Hopewell, VA · standard

ZIP Code 23860

Hopewell County, Virginia - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

31,970
245/sq mi High-density area
$62,141
Median income Near-median income area
$206,500
Median home value Near-median home value
15.1%
Bachelor's or higher Below-average bachelor's attainment

National ZIP placement

Hopewell pairs a below-median household income with below-median home values, in a low-density, homeowner-dominated area.

33rd pct
household income, US ZIPs
45th pct
home value, US ZIPs
245
people per sq mi
63%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 23860 against every reporting US ZIP.

FHFA HPI release change

What changed in the latest House Price Index year

2023 -> 2024
  • FHFA House Price Index values in ZIP 23860 (Hopewell, VA) rose +9.0% from 2023 to 2024. The all-transactions index moved from 245.2 in 2023 to 267.3 in 2024 (2000 = 100).

Arithmetic difference between stored FHFA all-transactions ZIP House Price Index annual values - a developmental index from repeat sales and appraisals, not a transaction median, appraisal opinion, or forecast. Thin markets can move sharply.

National HPI changes Year-pair CSV

ZIP code 23860 is a densely settled ZIP (a standard USPS delivery area) in Hopewell, Hopewell County, Virginia, with 31,970 residents across 130.8 square miles, a density of 245 people per square mile, in the New York time zone.

ZIP 23860 reports a modest median household income of $62,141 (27% below the average Virginia ZIP), while per-capita income is $28,756. The poverty rate is 18.5%, with unemployment at 8.8%; those measures add context to the income figure. Home values sit below the statewide ZIP benchmark: the median is $206,500 (38% below the average Virginia ZIP), and median rent is $1,124; owner occupancy is 63.2%.

Educational attainment sits below the national norm: 15.1% of adults hold a bachelor's degree or higher, the median age is 39.2, and the average commute is 26 minutes. The page surfaces 4 nearby ZIP codes within roughly 10 miles, giving 23860 an immediate geographic comparison rather than a national benchmark alone.

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 →

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Top industries in ZIP 23860

Top 5 sectors by establishment count in Hopewell, VA

Which industries have the most business establishments in ZIP 23860.

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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 23860, Hopewell, 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

31,970

Population

130.8

Area (sq mi)

245

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 23860?

39.2

Median Age

52.9%

Male

47.1%

Female

4.2%

Foreign-Born

White 42.4%
African American 43.8%
Asian 0.9%
American Indian or Alaska Native 0.2%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 9.7%
Hispanic or Latino 8.4%

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?

$62,141

Median Household Income

-27% vs state ZIP avg

$28,756

Per Capita Income

18.5%

Poverty Rate

8.8%

Unemployment Rate

26.4 min

Mean Commute Time

How ZIP 23860 ranks nationally

Hopewell, VA household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$62,141 33rd percentile higher than 33% of 30,318 US ZIPs

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 55.9%
Bachelor's Degree or Higher 15.1%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

12,355

Total Housing Units

11,113

Occupied Units

1,242

Vacant Units

2.46

Avg Household Size

Occupancy Type

Owner 63.2%
Renter 36.8%

$206,500

Median Home Value

-38% vs state ZIP avg

$1,124

Median Rent

1974

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

+9.0%

YoY Change (2024)

267

HPI Index (2000 = 100)

+167%

Total Change Since 2000

Home values in ZIP 23860 have increased 9.0% over the past year (2024). Since 2000, this ZIP has seen +167% cumulative appreciation.

Year Annual Change HPI Index
2020 +9.2% 168
2021 +15.3% 194
2022 +15.2% 223
2023 +9.8% 245
2024 +9.0% 267

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 448 business establishments in ZIP 23860, employing approximately 5,798 people with a combined annual payroll of $312,172,000.

448

Businesses

5,798

Employees

$312.2M

Annual Payroll

15

Industry Sectors

Industry Establishments % of Total
Retail trade 79 17.6%
Other services (except public administration) 75 16.7%
Health care and social assistance 55 12.3%
Accommodation and food services 55 12.3%
Construction 33 7.4%
Professional, scientific, and technical services 33 7.4%
Administrative and support and waste management and remediation services 23 5.1%
Real estate and rental and leasing 18 4.0%
Manufacturing 17 3.8%
Finance and insurance 17 3.8%
Transportation and warehousing 13 2.9%
Educational services 11 2.5%
Wholesale trade 9 2.0%
Arts, entertainment, and recreation 5 1.1%
Utilities 3 0.7%

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 23860 vs 23875 →

ZIP 23860 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 23860 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 23860 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 23860 ranks #5 of 5 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
23875 Prince George, VA 10,878 4.4 mi
23842 Disputanta, VA 6,906 10.1 mi
23801 Fort Lee, VA 3,393 7.2 mi
23836 Chester, VA 11,444 8.3 mi

Nationwide ZIPs with similar ACS profiles

Two Census-derived peer sets for ZIP 23860, 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 (31,970 here; floor ≥1,000).

Similar median household income

Nearest cross-state ZIPs by ACS median household income.

Frequently Asked Questions

What county is ZIP code 23860 in?

ZIP code 23860 (Hopewell) is located in Hopewell County, Virginia. Hopewell County contains multiple ZIP codes, see the full list at /counties/hopewell-va.

What is the population of ZIP code 23860?

ZIP code 23860 in Hopewell, VA has a population of 31,970 according to the Census Bureau ACS 2023 estimates.

What is the median household income in ZIP 23860?

The median household income in ZIP 23860 is $62,141, which is 19% below the national average of $76,288.

What is the average home value in ZIP 23860?

The median home value in ZIP 23860 is $206,500, which is 26% below the national average of $278,155.

What is the demographic makeup of ZIP 23860?

The largest racial group in ZIP 23860 is African American at 43.8%. Hispanic or Latino residents make up 8.4% of the population.

How many businesses are in ZIP code 23860?

ZIP code 23860 has 448 business establishments employing approximately 5,798 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.

What are the main industries in ZIP code 23860?

The top industries by establishment count in ZIP 23860 are: Retail trade (79), Other services (except public administration) (75), Health care and social assistance (55). There are 15 industry sectors represented in total.

How have home values changed in ZIP code 23860?

According to the FHFA House Price Index, home values in ZIP 23860 increased by 9.0% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 167%. 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 23860?

In ZIP code 23860, 55.9% of residents aged 25+ have a high school diploma or higher, and 15.1% 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 23860?

The mean commute time for workers in ZIP code 23860 is 26.4 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.

What percentage of residents own vs. rent in ZIP 23860?

In ZIP code 23860, approximately 63.2% of occupied housing units are owner-occupied and 36.8% are renter-occupied, based on Census ACS 2023 data.

What is the poverty rate in ZIP code 23860?

The poverty rate in ZIP code 23860 is 18.5% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP 23860's figures come from ACS 5-Year Estimates, Census ZIP Code Business Patterns, and the FHFA House Price Index. See our methodology for details.

Related

Compare this ZIP with another

Read our methodology : how this data is sourced, computed, and verified.

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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.