ZIP Code 23224 -- Richmond, VA

Richmond city | 2024 American Community Survey Data

Quick Overview

Population
40,575
Unknown
Median Income
$50,475
Home Value
$207,500
Median Rent
$1,314
Median Age
33.90
Diversity Index
69.20
High
Cost of Living
88.3
below average
Unemployment
6.4%

About ZIP Code 23224

ZIP code 23224 in Richmond, Virginia is a unknown area with a population of 40,575. The median household income is $50,475, which is This is 33% below the national median of $75,000.. The median home value is $207,500, representing a price-to-income ratio of 4.1x . The cost of living is below average with an index of 88.3 (the national average is 100). Residents have a median age of 33.90 years. Approximately 22.8% of adults hold a bachelor's degree or higher. This ZIP code is located in Richmond city, VA.

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Population & Age

Total Population
40,575
Median Age
33.90
Male Population
19,997
49.3%
Female Population
20,578
50.7%
Density Classification
Unknown

Age Distribution

Race & Ethnicity

Diversity Index
69.20 High
White
16.1%
Black or African American
59.2%
Hispanic or Latino
21.2%
Asian
0.4%
Native American
0.3%
Pacific Islander
0.0%
Two or More Races
8.5%
Other Race
15.6%

Racial Composition

Income & Economy

Median Household Income
$50,475
Mean Household Income
$61,966
Per Capita Income
$28,584
Below Poverty Line
26.4%

This is 33% below the national median of $75,000.

Income Distribution

See richest ZIP codes in Virginia →

Housing

Median Home Value
$207,500
Median Rent
$1,314
Total Housing Units
19,113
Occupied Units
17,633
Vacant Units
1,480
7.7% vacancy
Median Year Built
1968
Owner Occupied
36.4%
Renter Occupied
63.6%
Price-to-Income Ratio 4.1x

Moderately affordable

Ownership vs Rental

Owner 36.4% Renter 63.6%

Education

High School Diploma or Higher 81.5%
Bachelor's Degree or Higher 22.8%
Graduate or Professional Degree 7.1%
See most educated ZIP codes →

Employment & Commuting

Civilian Labor Force
21,170
Employment Rate
93.6%
Unemployment Rate
6.4%
Mean Commute Time
N/A

How People Get to Work

Drive Alone
67.4%
Carpool
13.3%
Public Transit
3.8%
Work from Home
13.1%

Cost of Living Index

88.3
below average

The cost of living in ZIP code 23224 is 11.7% below the national average of 100.

0 National Avg (100) 200

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Compare 23224 with Another ZIP Code

Nearby ZIP Codes

23173
University Of Richmond, VA
2.3 mi
Pop: 2,107
23225
Richmond, VA
2.4 mi
Pop: 42,771 Income: $62,949
23223
Richmond, VA
3.2 mi
Pop: 54,659 Income: $55,731
23219
Richmond, VA
3.4 mi
Pop: 4,062 Income: $57,507
23298
Richmond, VA
3.5 mi
Pop: 98
23284
Richmond, VA
3.7 mi
Pop: 2,362 Income: $28,500
23220
Richmond, VA
3.8 mi
Pop: 34,671 Income: $61,381
23221
Richmond, VA
4.0 mi
Pop: 14,402 Income: $99,816
23234
Ampthill, VA
4.2 mi
Pop: 47,465 Income: $66,619
23235
Bon air, VA
4.9 mi
Pop: 33,461 Income: $96,083
23222
Richmond, VA
5.4 mi
Pop: 26,322 Income: $61,345
23230
West end, VA
6.7 mi
Pop: 8,910 Income: $74,763

Other ZIP Codes in Richmond

ZIP Code Population Median Income Home Value
23223 54,659 $55,731 $265,200
23225 42,771 $62,949 $313,300
23231 38,544 $76,505 $297,800
23220 34,671 $61,381 $473,100
23236 27,903 $110,499 $346,900
23237 27,126 $79,606 $277,100

Other ZIP Codes in Richmond city

ZIP Code City Population Median Income
23223 Richmond 54,659 $55,731
23225 Richmond 42,771 $62,949
23220 Richmond 34,671 $61,381
23222 Richmond 26,322 $61,345
23226 Richmond 15,477 $126,655
23221 Richmond 14,402 $99,816

Frequently Asked Questions about ZIP Code 23224

ZIP code 23224 (Richmond, VA) has a total population of 40,575 according to the 2024 American Community Survey. The median age is 33.90 years.

The median household income in ZIP code 23224 is $50,475 per year, based on 2024 Census Bureau data. This is 33% below the national median of $75,000.

ZIP code 23224 is primarily located in Richmond, Virginia (VA). It falls within Richmond city County.

The median home value in ZIP code 23224 is $207,500, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $1,314.

The median age in ZIP code 23224 is 33.90 years, compared to the national median of 38.9 years. This makes the area younger than the national average.

ZIP code 23224 has a cost of living index of 88.26 (national average = 100). This means the cost of living is below average compared to the national average.

In ZIP code 23224, 22.75% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 7.06% hold a graduate or professional degree.

The unemployment rate in ZIP code 23224 is 6.38%, which is above the national average of 3.6%. About 13.12% of workers work from home.

Explore More

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Data sourced from the 2024 American Community Survey (U.S. Census Bureau). Learn more about our data sources.