ZIP Code 23224 — Richmond city, VA Demographics & Data

ZIP code 23224 covers Richmond, VA in Richmond city with a population of about 39,010.

At a glance, the area shows median age of 34.3 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.

Median household income in ZIP 23224 is about $49,263 — about 34% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 25.4%; unemployment rate near 7.5%; 19.1% of adults with a bachelor’s degree or higher (about 14.6 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Construction, and Retail trade; about 10.9% of workers reporting work-from-home (about 4.3 points below 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 $189,200 — about 46% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $1,048 (about 10% below the U.S. median rent ($1,163)), and owner-occupancy near 34.6% (about 30.8 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 23224 in Richmond, VA, a household would need roughly $52,000 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 $1,215. That is roughly in line with the local median household income ($49,263). 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 2,201 for ZIP 23224 (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.