ZIP Code 23242 — undefined, undefined Demographics & Data

ZIP code 23242 covers ZIP 23242 with a population of about 2,760.

At a glance, the area shows median age of 30.2 versus a U.S. median of about 38.9.

It sits in the RICHMOND - PETERSBURG media market.

Median household income in ZIP 23242 is about $94,864 — about 26% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 3.6%; unemployment rate near 8.4%; 50.8% of adults with a bachelor’s degree or higher (about 17.1 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Wholesale trade, Finance and insurance, and Public administration; about 21.9% of workers reporting work-from-home (about 6.7 points above the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $864,600 — about 148% above the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $1,666 (about 43% above the U.S. median rent ($1,163)), and owner-occupancy near 24.5% (about 40.9 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 23242, a household would need roughly $238,000 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 $5,554. That is about 151% above the local median household income ($94,864), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.