Department of Numbers

Housing Units, Population and Cost Rank Measures for Virginia

Here we explore the evolution and dynamics of the housing supply in Virginia, the relative cost of Virginia housing, the housing mix and the change in Virginia population. Housing supply here is defined as the number of housing units (i.e: houses, condos, apartments etc..). For this analysis, the Virginia population number we're most interested in is the 18 and over population since the under 18 population typically isn't a buyer or renter in the housing market. All data on this page comes from the Census ACS 1 year survey. Jump to Virginia sections: housing units, housing cost, housing mix, population.

Housing Units and 18+ Population for Virginia

The data below track the total number of housing units in Virginia, the total 18 and over population in Virginia and the ratio of the 18 and over Virginia population to the number of housing units. Over the past 5 years, the number of Virginia housing units increased by 3.36% while the 18 and over population increased by 3.39%. As a result, the ratio of the 18 and over population to housing units increased from 1.874 to 1.875. A lower population to housing units ratio means there are more housing units available per person in the region.

2019 1 Year Change 5 Year Change
Virginia Housing Units 3,562,258 +0.66% +3.36%
Virginia 18+ Population 6,677,914 +0.45% +3.39%
Virginia 18+ Pop. / Units 1.875 -0.004 +0.001

Virginia 18+ Population to Units Ratio Trends: Virginia, US

Virginia Housing Units and 18+ Population History

Date Virginia Housing Units Virginia 18+ Population Virginia 18+ Pop. / Units
2019 3,562,258 6,677,914 1.875
2018 3,538,985 6,648,045 1.878
2017 3,512,917 6,601,939 1.879
2016 3,491,185 6,544,248 1.874
2015 3,468,952 6,513,179 1.878
2014 3,446,585 6,458,752 1.874
2013 3,412,577 6,396,074 1.874
2012 3,398,389 6,331,235 1.863
2011 3,387,801 6,243,511 1.843
2010 3,368,674 6,170,996 1.832
2009 3,330,481 6,037,742 1.813
2008 3,306,473 5,950,753 1.800

more history ...

Virginia Relative Housing Cost Percentile by Price and Rent

This data shows where Virginia falls in the distribution of home prices and rent compared to other states (and D.C.). The higher the percentile, the more expensive the region is compared to the rest of the country. In 2019, Virginia was at the 76.47% percentile for home prices and the 82.35% percentile for the cost of rent. Over the past 5 years, Virginia home prices have become less expensive compared to the rest of the country and rent in Virginia has become less expensive over the past 5 years relative to the rest of the country.

Virginia Home Price and Rent Percentile

2019 1 Year Change
(delta)		 5 Year Change
(delta)
Virginia Home Price Percentile 76.47% 0.00% -1.96%
Virginia Rent Percentile 82.35% 0.00% -3.92%

Virginia Trends in Home Price and Rent Percentile: Virginia, US

Virginia Home Price and Rent Percentile History

Date Virginia Home Price Percentile Virginia Rent Percentile
2019 76.47% 82.35%
2018 76.47% 82.35%
2017 78.43% 80.39%
2016 76.47% 82.35%
2015 76.47% 84.31%
2014 78.43% 86.27%
2013 78.43% 86.27%
2012 80.39% 86.27%
2011 80.39% 90.20%
2010 80.39% 88.24%
2009 78.43% 84.31%
2008 76.47% 78.43%

more history ...

Virginia Housing Units: Owner Occupied, Renter Occupied and Vacant

The data below shows the number of housing units in Virginia by type. Over the past 5 years, the number of housing units held by owner occupiers increased by 4.76% while the total number of rented units in Virginia increased by 1.13%. Units that were vacant1 increased by 2.11% over the last 5 years.

Virginia Changes in Owned, Rented and Vacant Units

2019 1 Year Change 5 Year Change
Virginia Owner Occ. Units 2,110,713 +0.84% +4.76%
Virginia Renter Occ. Units 1,081,134 -0.11% +1.13%
Virginia Vacant Units 370,411 +1.91% +2.11%

Virginia Housing Share Trends: Owned, Rented and Vacant: Owned, Rented, Vacant

The chart below shows the share of each housing type in Virginia as a fraction of total housing units.

Virginia Owned, Rented and Vacant Units History

Date Virginia Owner Occ. Units Virginia Renter Occ. Units Virginia Vacant Units
2019 2,110,713 1,081,134 370,411
2018 2,093,205 1,082,319 363,461
2017 2,077,417 1,043,463 392,037
2016 2,037,641 1,083,051 370,493
2015 2,019,869 1,087,026 362,057
2014 2,014,812 1,069,008 362,765
2013 2,005,192 1,050,671 356,714
2012 2,010,442 1,028,525 359,422
2011 2,013,595 977,055 397,151
2010 2,025,240 967,492 375,942
2009 2,024,529 946,960 358,992
2008 2,034,269 926,814 345,390

more history ...

Virginia Population

This data shows the population of Virginia for the under 18 category and the 18 and over category. In the last 5 years the under 18 population has decreased by 0.53% while the 18 and over population has increased by 3.39%.The total population of Virginia has increased by 2.51% in the last 5 years.

Changes in Virginia Population

2019 1 Year Change 5 Year Change
Virginia Population Under 18 1,857,605 -0.64% -0.53%
Virginia Population 18+ 6,677,914 +0.45% +3.39%
Virginia Total Population 8,535,519 +0.21% +2.51%

Virginia Population Age Share: Under 18, 18 and Over: 18+, Under 18

Virginia Population History

Date Virginia Population Under 18 Virginia Population 18+ Virginia Total Population
2019 1,857,605 6,677,914 8,535,519
2018 1,869,640 6,648,045 8,517,685
2017 1,868,081 6,601,939 8,470,020
2016 1,867,560 6,544,248 8,411,808
2015 1,869,814 6,513,179 8,382,993
2014 1,867,537 6,458,752 8,326,289
2013 1,864,331 6,396,074 8,260,405
2012 1,854,632 6,331,235 8,185,867
2011 1,853,093 6,243,511 8,096,604
2010 1,853,621 6,170,996 8,024,617
2009 1,844,848 6,037,742 7,882,590
2008 1,818,336 5,950,753 7,769,089

more history ...

1. The Census defines a vacant unit as belonging to the following set: For rent, Rented not occupied, For sale only, Sold not occupied, For seasonal or recreational or other occasional use, For migrant workers, Other vacant. ↩

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