ZCTA5 23842

ZIP 23842

ZIP Code Tabulation Area. Census demographic and economic indicators for 23842, drawn from the American Community Survey 5-year estimates.

7.0K
Population
$85,375
Median income
$248,000
Median home

What ZIP 23842 actually tells you, and what it doesn't

The 23842 ZIP Code Tabulation Area has a population of 6,956 and a median household income of $85,375. Against the other tabulation areas in this dataset, it places as follows.

The median home is priced at about 2.9 times median household income, above the midpoint for reporting areas. A gap of this size usually means demand is being set by buyers whose income is not counted in this ZCTA -- commuters, second-home buyers, or investors.

Renting takes an unusually small bite of local income -- about 14% of median household income at the median rent, in the lowest quarter of the 25,890 areas reporting both.

The median age of 43.6 sits above the midpoint of reporting areas, the pattern of a settled population where more residents are past child-rearing than entering it.

ZCTAs approximate USPS ZIP codes rather than matching them, and these are 5-year ACS estimates, so they trail current conditions.

Population
6,956
Median Income
$85,375
Home Value
$248,000
Median Rent
$1,014

Demographics & Economics

Demographic and economic indicators for ZIP code 23842
Indicator Value Source
Population 6,956 ACS 2022
Median Household Income $85,375 ACS 2022
Median Home Value $248,000 ACS 2022
Median Rent $1,014/mo ACS 2022
Median Age 43.6 ACS 2022
Poverty Rate 7.7% ACS 2022
Unemployment Rate 4.4% ACS 2022
Bachelor's Degree+ 19.2% ACS 2022

Nearby ZIP Codes 8

Data Sources

Data from the Census Bureau American Community Survey (2022 5-year estimates) by ZIP Code Tabulation Area (ZCTA). Geographic boundaries from the U.S. Census Bureau TIGER/Line shapefiles.