ZIP 22901 - 860Z200US22901 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 22901, located in the Charlottesville area of Virginia, this demographic and housing snapshot offers a clear picture of the community. With data from 2023, we’ll break down population trends, household dynamics, income levels, housing costs, and racial composition to help you make informed decisions. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights provide a foundation for understanding what makes ZIP 22901 unique.

Population & Households

ZIP 22901 is home to a population of 36,922 residents, making it a moderately sized community with a diverse mix of individuals and families. This area supports 16,636 households, reflecting a strong residential base. With 17,648 total housing units, there’s a slight surplus of available homes compared to occupied households, which could indicate opportunities for buyers or renters looking to settle in the area. The balance between population and housing suggests a stable community with room for growth.

Income & Housing Costs

Financially, ZIP 22901 stands out with a median household income of $91,154, which is notably higher than many national averages. This suggests a relatively affluent community with disposable income to support local businesses and services. On the housing front, the median home value is $473,500, reflecting a robust real estate market that may appeal to investors seeking long-term value. For renters, the median rent is $1,612 per month, indicating a competitive rental market that aligns with the area’s higher income levels. These figures point to a community where both owning and renting come with a significant but potentially rewarding cost.

Race & Ethnicity

The demographic makeup of ZIP 22901 offers a glimpse into its cultural diversity. The population is predominantly White at 69.76%, followed by Black residents at 12.34%, Hispanic or Latino individuals at 8.89%, and Asian residents at 4.76%. This mix suggests a community with a majority White population but with meaningful representation from other racial and ethnic groups. For businesses and investors, this diversity can translate into varied consumer needs and opportunities to cater to a broad audience.

Key Facts

• Total population: 36,922 residents in ZIP 22901.
• Total households: 16,636, supporting a strong residential community.
• Total housing units: 17,648, with a small surplus of available homes.
• Median household income: $91,154, indicating above-average earning potential.
• Median home value: $473,500, reflecting a high-value real estate market.
• Median rent: $1,612, pointing to a competitive rental landscape.
• Racial composition: 69.76% White, 12.34% Black, 8.89% Hispanic, 4.76% Asian.

What This Means for You

For homebuyers, ZIP 22901 offers a stable and affluent community with median home values at $473,500, suggesting a solid investment for those who can afford the entry price. The slight surplus of housing units (17,648 total versus 16,636 households) may provide some negotiating power, though competition could still be stiff given the desirable income levels and location near Charlottesville. Real estate investors and agents will find a market with strong appreciation potential, especially with a median household income of $91,154 supporting higher property values over time. The rental market, with a median rent of $1,612, also presents opportunities for steady returns if you’re targeting tenants with above-average earning power.

For small-business owners, the diverse population of 36,922 and the relatively high disposable income make ZIP 22901 a promising place to set up shop. The racial and ethnic diversity (including 8.89% Hispanic and 4.76% Asian residents) means you can tailor products or services to a varied customer base. Analysts will appreciate the clear demographic trends and housing metrics, which can inform market studies or development plans. Overall, this ZIP code offers a blend of stability and opportunity for a wide range of stakeholders.

Run This Study Yourself

• Curious about other areas or want to dive deeper into ZIP 22901? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Enter any ZIP code to access up-to-date population, income, and housing insights tailored to your needs.
• Use the detailed reports to make data-driven decisions for your next home purchase, investment, or business venture.