U.S. ZIP Code · VA22508
Orange County
Appreciation
- 1-year
- +1.0%
- 5-year / yr
- +5.0%
- 10-year / yr
- +5.8%
Relative price
- vs U.S.
- +49.5%
- vs metro
- —
- vs state
- +29.4%
Price history
Zillow Home Value Index — monthly, smoothed and seasonally adjusted.
The typical home in 22508 is worth $424,750. Over the past year, values have risen 1.0%. Homes here rent for a typical $2,424 a month — a 6.8% gross rental yield. The effective property tax rate is 0.6%.
#Rent & investment
Typical asking rent, and the returns it implies at the current home value.
#Property tax
Effective rate — total real estate taxes paid relative to total home value.
#Climate risk
FEMA National Risk Index ratings for Orange County. "Not Applicable" means the hazard does not threaten the county.
- Overall risk
- Very Low[4]
- Riverine flood
- Relatively Low
- Coastal flood
- Not Applicable
- Wildfire
- Very Low
- Drought
- Relatively Moderate
- Heat wave
- Relatively Low
- Hurricane
- Relatively Low
- Tornado
- Very Low
- Earthquake
- Relatively Low
- Winter weather
- Relatively Low
#Who lives here
#Migration
Household moves in and out of Orange County over a year, from IRS tax-return data.
- Net migration
- +204[5]
- Moved in
- 1,565
- Moved out
- 1,361
Schools
Open public schools in this ZIP, from the NCES Common Core of Data.
- Public schools
- 3
- Elementary
- 2
- Middle
- 1
- High
- 0
Locust Grove Middle
Middle · Grades 6–8 · Orange County Public Schools
679 students
Locust Grove Elementary
Elementary · Grades 3–5 · Orange County Public Schools
518 students
Locust Grove Primary
Elementary · Grades PK–2 · Orange County Public Schools
484 students
Run the numbers
Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.
Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.
Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.
Renting is meaningfully cheaper month-to-month.
This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.
#Metro ranking
Where this ZIP sits among others in its metro area.
Frequently asked
- How much is a home worth in ZIP code 22508?
- The typical home in 22508 is worth $424,750, based on the Zillow Home Value Index.
- Are home values rising in 22508?
- Home values in 22508 are up 1.0% over the past year, and up 5.0% a year over five years.
- What is the typical rent in 22508?
- A typical home in 22508 rents for about $2,424 a month, a gross rental yield of 6.8%.
- What is the property tax rate in 22508?
- The effective property tax rate in 22508 is 0.6% — roughly $2,761 a year on a typical home.
- Who lives in 22508?
- ZIP code 22508 has a population of 15,557 and a median household income of $111,357.
Compare ZIPs
Pit ZIP 22508 against any other ZIP — full side-by-side table.
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