23881 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Surry County
Centroid: Latitude 37.214, Longitude -77.071
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 23881 has segments in 2 Counties / Independent Cities (Prince George, Surry).

Businesses Addresses: 21
PO Box Addresses: 32
Residential Addresses: 836

Multi-Family Addresses: 0
Single Family Addresses: 836

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

Spring Grove, VA 23881 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	2,671 (100%)
Population in Households	2,671 (100.0%)
Population in Families	2,207 (82.6%)
Population in Group Quarters¹	0
Population Density	21
Diversity Index²	53


INCOME
Median Household Income	$53,449
Average Household Income	$64,656
% of Income for Mortgage⁴	18%
Per Capita Income	$27,475
Wealth Index⁵	57

HOUSING
Total HU (Housing Units)	1,385 (100%)
Owner Occupied HU	879 (63.5%)
Renter Occupied HU	256 (18.5%)
Vacant Housing Units	250 (18.1%)
Median Home Value	$224,353
Average Home Value	$249,972
Housing Affordability Index³	146

HOUSEHOLDS
Total Households	1,135
Average Household Size	2.35
Family Households	775
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.

Spring Grove, VA 23881 - Peer Comparisons by Rank and Percentile

The table below compares 23881 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	0.61%	0.28%
Households	0.65%	0.3%
Families	0.52%	0.21%
Median Household Income		0.98%
Per Capita Income		1.41%
Owner Occupied HU		0.36%

Variable Description	Rank	Percentile
Total Population	# 469	46th
Population Density	# 777	11th
Median Household Income	# 462	47th
Housing Affordability Index	# 261	30th
Per Capita Income	# 486	44th
Diversity Index	# 264	70th

Spring Grove, VA 23881 ZIP Code Profile

ZIP Code 23881: Basic Data & USPS Preferred City Name

Spring Grove, VA 23881 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Spring Grove, VA 23881 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 23881

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