23069 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Hanover County
Centroid: Latitude 37.781, Longitude -77.31
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 23069 has segments in 3 Counties / Independent Cities (Caroline, Hanover, King William).

Businesses Addresses: 104
PO Box Addresses: 144
Residential Addresses: 1,280

Multi-Family Addresses: 0
Single Family Addresses: 1,280

The ZIP Code maps and database are updated 4 times per year.
Database updated: July 1, 2022, Maps updated: May 5, 2022.

Hanover, VA 23069 Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	3,498 (100%)
Population in Households	3,245 (92.8%)
Population in Families	2,767 (79.1%)
Population in Group Quarters¹	253 ( 7.2%)
Population Density	57
Diversity Index²	46


INCOME
Median Household Income	$92,304
Average Household Income	$114,143
% of Income for Mortgage⁴	17%
Per Capita Income	$39,777
Wealth Index⁵	132

HOUSING
Total HU (Housing Units)	1,219 (100%)
Owner Occupied HU	1,041 (85.4%)
Renter Occupied HU	90 ( 7.4%)
Vacant Housing Units	88 ( 7.2%)
Median Home Value	$305,053
Average Home Value	$355,740
Housing Affordability Index³	157

HOUSEHOLDS
Total Households	1,131
Average Household Size	2.87
Family Households	826
Average Family Size	3.00

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 races 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 % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
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.

Hanover, VA 23069 - Peer Comparisons by Rank and Percentile

The table below compares 23069 to the other 868 ZIP Codes in Virginia by rank and percentile using July 1, 2022 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	2020-2022	2022-2027
Population	0.88%	0.64%
Households	0.92%	0.66%
Families		0.55%
Median Household Income		2.57%
Per Capita Income		3.15%
Owner Occupied HU		0.74%

Variable Description	Rank	Percentile
Total Population	# 414	52nd
Population Density	# 507	41st
Median Household Income	# 172	80th
Housing Affordability Index	# 626	72nd
Per Capita Income	# 309	65th
Diversity Index	# 414	52nd

23069 ZIP Code Profile, Map, Data & Demographics

ZIP Code 23069: Basic Data & USPS Preferred City Name

Hanover, VA 23069 Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Hanover, VA 23069 - Peer Comparisons by Rank and Percentile

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