| ZIP Code | 23851 |
|---|---|
| City | Franklin |
| State | Virginia (VA) |
| County | Franklin (city) County |
| Area Code | 757/948 |
| Elevation | 57 ft |
| Latitude | 36.652023 |
|---|---|
| Longitude | -76.957141 |
| Timezone | New York (DST) |
| FIPS | 51620 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.6 yrs ↑ 5% since 2019 |
|---|---|
| Avg Household Size | 2.47 |
| Below Poverty | 11.7% ▲ 17% above avg |
| College Grads | 36.2% ≈ Avg |
| Unemployment | 4.8% ≈ Avg |
| No HS Diploma | 78 (0.9%) |
| HS Graduate | 2,706 (32.3%) |
| Some College | 1,486 (17.7%) |
| Associates | 1,080 (12.9%) |
| Bachelors | 804 (9.6%) |
| Graduate Degree | 2,235 (26.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $73,333 ≈ Avg ↑ 54% since 2019 |
|---|---|
| Median Home Value | $222,700 ▼ 20% below avg ↑ 26% since 2019 |
| Home/Income Ratio | 3.0x (nat avg ~3.5x) |
| Median Rent | $1,006/mo ↑ 16% since 2019 |
| Total Units | 6,063 |
| Vacant Units | 665 |
| Avg HH Size | 2.47 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 6,063 |
|---|---|
| Vacant | 665 |
| Owner Occupied | 60.8% |
| Renter Occupied | 39.2% |
| Avg HH Size | 2.47 |
ZIP code 23851 is located in Franklin, Virginia, within Franklin (city) County. With a population of 13,481, this is a lightly populated ZIP code with a middle-aged community — the median age is 42.6 years. Economically, 23851 is a solidly middle-class ZIP code: the median household income of $73,333 is near the national average.
Real estate in ZIP code 23851 represents an affordable housing market. The median home value of $222,700 is below the national average. Renters can expect to pay around $1,006 per month in median rent. Homeownership is strong here — 60.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 26% since 2019.
The population of 23851 is racially diverse, with Black as the largest group at 45.3%. Residents are moderately educated — 36.2% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 11.7%. Household income has grown by 54% since 2019.
The unemployment rate in 23851 stands at 4.8%, which is near the national average. As in most parts of the country, driving alone is the dominant commute mode at 83%.
Overall, ZIP code 23851 in Franklin, VA is characterized as solidly middle-class, moderately educated, a middle-aged community, and predominantly owner-occupied. With 13,481 residents, a median household income of $73,333, and a median home value of $222,700, it offers a clear picture of life in this part of Virginia.