ZIP code 23294: income, home prices and cost of living

The median household income in ZIP 23294 is $66,394, which is 9% below the Virginia median of $72,674 and 3% below the national figure. The typical home is valued at $262,400, and the median rent is $1,428/month. 35.7% of households own their home.

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

Median household income

$66,394

Virginia average
$72,6749%
National
$68,7503%

Median home value

$262,400

Virginia average
$251,0005%
National
$209,60025%

Median gross rent

$1,428

Virginia average
$1,09231%
National
$98445%

Median age

32.3 yrs

Virginia average
42.5 yrs24%
National
41.0 yrs21%

Homeownership rate

35.7%

Virginia average
76.2%53%
National
75.8%53%

Bachelor's degree or higher

25.8%

Virginia average
16.6%55%
National
15.9%62%

How ZIP 23294 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.

Get a free review of your debt options

Household income in 23294 runs below the Virginia median, which makes debt payments bite harder. A vetted specialist can walk you through the options.

Review my debt options

Nearby ZIP codes in Virginia

23314233202332123322233232332423325232382323723236

Or compare 23294 with 23314.

Run your own numbers

Cost of living calculatorBudget calculatorMortgage calculator

See every local figure on the Virginia money guide.

What people search about ZIP 23294

Searches for the cost of living in 23294, the median household income in 23294, average rent in 23294 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.

  • cost of living in 23294
  • median household income in 23294
  • home values in 23294
  • average rent in 23294
  • property tax in 23294
  • housing market in 23294

Methodology

Figures describe ZIP Code Tabulation Area 23294, 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.