23225 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Richmond City County
Centroid: Latitude 37.517, Longitude -77.501
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 23225 has segments in 2 Counties / Independent Cities (Chesterfield, Richmond City).

Businesses Addresses: 1,116
PO Box Addresses: 455
Residential Addresses: 20,077

Multi-Family Addresses: 5,589
Single Family Addresses: 14,488

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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Richmond, VA 23225 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX
Richmond, VA 23225 Housing Affordability Index is 105 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
Richmond, VA 23225 Wealth Index is 68 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	41,029 (100%)
Population in Households	40,405 (98.5%)
Population in Families	27,714 (67.5%)
Population in Group Quarters¹	624 ( 1.5%)
Population Density	2,914
Diversity Index²	69

INCOME
Median Household Income	$50,602
Average Household Income	$69,208
Per Capita Income	$31,371
Wealth Index⁴	68

HOUSING
Total Housing Units	20,040 (100%)
Owner Occupied HU	8,330 (41.6%)
Renter Occupied HU	10,225 (51.0%)
Vacant Housing Units	1,485 ( 7.4%)
Median Home Value	$236,895
Housing Affordability Index³	105

HOUSEHOLDS
Total Households	18,555
Average Household Size	2.18
Family Households	9,557
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.

Richmond, VA 23225 - Peer Comparisons by Rank and Percentile

The table below compares 23225 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	0.93%	0.71%
Households	0.71%	0.59%
Families	0.88%	0.66%
Median Household Income		2.17%
Per Capita Income		2.96%

Variable Description	Rank	Percentile
Total Population	# 43	95th
Population Density	# 103	88th
Diversity Index	# 57	94th
Median Household Income	# 546	38th
Per Capita Income	# 351	60th

Richmond, VA 23225 ZIP Code Profile

ZIP Code 23225: Basic Data & USPS Preferred City Name

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Richmond, VA 23225 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

WEALTH INDEX

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Richmond, VA 23225 - Peer Comparisons by Rank and Percentile

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