average AGI; this does not establish stronger tenant demand.

How much measured non-occupant purchase activity was recorded?

Four of 318 purchase mortgages went to non-occupants. The record does not identify the type of non-occupant buyer.