| ZIP Code | 23294 |
|---|---|
| City | Henrico |
| State | Virginia (VA) |
| County | Henrico County |
| Area Code | 686/804 |
| Elevation | 284 ft |
| Latitude | 37.631281 |
|---|---|
| Longitude | -77.542534 |
| Timezone | New York (DST) |
| FIPS | 51087 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 33.4 yrs ↑ 5% since 2019 |
|---|---|
| Avg Household Size | 2.33 |
| Below Poverty | 9.6% ≈ Avg |
| College Grads | 50.4% ▲ 30% above avg |
| Unemployment | 3.7% ▼ 24% below avg |
| No HS Diploma | 380 (3%) |
| HS Graduate | 3,169 (25.1%) |
| Some College | 1,438 (11.4%) |
| Associates | 1,276 (10.1%) |
| Bachelors | 1,278 (10.1%) |
| Graduate Degree | 5,079 (40.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $66,587 ▼ 13% below avg ↑ 7% since 2019 |
|---|---|
| Median Home Value | $279,600 ≈ Avg ↑ 29% since 2019 |
| Home/Income Ratio | 4.2x (nat avg ~3.5x) |
| Median Rent | $1,553/mo ↑ 30% since 2019 |
| Total Units | 8,745 |
| Vacant Units | 464 |
| Avg HH Size | 2.33 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 8,745 |
|---|---|
| Vacant | 464 |
| Owner Occupied | 35.8% |
| Renter Occupied | 64.2% |
| Avg HH Size | 2.33 |
ZIP code 23294 is located in Henrico, Virginia, within Henrico County. With a population of 19,377, this is a moderately populated ZIP code with a relatively young community — the median age is 33.4 years. Economically, 23294 is a solidly middle-class ZIP code: the median household income of $66,587 is near the national average.
Real estate in ZIP code 23294 represents a mid-range housing market. The median home value of $279,600 is near the national average. Renters can expect to pay around $1,553 per month in median rent. This is predominantly a renter community, with 64.2% of occupied units rented — typical of urban and transitional neighborhoods. Median home values have increased by 29% since 2019.
The population of 23294 is racially diverse, with White as the largest group at 45.2%. Residents are well-educated — 50.4% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 9.6%. Household income has grown by 7% since 2019.
The unemployment rate in 23294 stands at 3.7%, which is below the national average. About 19% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 68%.
Overall, ZIP code 23294 in Henrico, VA is characterized as solidly middle-class, well-educated, and a relatively young community. With 19,377 residents, a median household income of $66,587, and a median home value of $279,600, it offers a clear picture of life in this part of Virginia.