ZIP code 23842: income, home prices and cost of living

The median household income in ZIP 23842 is $85,375, which is 17% above the Virginia median of $72,674 and 24% above the national figure. The typical home is valued at $248,000, and the median rent is $1,014/month. 87.7% of households own their home.

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

Median household income

$85,375

Virginia average
$72,67417%
National
$68,75024%

Median home value

$248,000

Virginia average
$251,0001%
National
$209,60018%

Median gross rent

$1,014

Virginia average
$1,0927%
National
$9843%

Median age

43.6 yrs

Virginia average
42.5 yrs3%
National
41.0 yrs6%

Homeownership rate

87.7%

Virginia average
76.2%15%
National
75.8%16%

Bachelor's degree or higher

14.1%

Virginia average
16.6%15%
National
15.9%11%

How ZIP 23842 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

23838238472383623834238512383223831238242386023868

Or compare 23842 with 23838.

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What people search about ZIP 23842

Searches for the cost of living in 23842, the median household income in 23842, average rent in 23842 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 23842, 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.