What to know about ZIP 23431
ZIP code 23431 covers ZIP 23431 with a population of about 5,270.
At a glance, the area shows median age of 41.3 versus a U.S. median of about 38.9.
It sits in the NORFOLK - PORTSMTH - NEWPT NWS media market.
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ZIP Code 23431 — undefined, undefined Demographics & Data
Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.
Middle Class
At a glance
Population
5,270
Density
N/A
Median income
$81,587
+9% vs US avg
Home value
$307,200
-12% vs US avg
Median rent
$856
-26% vs US avg
Timezone
N/A
Overview of ZIP Code 23431
Income and economy in ZIP 23431
Median household income in ZIP 23431 is about $81,587 — about 9% above the U.S. median ($75,149).
On socioeconomic markers, US5 shows a poverty rate of 13.6%; unemployment rate near 2.8%; 29.2% of adults with a bachelor’s degree or higher (about 4.5 points below the national share (33.7%)).
Labor and commute patterns include leading industry context around Healthcare, Retail trade, and Manufacturing; about 11.4% of workers reporting work-from-home (about 3.8 points below 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 23431
Median home value is about $307,200 — about 12% below the U.S. median home value ($348,079).
Housing tenure and rents show median gross rent around $856 (about 26% below the U.S. median rent ($1,163)), and owner-occupancy near 82.3% (about 16.9 points above the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 23431, a household would need roughly $85,000 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 $1,973. That is roughly in line with the local median household income ($81,587). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.