Henrico, VA · standard
ZIP Code 23231
Henrico County, Virginia - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 34,685
- 152/sq mi High-density area
- $76,505
- Median income Near-median income area
- $297,800
- Median home value Above-median home value
- 28.3%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Henrico pairs an above-median household income with above-median home values, in a rural, homeowner-dominated area.
- Top 43%
- household income, US ZIPs
- Top 34%
- home value, US ZIPs
- 152
- people per sq mi
- 67%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 23231 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 23231 (Henrico, VA) rose +8.0% from 2023 to 2024. The all-transactions index moved from 265.7 in 2023 to 287.0 in 2024 (2000 = 100).
ZIP code 23231 is a densely settled ZIP (a standard USPS delivery area) in Henrico, Henrico County, Virginia, with 34,685 residents across 228.6 square miles, a density of 152 people per square mile, in the New York time zone.
ZIP 23231 lands in the middle-income range, with a median household income of $76,505 (11% below the average Virginia ZIP), while per-capita income is $42,080. The poverty rate is 9.8%, with unemployment at 5.1%; those measures add context to the income figure. Median home value is $297,800 (11% below the average Virginia ZIP) and median rent is $1,361; 67.0% of occupied homes are owner-occupied.
Educational attainment sits below the national norm: 28.3% of adults hold a bachelor's degree or higher, the median age is 42.8, and the average commute is 26 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Henrico County, so 23231 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 23231
Top 5 sectors by establishment count in Henrico, VA
Which industries have the most business establishments in ZIP 23231.
- Retail trade
Retail trade
116 establishments
- Other services (except public administration)
Other services (except public administration)
82 establishments
- Health care and social assistance
Health care and social assistance
76 establishments
- Construction
Construction
75 establishments
- Wholesale trade
Wholesale trade
73 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 23231, Henrico, 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
34,685
Population
228.6
Area (sq mi)
152
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 23231?
42.8
Median Age
45.9%
Male
54.1%
Female
3.6%
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?
$76,505
Median Household Income
-11% vs state ZIP avg
$42,080
Per Capita Income
9.8%
Poverty Rate
5.1%
Unemployment Rate
25.8 min
Mean Commute Time
How ZIP 23231 ranks nationally
Henrico, VA household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$76,505 Top 43% higher than 57% 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
17,262housing units
17,262
Total Housing Units
16,528
Occupied Units
734
Vacant Units
2.32
Avg Household Size
Occupancy Type
$297,800
Median Home Value
-11% vs state ZIP avg
$1,361
Median Rent
1989
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
+8.0%
YoY Change (2024)
287
HPI Index (2000 = 100)
+187%
Total Change Since 2000
Home values in ZIP 23231 have increased 8.0% over the past year (2024). Since 2000, this ZIP has seen +187% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +3.9% | 181 |
| 2021 | +14.5% | 207 |
| 2022 | +16.6% | 241 |
| 2023 | +10.2% | 266 |
| 2024 | +8.0% | 287 |
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 781 business establishments in ZIP 23231, employing approximately 15,721 people with a combined annual payroll of $875,591,000.
781
Businesses
15,721
Employees
$875.6M
Annual Payroll
17
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 116 | 14.8% |
| Other services (except public administration) | 82 | 10.5% |
| Health care and social assistance | 76 | 9.7% |
| Construction | 75 | 9.6% |
| Wholesale trade | 73 | 9.3% |
| Accommodation and food services | 67 | 8.6% |
| Transportation and warehousing | 61 | 7.8% |
| Administrative and support and waste management and remediation services | 48 | 6.2% |
| Manufacturing | 46 | 5.9% |
| Professional, scientific, and technical services | 40 | 5.1% |
| Real estate and rental and leasing | 35 | 4.5% |
| Finance and insurance | 21 | 2.7% |
| Arts, entertainment, and recreation | 11 | 1.4% |
| Educational services | 9 | 1.1% |
| Information | 8 | 1.0% |
| Management of companies and enterprises | 7 | 0.9% |
| Utilities | 4 | 0.5% |
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 23231 vs 23250 →
ZIP 23231 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 23223
Richmond (23223)
47,677 residents
- 23231
Henrico (23231)
34,685 residents
- 23224
Richmond (23224)
33,461 residents
- 23831
Chester (23831)
33,079 residents
- 23222
Richmond (23222)
24,563 residents
- 23237
Richmond (23237)
21,192 residents
- 23150 12,045
Sandston (23150)
12,045 residents
- 23836 11,444
Chester (23836)
11,444 residents
- 23075 9,819
Henrico (23075)
9,819 residents
What this shows Among its immediate neighbors, ZIP 23231 ranks #2 by population - useful context the national average alone can't give.
ZIP 23231 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 23836
Chester (23836)
$100,921 median income
- 23831
Chester (23831)
$95,750 median income
- 23237
Richmond (23237)
$79,606 median income
- 23150
Sandston (23150)
$79,050 median income
- 23231
Henrico (23231)
$76,505 median income
- 23222
Richmond (23222)
$61,345 median income
- 23219
Richmond (23219)
$57,507 median income
- 23223
Richmond (23223)
$55,731 median income
- 23075
Henrico (23075)
$55,567 median income
What this shows By household income, ZIP 23231 ranks #5 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 23250 | Richmond, VA | 0 | 4.4 mi |
| 23075 | Henrico, VA | 9,819 | 7.4 mi |
| 23836 | Chester, VA | 11,444 | 6.8 mi |
| 23150 | Sandston, VA | 12,045 | 5.8 mi |
| 23237 | Richmond, VA | 21,192 | 7.8 mi |
| 23223 | Richmond, VA | 47,677 | 8.6 mi |
| 23224 | Richmond, VA | 33,461 | 9.0 mi |
| 23219 | Richmond, VA | 3,781 | 9.4 mi |
| 23831 | Chester, VA | 33,079 | 9.8 mi |
| 23222 | Richmond, VA | 24,563 | 11.2 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 23231, 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 (34,685 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Henrico County
Related Areas
Frequently Asked Questions
What county is ZIP code 23231 in?
ZIP code 23231 (Henrico) is located in Henrico County, Virginia. Henrico County contains multiple ZIP codes, see the full list at /counties/henrico-va.
What is the population of ZIP code 23231?
ZIP code 23231 in Henrico, VA has a population of 34,685 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 23231?
The median household income in ZIP 23231 is $76,505, which is 0% above the national average of $76,288.
What is the average home value in ZIP 23231?
The median home value in ZIP 23231 is $297,800, which is 7% above the national average of $278,155.
What is the demographic makeup of ZIP 23231?
The largest racial group in ZIP 23231 is African American at 60.4%. Hispanic or Latino residents make up 3.8% of the population.
How many businesses are in ZIP code 23231?
ZIP code 23231 has 781 business establishments employing approximately 15,721 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 23231?
The top industries by establishment count in ZIP 23231 are: Retail trade (116), Other services (except public administration) (82), Health care and social assistance (76). There are 17 industry sectors represented in total.
How have home values changed in ZIP code 23231?
According to the FHFA House Price Index, home values in ZIP 23231 increased by 8.0% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 187%. 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 23231?
In ZIP code 23231, 59.3% of residents aged 25+ have a high school diploma or higher, and 28.3% 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 23231?
The mean commute time for workers in ZIP code 23231 is 25.8 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 23231?
In ZIP code 23231, approximately 67.0% of occupied housing units are owner-occupied and 33.0% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 23231?
The poverty rate in ZIP code 23231 is 9.8% 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 23231's numbers, next.
- See how ZIP 23231 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Henrico, 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.