ZIP 23220 · Richmond, Virginia

Population

34,671 people call ZIP 23220 home.

34,671

people.

Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year

Rent

Median rent is up 44% since the 2010–2014 survey, before inflation.

$1,406

a month. Virginia's median is $1,579.

Census ACS 5-year, 2020-2024 (latest), with earlier 5-year windows. Sources: Census ACS 5-year

Room to build

The median rent sits inside what local wages can carry.

$1,167–$1,750

is the monthly rent range local workforce wages support.

• $1,406 median

Supportable rent computed by the Almanac from 2023 source wage data. Median rent: Census ACS 5-year, 2020-2024. Sources: Computed by the Almanac, Census ACS 5-year

Building

Most of the housing here is older than 2000.

• 83% of all homes were built before 2000

Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year

Units needed

Closing the gap would add 1–2% to the 16,992 homes here.

96–298

is the estimated number of missing housing units, from the lowest to the highest of three estimates.

Range computed by the Almanac from 2023 jobs and household data, using three demand models: 1% of jobs located here, 1% of renter households, and a rate by town size applied to renters. The low end is the lowest of the three and the high end the highest. It is an estimate, not a count. Sources: Computed by the Almanac

Home value

A median home costs 23% more than Virginia's.

$473,100

median home value in ZIP 23220.

• $473,100 ZIP 23220
• $383,700 Virginia
• $332,700 U.S.

Census ACS 5-year, 2020-2024. Sources: Census ACS 5-year