ZIP 23236 - 860Z200US23236 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 23236, located in the Richmond, Virginia area, this demographic and housing snapshot offers a clear picture of the community. With data from 2023, we’ll break down key metrics like population, income, 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 the dynamics of ZIP 23236.

Population & Households

ZIP 23236 is home to a population of 27,118 residents, making it a moderately sized community with a suburban feel. These individuals are distributed across 10,364 households, reflecting a mix of family and individual living arrangements. The area also has 10,839 total housing units, indicating a slight surplus of available homes compared to occupied households. This balance suggests potential opportunities for buyers or renters looking to settle in a stable, established neighborhood.

Income & Housing Costs

One of the standout metrics for ZIP 23236 is its median household income of $109,338, which points to a relatively affluent community. This income level supports a strong local economy, potentially benefiting small businesses and attracting investors. On the housing front, the median home value stands at $306,800, offering a mid-range price point for the region that could appeal to first-time buyers or those upgrading from smaller properties. For renters, the median rent is $1,805 per month, reflecting a competitive rental market that aligns with the area’s income levels. These figures suggest that ZIP 23236 offers a balanced cost of living for its economic profile.

Race & Ethnicity

The demographic makeup of ZIP 23236 showcases a diverse yet predominantly white community. Approximately 63.96% of residents identify as white, followed by 19.35% as Black, 8.74% as Hispanic, and 2.24% as Asian, with the remainder comprising other or mixed-race groups. This diversity can enrich the cultural fabric of the area, offering a blend of perspectives and experiences. For businesses, this mix may translate into varied customer needs and opportunities to cater to different cultural preferences. For families and individuals, it signals a community that values inclusivity while maintaining a majority demographic identity.

Key Facts

• Total population in ZIP 23236: 27,118 residents.
• Total households: 10,364, indicating a mix of family and solo living.
• Total housing units: 10,839, with a small surplus of available homes.
• Median household income: $109,338, reflecting strong earning potential.
• Median home value: $306,800, a competitive price for the region.
• Median rent: $1,805, aligning with local income levels.
• Racial composition: 63.96% white, 19.35% Black, 8.74% Hispanic, 2.24% Asian.

What This Means for You

For homebuyers, ZIP 23236 presents a compelling option with median home values at $306,800, which are accessible for many given the area’s high median income of $109,338. The slight surplus of housing units (10,839 vs. 10,364 households) could mean less competition when searching for a property. Real estate investors and agents might find value in the stable rental market, where a median rent of $1,805 suggests consistent demand, especially for families or professionals drawn to the area’s economic strength. Small-business owners can leverage the diverse population of 27,118 and the community’s income levels to target a range of customer segments, from essential services to niche cultural offerings. Analysts will appreciate the balanced demographics and housing metrics as indicators of a sustainable, growing market with room for strategic development.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 23236? Start by visiting ZipcodeGPT for a user-friendly analysis tool.
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