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ZIP Code 23235

Learn about the people, housing, costs and businesses in 23235

Median Home$355,561
Median Rent$1,899/month
Population31,935
Leading IndustriesPublic Administration · Arts, Food & Hospitality · Transportation28% public administration
Home Value Growth⬆⬆+20.8% over 2 years
Young Adults26% of residentsnear the national average
Homeowners70% of occupied units
NotableHighly Educated30% bachelor's · 15% graduate · top 11% nationally
NotableHigh Incomes$98k/year · top 20% nationally
ZIP Code
23235

Frequently Asked Questions

What are today's mortgage rates in ZIP code 23235?

As of today, the 30-year fixed mortgage rate for ZIP code 23235 is approximately 6.901% (6.937% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for ZIP code 23235
What is the median home price in ZIP code 23235?

The median home value in ZIP code 23235 is $356k. The median monthly rent is $1,899. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in ZIP code 23235?

Home values in ZIP code 23235 have increased 20.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in ZIP code 23235?

Based on a typical all-in ownership cost of $1,644/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $70k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 23235 is $98k/year.

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What industries drive the economy in ZIP code 23235?

The largest employment sectors in ZIP code 23235 are public administration (28%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

Nearby Areas

Other ZIP codes in RICHMOND