Zip Code

23227

City

Richmond, VA

Population & Migration

What is the forecasted population for Zip code 23227 Richmond, VA?

Population census 2020
26,467
Forecasted population 2025
25,732
-0.03% vs. 2020
Forecasted population 2030
26,364
-0.00% vs. 2020

Zip code 23227 Richmond, VA population is forecasted to decrease -0.03% by 2025 (-7.5 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 25,732 people for 2025 zip code 23227 Richmond, VA will generate a good demand for housing, which is expected to have an excess of -49 houses for 2030. Vacancy rate is 2.9 points above national US average.

Total homes available 2020
12,841
Estimated total home demand in 2030
12,791
Total homes balance inventory
-49

Average Household Income in zip code 23227 Richmond, VA
from Internal Revenue Service

Average household income in 2021
$84,310

Affordability

Affordability Index
3

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 23227 Richmond, VA?

County total number of drinking water violations

11

-95%

244

County total number of drinking water contaminations

3

-88%

24

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