ZIP code 23505: income, home prices and cost of living

The median household income in ZIP 23505 is $56,919, which is 22% below the Virginia median of $72,674 and 17% below the national figure. The typical home is valued at $315,000, and the median rent is $1,206/month. 34.5% of households own their home.

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

Median household income

$56,919

Virginia average
$72,67422%
National
$68,75017%

Median home value

$315,000

Virginia average
$251,00025%
National
$209,60050%

Median gross rent

$1,206

Virginia average
$1,09210%
National
$98423%

Median age

32.0 yrs

Virginia average
42.5 yrs25%
National
41.0 yrs22%

Homeownership rate

34.5%

Virginia average
76.2%55%
National
75.8%54%

Bachelor's degree or higher

17.6%

Virginia average
16.6%6%
National
15.9%11%

How ZIP 23505 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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Homes in 23505 typically sell around $315,000. Compare what a vetted mortgage pro can actually offer you before you commit.

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Nearby ZIP codes in Virginia

23504235032350723502235082350923510235112351323518

Or compare 23505 with 23504.

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What people search about ZIP 23505

Searches for the cost of living in 23505, the median household income in 23505, average rent in 23505 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 23505, 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.