Richmond, VA · standard
ZIP Code 23234
Chesterfield County, Virginia — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 42,989
- 838/sq mi
- $66,619
- Median income
- $266,200
- Median home value
- 20.2%
- Bachelor's or higher
The verdict
Richmond pairs a below-median household income with above-median home values, in a low-density, mixed-tenure area.
- 41th pct
- household income, US ZIPs
- Top 39%
- home value, US ZIPs
- 838
- people per sq mi
- 59%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 23234 against every reporting US ZIP.
ZIP code 23234 is classified by USPS as a standard delivery area and covers roughly 51.3 square miles in Richmond, Chesterfield County, Virginia. The area is home to 42,989 residents, producing a population density of 838 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 23234 against Virginia and the nation.
On the economic side, the median household income for ZIP 23234 sits at $66,619 (22% below the Virginia average), while per-capita income is $31,511. The poverty rate stands at 15.3% and the unemployment rate at 7.0%. On housing, the median home value is $266,200 (20% below the state average) with median rent at $1,401 per month, and 59.2% of occupied units are owner-occupied, a direct signal of whether 23234 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 20.2% of adults hold a bachelor's degree or higher, the median age is 35, and the average commute is 25 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Chesterfield County, so you can benchmark 23234 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 23234
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 23234.
- Construction
Construction
118 establishments
- Retail trade
Retail trade
91 establishments
- Health care and social assistance
Health care and social assistance
65 establishments
- Accommodation and food services
Accommodation and food services
62 establishments
- Transportation and warehousing
Transportation and warehousing
58 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 23234, 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
42,989
Population
51.3
Area (sq mi)
838
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 23234?
35.0
Median Age
49.6%
Male
50.4%
Female
20.3%
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?
$66,619
Median Household Income
-22% vs state
$31,511
Per Capita Income
15.3%
Poverty Rate
7.0%
Unemployment Rate
25.3 min
Mean Commute Time
How ZIP 23234 ranks nationally
Household income vs. every US ZIP code
Median household income — the full national distribution, with this ZIP marked
$66,619 41st percentile higher than 41% 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?
18,300
Total Housing Units
17,156
Occupied Units
1,144
Vacant Units
2.76
Avg Household Size
Occupancy Type
$266,200
Median Home Value
-20% vs state
$1,401
Median Rent
1977
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
+13.5%
YoY Change (2024)
312
HPI Index (2000 = 100)
+212%
Total Change Since 2000
Home values in ZIP 23234 have increased 13.5% over the past year (2024). Since 2000, this ZIP has seen +212% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +7.9% | 195 |
| 2021 | +15.0% | 224 |
| 2022 | +17.2% | 263 |
| 2023 | +4.6% | 275 |
| 2024 | +13.5% | 312 |
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 642 business establishments in ZIP 23234, employing approximately 12,194 people with a combined annual payroll of $810,483,000.
642
Businesses
12,194
Employees
$810.5M
Annual Payroll
14
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 118 | 18.4% |
| Retail trade | 91 | 14.2% |
| Health care and social assistance | 65 | 10.1% |
| Accommodation and food services | 62 | 9.7% |
| Transportation and warehousing | 58 | 9.0% |
| Other services (except public administration) | 56 | 8.7% |
| Wholesale trade | 40 | 6.2% |
| Administrative and support and waste management and remediation services | 37 | 5.8% |
| Professional, scientific, and technical services | 30 | 4.7% |
| Real estate and rental and leasing | 26 | 4.0% |
| Manufacturing | 24 | 3.7% |
| Finance and insurance | 15 | 2.3% |
| Information | 8 | 1.3% |
| Arts, entertainment, and recreation | 6 | 0.9% |
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 23234 vs 23224 →
ZIP 23234 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
- 23831
Chester (23831)
33,079 residents
- 23235
Richmond (23235)
30,165 residents
- 23236
Richmond (23236)
25,822 residents
- 23237
Richmond (23237)
21,192 residents
- 23221 13,680
Richmond (23221)
13,680 residents
What this shows Among its immediate neighbors, ZIP 23234 ranks the most populous — useful context the national average alone can't give.
ZIP 23234 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 23236
Richmond (23236)
$110,499 median income
- 23221
Richmond (23221)
$99,816 median income
- 23235
Richmond (23235)
$96,083 median income
- 23831
Chester (23831)
$95,750 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
What this shows By household income, ZIP 23234 ranks #7 of 9 neighboring ZIPs — local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 23224 | Richmond, VA | 33,461 | 3.2 mi |
| 23237 | Richmond, VA | 21,192 | 3.6 mi |
| 23220 | Richmond, VA | 35,545 | 6.7 mi |
| 23225 | Richmond, VA | 39,169 | 5.1 mi |
| 23219 | Richmond, VA | 3,781 | 6.4 mi |
| 23221 | Richmond, VA | 13,680 | 7.1 mi |
| 23831 | Chester, VA | 33,079 | 7.5 mi |
| 23236 | Richmond, VA | 25,822 | 6.6 mi |
| 23230 | Richmond, VA | 5,852 | 9.3 mi |
| 23235 | Richmond, VA | 30,165 | 6.7 mi |
More ZIP Codes in Chesterfield County
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Frequently Asked Questions
What county is ZIP code 23234 in? ▼
What is the population of ZIP code 23234? ▼
What is the median household income in ZIP 23234? ▼
What is the average home value in ZIP 23234? ▼
What is the demographic makeup of ZIP 23234? ▼
How many businesses are in ZIP code 23234? ▼
What are the main industries in ZIP code 23234? ▼
How have home values changed in ZIP code 23234? ▼
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What is the average commute time in ZIP 23234? ▼
What percentage of residents own vs. rent in ZIP 23234? ▼
What is the poverty rate in ZIP code 23234? ▼
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.