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 High-density area
- $50,475
- Median income Below-median income area
- $207,500
- Median home value Near-median home value
- 22.7%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
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.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 23224 (Richmond, VA) rose +7.1% from 2023 to 2024. The all-transactions index moved from 382.2 in 2023 to 409.1 in 2024 (2000 = 100).
ZIP code 23224 is a densely settled ZIP (a standard USPS delivery area) in Richmond, Richmond County, Virginia, with 33,461 residents across 30.2 square miles, a density of 1,108 people per square mile, in the New York time zone.
ZIP 23224 reports a modest median household income of $50,475 (41% below the average Virginia ZIP), while per-capita income is $28,584. The poverty rate is 26.4%, so the area-level income figures should not be treated as typical household experience. Home values sit below the statewide ZIP benchmark: the median is $207,500 (38% below the average Virginia ZIP), and median rent is $1,314; owner occupancy is 36.4%.
Educational attainment sits below the national norm: 22.7% of adults hold a bachelor's degree or higher, the median age is 33.9, and the average commute is 26 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Richmond County, so 23224 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 23224
Top 5 sectors by establishment count in Richmond, VA
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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, 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; 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 ZIP avg
$28,584
Per Capita Income
26.4%
Poverty Rate
6.4%
Unemployment Rate
25.7 min
Mean Commute Time
How ZIP 23224 ranks nationally
Richmond, VA 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?
Housing stock: occupied vs vacant
19,113housing units
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 ZIP avg
$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 |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 23224, both outside VA so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (33,461 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Richmond County
Related Areas
Frequently Asked Questions
What county is ZIP code 23224 in?
ZIP code 23224 (Richmond) is located in Richmond County, Virginia. Richmond County contains multiple ZIP codes, see the full list at /counties/richmond-va-51760.
What is the population of ZIP code 23224?
ZIP code 23224 in Richmond, VA has a population of 33,461 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 23224?
The median household income in ZIP 23224 is $50,475, which is 34% below the national average of $76,288.
What is the average home value in ZIP 23224?
The median home value in ZIP 23224 is $207,500, which is 25% below the national average of $278,155.
What is the demographic makeup of ZIP 23224?
The largest racial group in ZIP 23224 is African American at 59.2%. Hispanic or Latino residents make up 21.2% of the population.
How many businesses are in ZIP code 23224?
ZIP code 23224 has 839 business establishments employing approximately 14,633 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 23224?
The top industries by establishment count in ZIP 23224 are: Retail trade (140), Other services (except public administration) (110), Construction (99). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 23224?
According to the FHFA House Price Index, home values in ZIP 23224 increased by 7.1% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 309%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 23224?
In ZIP code 23224, 57.1% of residents aged 25+ have a high school diploma or higher, and 22.7% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 23224?
The mean commute time for workers in ZIP code 23224 is 25.7 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 23224?
In ZIP code 23224, approximately 36.4% of occupied housing units are owner-occupied and 63.6% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 23224?
The poverty rate in ZIP code 23224 is 26.4% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 23224's numbers, next.
- See how ZIP 23224 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Richmond, VA ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.