| ZIP Code | 23937 |
|---|---|
| City | Drakes Branch |
| State | Virginia (VA) |
| County | Charlotte County |
| Area Code | 434 |
| Elevation | 516 ft |
| Latitude | 36.945141 |
|---|---|
| Longitude | -78.512503 |
| Timezone | New York (DST) |
| FIPS | 51037 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 46.6 yrs ↑ 14% since 2019 |
|---|---|
| Avg Household Size | 2.57 |
| Below Poverty | 21.9% ▲ 119% above avg |
| College Grads | 20.4% ▼ 47% below avg |
| Unemployment | 1.4% ▼ 72% below avg |
| No HS Diploma | 17 (1.5%) |
| HS Graduate | 448 (40.1%) |
| Some College | 291 (26.1%) |
| Associates | 133 (11.9%) |
| Bachelors | 121 (10.8%) |
| Graduate Degree | 107 (9.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $37,118 ▼ 51% below avg |
|---|---|
| Median Home Value | $80,200 ▼ 71% below avg ↓ 17% since 2019 |
| Home/Income Ratio | 2.2x (nat avg ~3.5x) |
| Median Rent | $814/mo ↑ 29% since 2019 |
| Total Units | 947 |
| Vacant Units | 138 |
| Avg HH Size | 2.57 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 947 |
|---|---|
| Vacant | 138 |
| Owner Occupied | 66.6% |
| Renter Occupied | 33.4% |
| Avg HH Size | 2.57 |
ZIP code 23937 is located in Drakes Branch, Virginia, within Charlotte County. With a population of 2,079, this is a sparsely populated ZIP code with a mature community — the median age is 46.6 years. Economically, 23937 is a lower-income ZIP code: the median household income of $37,118 is well below the national average.
Real estate in ZIP code 23937 represents one of the more affordable housing markets in the country. The median home value of $80,200 is well below the national average. Renters can expect to pay around $814 per month in median rent. Homeownership is strong here — 66.6% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have decreased by 17% since 2019.
The population of 23937 is majority White (64.55%). Residents are less-educated — 20.4% hold a bachelor's degree or higher, which is below the national average. Poverty affects a significant share of residents at 21.9%.
The unemployment rate in 23937 stands at 1.4%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 81%.
Overall, ZIP code 23937 in Drakes Branch, VA is characterized as lower-income, less-educated, a mature community, and predominantly owner-occupied. With 2,079 residents, a median household income of $37,118, and a median home value of $80,200, it offers a clear picture of life in this part of Virginia.