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.

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 · ZIP Code Business Patterns (ZBP) As of 2023

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

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 23224?

33.9

Median Age

49.3%

Male

50.7%

Female

15.3%

Foreign-Born

White 16.1%
African American 59.2%
Asian 0.4%
American Indian or Alaska Native 0.3%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 8.5%
Hispanic or Latino 21.2%

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

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). This entry sits in this band. $60,000–$80,000: 9,980 US ZIPs (33%). Above this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

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?

High School Graduate or Higher 57.1%
Bachelor's Degree or Higher 22.7%

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

Owner 36.4%
Renter 63.6%

$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)

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.

residents

What this shows Among its immediate neighbors, ZIP 23224 ranks #4 by population — useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 23224 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

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.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
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

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.

ZIP Code Research Guides

Official Data Resources for Richmond, VA

Verify and explore additional data for this area using these official government sources.