Richmond, VA · standard
ZIP Code 23224
Richmond County, Virginia — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 33,461
- 1,108/sq mi
- $50,475
- Median income
- $207,500
- Median home value
- 22.7%
- Bachelor's or higher
The verdict
Richmond pairs one of the lowest household incomes in the country with below-median home values, in a low-density, renter-heavy area.
- 15th pct
- household income, US ZIPs
- 45th pct
- home value, US ZIPs
- 1,108
- people per sq mi
- 36%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 23224 against every reporting US ZIP.
ZIP code 23224 is classified by USPS as a standard delivery area and covers roughly 30.2 square miles in Richmond, Richmond County, Virginia. The area is home to 33,461 residents, producing a population density of 1,108 people per square mile, and falls within the New York time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 23224 against Virginia and the nation.
On the economic side, the median household income for ZIP 23224 sits at $50,475 (41% below the Virginia average), while per-capita income is $28,584. The poverty rate stands at 26.4% and the unemployment rate at 6.4%. On housing, the median home value is $207,500 (38% below the state average) with median rent at $1,314 per month, and 36.4% of occupied units are owner-occupied, a direct signal of whether 23224 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 22.7% of adults hold a bachelor's degree or higher, the median age is 33.9, and the average commute is 26 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Richmond County, so you can benchmark 23224 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →
Top industries in ZIP 23224
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 23224.
- Retail trade
Retail trade
140 establishments
- Other services (except public administration)
Other services (except public administration)
110 establishments
- Construction
Construction
99 establishments
- Accommodation and food services
Accommodation and food services
67 establishments
- Wholesale trade
Wholesale trade
64 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 23224, Richmond, VA · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.
Quick Facts
33,461
Population
30.2
Area (sq mi)
1,108
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 23224?
33.9
Median Age
49.3%
Male
50.7%
Female
15.3%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$50,475
Median Household Income
-41% vs state
$28,584
Per Capita Income
26.4%
Poverty Rate
6.4%
Unemployment Rate
25.7 min
Mean Commute Time
How ZIP 23224 ranks nationally
Household income vs. every US ZIP code
Median household income — the full national distribution, with this ZIP marked
$50,475 15th percentile higher than 15% of 30,318 US ZIPs
Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau — ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
19,113
Total Housing Units
17,633
Occupied Units
1,480
Vacant Units
2.27
Avg Household Size
Occupancy Type
$207,500
Median Home Value
-38% vs state
$1,314
Median Rent
1968
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+7.1%
YoY Change (2024)
409
HPI Index (2000 = 100)
+309%
Total Change Since 2000
Home values in ZIP 23224 have increased 7.1% over the past year (2024). Since 2000, this ZIP has seen +309% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +9.1% | 237 |
| 2021 | +19.4% | 282 |
| 2022 | +12.8% | 319 |
| 2023 | +20.0% | 382 |
| 2024 | +7.1% | 409 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 839 business establishments in ZIP 23224, employing approximately 14,633 people with a combined annual payroll of $998,970,000.
839
Businesses
14,633
Employees
$999.0M
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 140 | 16.7% |
| Other services (except public administration) | 110 | 13.1% |
| Construction | 99 | 11.8% |
| Accommodation and food services | 67 | 8.0% |
| Wholesale trade | 64 | 7.6% |
| Health care and social assistance | 59 | 7.0% |
| Transportation and warehousing | 54 | 6.4% |
| Real estate and rental and leasing | 53 | 6.3% |
| Manufacturing | 45 | 5.4% |
| Administrative and support and waste management and remediation services | 42 | 5.0% |
| Professional, scientific, and technical services | 38 | 4.5% |
| Finance and insurance | 27 | 3.2% |
| Information | 23 | 2.7% |
| Educational services | 9 | 1.1% |
| Management of companies and enterprises | 3 | 0.4% |
| Arts, entertainment, and recreation | 3 | 0.4% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 23224 vs 23234 →
ZIP 23224 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 23234
Richmond (23234)
42,989 residents
- 23225
Richmond (23225)
39,169 residents
- 23220
Richmond (23220)
35,545 residents
- 23224
Richmond (23224)
33,461 residents
- 23235
Richmond (23235)
30,165 residents
- 23222
Richmond (23222)
24,563 residents
- 23237
Richmond (23237)
21,192 residents
- 23226 15,805
Richmond (23226)
15,805 residents
- 23221 13,680
Richmond (23221)
13,680 residents
What this shows Among its immediate neighbors, ZIP 23224 ranks #4 by population — useful context the national average alone can't give.
ZIP 23224 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 23226
Richmond (23226)
$126,655 median income
- 23221
Richmond (23221)
$99,816 median income
- 23235
Richmond (23235)
$96,083 median income
- 23237
Richmond (23237)
$79,606 median income
- 23230
Richmond (23230)
$74,763 median income
- 23234
Richmond (23234)
$66,619 median income
- 23225
Richmond (23225)
$62,949 median income
- 23220
Richmond (23220)
$61,381 median income
- 23222
Richmond (23222)
$61,345 median income
What this shows By household income, ZIP 23224 ranks #null of 9 neighboring ZIPs — local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 23234 | Richmond, VA | 42,989 | 3.2 mi |
| 23220 | Richmond, VA | 35,545 | 3.6 mi |
| 23225 | Richmond, VA | 39,169 | 2.8 mi |
| 23219 | Richmond, VA | 3,781 | 3.4 mi |
| 23221 | Richmond, VA | 13,680 | 4.1 mi |
| 23237 | Richmond, VA | 21,192 | 6.7 mi |
| 23230 | Richmond, VA | 5,852 | 6.3 mi |
| 23235 | Richmond, VA | 30,165 | 5.5 mi |
| 23222 | Richmond, VA | 24,563 | 6.4 mi |
| 23226 | Richmond, VA | 15,805 | 6.4 mi |
More ZIP Codes in Richmond County
Related Areas
Frequently Asked Questions
What county is ZIP code 23224 in? ▼
What is the population of ZIP code 23224? ▼
What is the median household income in ZIP 23224? ▼
What is the average home value in ZIP 23224? ▼
What is the demographic makeup of ZIP 23224? ▼
How many businesses are in ZIP code 23224? ▼
What are the main industries in ZIP code 23224? ▼
How have home values changed in ZIP code 23224? ▼
What is the education level in ZIP code 23224? ▼
What is the average commute time in ZIP 23224? ▼
What percentage of residents own vs. rent in ZIP 23224? ▼
What is the poverty rate in ZIP code 23224? ▼
ZIP Code Research Guides
Official Data Resources for Richmond, VA
Verify and explore additional data for this area using these official government sources.
Read our methodology to see how this data is sourced, computed, and verified.