23235 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Chesterfield County
Centroid: Latitude 37.502, Longitude -77.57
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 23235 has segments in 3 Counties / Independent Cities (Chesterfield, Richmond, Richmond City).

Businesses Addresses: 2,093
PO Box Addresses: 584
Residential Addresses: 14,262

Multi-Family Addresses: 1,944
Single Family Addresses: 12,318

The ZIP Code maps and database are updated 4 times per year.
Database updated: January 1, 2021, Maps updated: January 29, 2021.

Richmond, VA 23235 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	33,406 (100%)
Population in Households	32,903 (98.5%)
Population in Families	25,947 (77.7%)
Population in Group Quarters¹	503 ( 1.5%)
Population Density	1,912
Diversity Index²	53


INCOME
Median Household Income	$77,995
Average Household Income	$99,959
% of Income for Mortgage⁴	12%
Per Capita Income	$42,006
Wealth Index⁵	129

HOUSING
Total HU (Housing Units)	14,819 (100%)
Owner Occupied HU	10,159 (68.6%)
Renter Occupied HU	3,871 (26.1%)
Vacant Housing Units	789 ( 5.3%)
Median Home Value	$232,348
Average Home Value	$287,637
Housing Affordability Index³	196

HOUSEHOLDS
Total Households	14,030
Average Household Size	2.35
Family Households	8,867
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 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.

Richmond, VA 23235 - Peer Comparisons by Rank and Percentile

The table below compares 23235 to the other 865 ZIP Codes in Virginia by rank and percentile using July 1, 2020 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	2010-2020	2020-2025
Population	0.93%	0.81%
Households	1.02%	0.85%
Families	0.78%	0.69%
Median Household Income		1.01%
Per Capita Income		1.89%
Owner Occupied HU		0.75%

Variable Description	Rank	Percentile
Total Population	# 76	91st
Population Density	# 129	85th
Median Household Income	# 195	78th
Housing Affordability Index	# 610	71st
Per Capita Income	# 148	83rd
Diversity Index	# 262	70th

Richmond, VA 23235 ZIP Code Profile

ZIP Code 23235: Basic Data & USPS Preferred City Name

Richmond, VA 23235 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Richmond, VA 23235 - Peer Comparisons by Rank and Percentile

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