ZIP code 23120: income, home prices and cost of living

The median household income in ZIP 23120 is $163,989, which is 126% above the Virginia median of $72,674 and 139% above the national figure. The typical home is valued at $495,100, and the median rent is $2,400/month. 96.1% of households own their home.

Source: U.S. Census Bureau, American Community Survey (5-year). Latest observation ACS 2022.

Median household income

$163,989

Virginia average
$72,674126%
National
$68,750139%

Median home value

$495,100

Virginia average
$251,00097%
National
$209,600136%

Median gross rent

$2,400

Virginia average
$1,092120%
National
$984144%

Median age

36.4 yrs

Virginia average
42.5 yrs14%
National
41.0 yrs11%

Homeownership rate

96.1%

Virginia average
76.2%26%
National
75.8%27%

Bachelor's degree or higher

34.7%

Virginia average
16.6%109%
National
15.9%118%

How ZIP 23120 compares with Virginia and the U.S.

State and national bars are the median across ZIP Code Tabulation Areas. Source: U.S. Census Bureau, American Community Survey (5-year), 2022.

See today's rates for homes in your area

Homes in 23120 typically sell around $495,100. Compare what a vetted mortgage pro can actually offer you before you commit.

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Nearby ZIP codes in Virginia

Or compare 23120 with 23117.

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See every local figure on the Virginia money guide.

What people search about ZIP 23120

Searches for the cost of living in 23120, the median household income in 23120, average rent in 23120 and home values in this part of Virginia all come back to the same Census figures shown above. Use them alongside a mortgage payment estimate, a property tax estimate and a household budget before you compare this ZIP code with a neighbouring one.

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Methodology

Figures describe ZIP Code Tabulation Area 23120, the Census Bureau's statistical approximation of the ZIP code. Values are median estimates for the five-year period ending 2022.

State and national benchmarks are the median of all ZCTAs in that geography with at least 1,000 residents, computed by us from the same public dataset.

Sources: U.S. Census Bureau, American Community Survey (5-year). American Community Survey 5-year estimates, 2022.