22401 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Fredericksburg City County
Centroid: Latitude 38.296, Longitude -77.485
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 22401 has segments in 2 Counties / Independent Cities (Fredericksburg City, Spotsylvania).

Businesses Addresses: 1,764
PO Box Addresses: 0
Residential Addresses: 11,290

Multi-Family Addresses: 2,610
Single Family Addresses: 8,680

The ZIP Code maps and database are updated 4 times per year.
Database updated: April 1, 2020, Maps updated: May 1, 2020.

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Fredericksburg, VA 22401 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX
Fredericksburg, VA 22401 Housing Affordability Index is 98 State of Virginia Housing Affordability Index is 126
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX
Fredericksburg, VA 22401 Wealth Index is 86 State of Virginia Wealth Index is 124
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties / Independent Cities, and ZIP Codes.

POPULATION
Total Population	28,222 (100%)
Population in Households	25,573 (90.6%)
Population in Families	16,796 (59.5%)
Population in Group Quarters¹	2,649 ( 9.4%)
Population Density	2,625
Diversity Index²	64

INCOME
Median Household Income	$65,684
Average Household Income	$93,549
Per Capita Income	$36,996
Wealth Index⁴	86

HOUSING
Total Housing Units	11,913 (100%)
Owner Occupied HU	4,025 (33.8%)
Renter Occupied HU	6,956 (58.4%)
Vacant Housing Units	932 ( 7.8%)
Median Home Value	$352,016
Housing Affordability Index³	98

HOUSEHOLDS
Total Households	10,981
Average Household Size	2.33
Family Households	5,532
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Fredericksburg, VA 22401 - Peer Comparisons by Rank and Percentile

The table below compares 22401 to the other 880 ZIP Codes in Virginia by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2010-2019	2019-2024
Population	1.63%	1.36%
Households	1.57%	1.24%
Families	1.41%	1.12%
Median Household Income		3.08%
Per Capita Income		2.49%

Variable Description	Rank	Percentile
Total Population	# 113	87th
Population Density	# 111	88th
Diversity Index	# 92	90th
Median Household Income	# 279	68th
Per Capita Income	# 219	75th

Fredericksburg, VA 22401 ZIP Code Profile

ZIP Code 22401: Basic Data & USPS Preferred City Name

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Fredericksburg, VA 22401 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

WEALTH INDEX

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Fredericksburg, VA 22401 - Peer Comparisons by Rank and Percentile

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