23464 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Virginia Beach City County
Centroid: Latitude 36.798, Longitude -76.178
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 23464 has segments in 2 Counties / Independent Cities (Chesapeake City, Virginia Beach City).

Businesses Addresses: 920
PO Box Addresses: 0
Residential Addresses: 28,693

Multi-Family Addresses: 2,598
Single Family Addresses: 26,095

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

Virginia Beach, VA 23464 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	74,128 (100%)
Population in Households	73,546 (99.2%)
Population in Families	62,935 (84.9%)
Population in Group Quarters¹	582 ( 0.8%)
Population Density	4,634
Diversity Index²	67


INCOME
Median Household Income	$82,120
Average Household Income	$97,351
% of Income for Mortgage⁴	14%
Per Capita Income	$35,138
Wealth Index⁵	111

HOUSING
Total HU (Housing Units)	28,184 (100%)
Owner Occupied HU	18,997 (67.4%)
Renter Occupied HU	7,748 (27.5%)
Vacant Housing Units	1,439 ( 5.1%)
Median Home Value	$269,521
Average Home Value	$290,125
Housing Affordability Index³	173

HOUSEHOLDS
Total Households	26,745
Average Household Size	2.75
Family Households	20,096
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.

Virginia Beach, VA 23464 - Peer Comparisons by Rank and Percentile

The table below compares 23464 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	0.36%	0.35%
Households	0.4%	0.35%
Families	0.29%	0.28%
Median Household Income		1.13%
Per Capita Income		1.84%
Owner Occupied HU		0.41%

Variable Description	Rank	Percentile
Total Population	# 2	100th
Population Density	# 48	95th
Median Household Income	# 169	81st
Housing Affordability Index	# 458	53rd
Per Capita Income	# 261	70th
Diversity Index	# 82	91st

Virginia Beach, VA 23464 ZIP Code Profile

ZIP Code 23464: Basic Data & USPS Preferred City Name

Virginia Beach, VA 23464 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Virginia Beach, VA 23464 - Peer Comparisons by Rank and Percentile

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