ZIP Code 23221 — Richmond city, VA Demographics & Data

ZIP code 23221 covers Richmond, VA in Richmond city with a population of about 14,180.

At a glance, the area shows median age of 36.3 versus a U.S. median of about 38.9.

It sits in telephone area code 804; U.S. House district VA-4; the RICHMOND - PETERSBURG media market.

Richmond, VA sits in a university / college context (near fortis college-richmond (2.0 mi)). Expect stronger interest in student housing, rentals, walkability, transit, and a younger adult age mix versus typical suburban ZIPs.

Median household income in ZIP 23221 is about $97,006 — about 29% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 6.4%; unemployment rate near 2.2%; 75.8% of adults with a bachelor’s degree or higher (about 42.1 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Professional services, Healthcare, and Education; about 27.1% of workers reporting work-from-home (about 11.9 points above the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $544,400 — about 56% above the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $1,334 (about 15% above the U.S. median rent ($1,163)), and owner-occupancy near 50.5% (about 14.9 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 23221 in Richmond, VA, a household would need roughly $150,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,497. That is about 55% above the local median household income ($97,006), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Climate normals for Richmond city, VA show little to no average snow and around 45.5 inches of annual precipitation.

IRS migration statistics show a net inflow of about 800 for ZIP 23221 (Richmond city, VA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.