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.

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 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

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 23234?

35.0

Median Age

49.6%

Male

50.4%

Female

20.3%

Foreign-Born

White 18.3%
African American 46.4%
Asian 2.3%
American Indian or Alaska Native 1.4%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 10.1%
Hispanic or Latino 30.6%

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

$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%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). This entry sits in this band. $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 52.0%
Bachelor's Degree or Higher 20.2%

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

Owner 59.2%
Renter 40.8%

$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)

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.

residents

What this shows Among its immediate neighbors, ZIP 23234 ranks the most populous — useful context the national average alone can't give.

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

ZIP 23234 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 23234 ranks #7 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
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

Frequently Asked Questions

What county is ZIP code 23234 in?
ZIP code 23234 (Richmond) is located in Chesterfield County, Virginia. Chesterfield County contains multiple ZIP codes, see the full list at /counties/chesterfield-va.
What is the population of ZIP code 23234?
ZIP code 23234 in Richmond, VA has a population of 42,989 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 23234?
The median household income in ZIP 23234 is $66,619, which is 13% below the national average of $76,288.
What is the average home value in ZIP 23234?
The median home value in ZIP 23234 is $266,200, which is 4% below the national average of $278,155.
What is the demographic makeup of ZIP 23234?
The largest racial group in ZIP 23234 is African American at 46.4%. Hispanic or Latino residents make up 30.6% of the population.
How many businesses are in ZIP code 23234?
ZIP code 23234 has 642 business establishments employing approximately 12,194 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 23234?
The top industries by establishment count in ZIP 23234 are: Construction (118), Retail trade (91), Health care and social assistance (65). There are 14 industry sectors represented in total.
How have home values changed in ZIP code 23234?
According to the FHFA House Price Index, home values in ZIP 23234 increased by 13.5% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 212%. 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 23234?
In ZIP code 23234, 52.0% of residents aged 25+ have a high school diploma or higher, and 20.2% 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 23234?
The mean commute time for workers in ZIP code 23234 is 25.3 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 23234?
In ZIP code 23234, approximately 59.2% of occupied housing units are owner-occupied and 40.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 23234?
The poverty rate in ZIP code 23234 is 15.3% 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.