ZIP code 23503: income, home prices and cost of living

The median household income in ZIP 23503 is $58,063, which is 20% below the Virginia median of $72,674 and 16% below the national figure. The typical home is valued at $251,000, and the median rent is $1,160/month. 45.8% of households own their home.

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

Median household income

$58,063

Virginia average
$72,67420%
National
$68,75016%

Median home value

$251,000

Virginia average
$251,000
National
$209,60020%

Median gross rent

$1,160

Virginia average
$1,0926%
National
$98418%

Median age

34.8 yrs

Virginia average
42.5 yrs18%
National
41.0 yrs15%

Homeownership rate

45.8%

Virginia average
76.2%40%
National
75.8%40%

Bachelor's degree or higher

19.1%

Virginia average
16.6%15%
National
15.9%20%

How ZIP 23503 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.

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Nearby ZIP codes in Virginia

23502235042350523507235082350923510235112351323518

Or compare 23503 with 23502.

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What people search about ZIP 23503

Searches for the cost of living in 23503, the median household income in 23503, average rent in 23503 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 23503, 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.