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, VA

ZIP Code 23120 — undefined, VA Demographics & Data

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Wealthy AreaLow Snow AreaRemote Work Hub

Map, Quick Facts & Location

Quick Facts

Local time
Population
17,240
Median Income
$166,676
+122% vs US avg
Home Value
$516,800
+48% vs US avg
Median Rent
$2,039
+75% vs US avg
Median Age
36.4 yrs
-6% vs US avg
City
N/A
Area Code
Congress
Top Ancestry
EnglishGermanIrish
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Location
Coordinates
37.4221, -77.7814
Elevation
345 ft
Land Area
63.9 sq mi
Water Area
0.7 sq mi (1% water)

At a glance

Population
17,240
Density
N/A
Median income
$166,676
+122% vs US avg
Home value
$516,800
+48% vs US avg
Median rent
$2,039
+75% vs US avg
Timezone

Overview of ZIP Code 23120

Tech hubTech / corporate campus area
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What to know about ZIP 23120

ZIP code 23120 covers VA in Chesterfield County with a population of about 17,240.

At a glance, the area shows median age of 36.4 versus a U.S. median of about 38.9.

It sits in telephone area code 804; U.S. House district VA-1; the RICHMOND - PETERSBURG media market.

Local search focus: Tech hub

VA aligns with a tech / corporate-campus profile (high remote-work / education / income profile or known campus context). Broadband quality, remote-work share, and nearby employer campuses often matter as much as classic residential stats.

Income and economy in VA

Median household income in ZIP 23120 is about $166,676 — about 122% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 2.3%; unemployment rate near 4.8%; 63.6% of adults with a bachelor’s degree or higher (about 29.9 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Retail trade, and Professional services; about 27.8% of workers reporting work-from-home (about 12.6 points above the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Housing and affordability in ZIP 23120

Median home value is about $516,800 — about 48% above the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $2,039 (about 75% above the U.S. median rent ($1,163)), and owner-occupancy near 96.8% (about 31.4 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 23120 in VA, a household would need roughly $142,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,320. That sits below the local median household income ($166,676), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Climate risk and migration signals

FEMA’s National Risk Index rates natural-hazard risk for VA as Relatively Moderate (composite score 84.8), which is elevated versus much of the country. The strongest component scores on US5 are flood (89.5) and hurricane (85.8). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for VA show little to no average snow and around 45.4 inches of annual precipitation.

IRS migration statistics show a net inflow of about 973 for ZIP 23120 (VA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.

Nearby (from this ZIP)

Airport RIC (26.0 miles (41.8 km)) · Galen Health Institutes-Richmond (15.1 miles (24.2 km)) · Maggie L Walker National Historic Site (20.8 miles (33.4 km)) · VA: Hunter Holmes McGuire VA Medical Center (17.9 miles (28.8 km))

Full lists and map pins are in the Infrastructure section below.