ZIP 23233 - 860Z200US23233 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 23233, located in the Richmond, Virginia area, this demographic and housing snapshot offers a clear picture of the community in 2023. With a population of over 31,000 and a robust median household income, this area presents a blend of suburban stability and economic potential. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these metrics provide actionable insights into what makes ZIP 23233 unique. Let’s break down the key data points to help you make informed decisions.

Population & Households

ZIP 23233 is home to 31,775 residents, making it a moderately sized community with a strong suburban feel. These individuals are distributed across 12,606 households, reflecting a mix of family and individual living arrangements. With 13,184 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new residents or investors looking for rental opportunities. This balance suggests a stable housing market with room for growth or turnover, depending on your goals.

Income & Housing Costs

One of the standout metrics for ZIP 23233 is its median household income of $117,500, which points to a relatively affluent community. This income level supports a higher quality of life and suggests disposable income for local businesses to tap into. On the housing front, the median home value stands at $442,100, reflecting a competitive real estate market that may appeal to buyers seeking long-term value or investors eyeing appreciation. For renters, the median rent of $1,779 indicates a premium rental market, likely driven by demand for quality housing in a desirable area. These figures highlight ZIP 23233 as a location where financial stability meets housing opportunity.

Race & Ethnicity

The demographic makeup of ZIP 23233 showcases a diverse yet predominantly white community, with 67.84% of residents identifying as white. The Asian population is notably significant at 18.03%, adding cultural richness to the area. Black residents make up 6.22% of the population, while 3.54% identify as Hispanic. This diversity can be a draw for businesses and families seeking an inclusive environment, and it reflects a community that balances a majority demographic with meaningful representation from other groups. Understanding this mix can help tailor services, marketing, or community engagement strategies.

Key Facts

• Total population: 31,775 residents in ZIP 23233 as of 2023.
• Total households: 12,606, indicating a mix of family and solo living.
• Total housing units: 13,184, suggesting some availability for new occupants.
• Median household income: $117,500, signaling strong earning potential.
• Median home value: $442,100, a marker of a competitive housing market.
• Median rent: $1,779, reflecting a premium rental landscape.
• Racial composition: 67.84% white, 18.03% Asian, 6.22% Black, 3.54% Hispanic.

What This Means for You

For homebuyers, ZIP 23233 offers a financially stable community with a median home value of $442,100, ideal for those seeking a long-term investment in a desirable area. The higher median income suggests neighbors with economic security, often correlating with well-maintained properties and good schools. Real estate investors and agents will find potential in the slight surplus of housing units (13,184 vs. 12,606 households), which could mean opportunities for rentals or flips, especially with a median rent of $1,779 attracting reliable tenants. Small-business owners can leverage the $117,500 median income, indicating a customer base with spending power—think premium services, dining, or retail tailored to an affluent demographic. Analysts can use this data to benchmark ZIP 23233 against nearby areas, focusing on diversity (notably the 18.03% Asian population) and housing trends to predict future growth. Whatever your role, these insights provide a foundation for strategic decisions.

Run This Study Yourself

• Curious about other ZIP codes or deeper insights into ZIP 23233? Start by visiting ZipcodeGPT to access powerful demographic tools.
• Enter any ZIP code to generate a detailed report on population, income, housing, and more, customized to your needs.
• Use the data to inform your next move, investment, or business plan with confidence and precision.