Population 1,625 · Census ACS 2020–24
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Population and households in ZIP 23840
Household size in ZIP 23840
| Period | ZIP 23840 | Richmond area | Virginia | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.58 | 2.58 | 2.63 | 2.68 |
| 2010–14 | 2.69 | 2.63 | 2.68 | 2.73 |
| 2015–19 | 2.95 | 2.63 | 2.68 | 2.71 |
| 2020–24 | 2.51 | 2.54 | 2.62 | 2.65 |
| Change | −0.07 | −0.04 | −0.01 | −0.03 |
Households in ZIP 23840 run a little small, averaging 2.51 people against 2.65 nationally, which usually means more singles and couples and fewer children. The Richmond area as a whole looks much the same.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in ZIP 23840
| Period | ZIP 23840 | Richmond area | Virginia | U.S. |
|---|---|---|---|---|
| 2006–10 | 39.8 | 38.2 | 38.2 | 37.7 |
| 2010–14 | 46.8 | 39.0 | 39.0 | 38.6 |
| 2015–19 | 34.8 | 40.0 | 40.0 | 39.6 |
| 2020–24 | 52.5 | 39.6 | 40.3 | 40.1 |
| Change | +12.7 | +1.4 | +2.1 | +2.3 |
With a median age of 52.5, ZIP 23840 is noticeably older than the country as a whole (40.1), an age mix that tilts toward empty nesters and retirees. Since 2006–10, the median age has climbed from 39.8, but in a place this small, much of that may be survey noise rather than real change.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in ZIP 23840
| Period | ZIP 23840 | Richmond area | Virginia | U.S. |
|---|---|---|---|---|
| 2006–10 | 13.0% | 12.4% | 11.1% | 12.3% |
| 2010–14 | 15.4% | 12.4% | 11.0% | 12.3% |
| 2015–19 | 7.2% | 11.3% | 10.5% | 11.6% |
| 2020–24 | 3.4% | 12.5% | 10.7% | 11.6% |
| Change | −9.6 pts | +0.1 pts | −0.4 pts | −0.6 pts |
Single-parent households are relatively rare in ZIP 23840: 3.4% of households, against 11.6% nationally.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in ZIP 23840
Renters in ZIP 23840
| Period | ZIP 23840 | Richmond area | Virginia | U.S. |
|---|---|---|---|---|
| 2006–10 | 19.8% | 31.5% | 31.1% | 33.3% |
| 2010–14 | 24.7% | 33.8% | 33.3% | 35.6% |
| 2015–19 | 12.1% | 34.4% | 33.7% | 36.0% |
| 2020–24 | 13.4% | 33.0% | 32.7% | 34.8% |
| Change | −6.4 pts | +1.5 pts | +1.5 pts | +1.5 pts |
Only 13.4% of households in ZIP 23840 rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Among homeowners, 52.0% have no mortgage at all, well above the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in ZIP 23840
| Period | ZIP 23840 | Richmond area | Virginia | U.S. |
|---|---|---|---|---|
| 2006–10 | 25.8% | 9.7% | 10.3% | 11.4% |
| 2010–14 | 11.1% | 10.1% | 10.2% | 11.4% |
| 2015–19 | 11.0% | 8.1% | 9.7% | 11.1% |
| 2020–24 | 18.6% | 8.4% | 8.7% | 9.6% |
| Change | −7.2 pts | −1.3 pts | −1.6 pts | −1.8 pts |
Vacancy is high in ZIP 23840: 18.6% of homes are empty, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in ZIP 23840
| Period | ZIP 23840 | Richmond area | Virginia | U.S. |
|---|---|---|---|---|
| 2006–10 | 1978 | 1977 | 1978 | 1974 |
| 2010–14 | 1980 | 1979 | 1980 | 1975 |
| 2015–19 | 1989 | 1980 | 1981 | 1977 |
| 2020–24 | 1989 | 1984 | 1984 | 1980 |
| Change | +11 | +6 | +5 | +6 |
ZIP 23840 has newer housing than the country as a whole: the median home was built in 1989, versus 1980 nationally.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in ZIP 23840
| Period | ZIP 23840 | Richmond area | Virginia | U.S. |
|---|---|---|---|---|
| 2006–10 | $743 | $1,006 | $1,143 | $965 |
| 2010–14 | $672 | $1,097 | $1,238 | $1,040 |
| 2015–19 | $977 | $1,248 | $1,436 | $1,213 |
| 2020–24 | $1,048 | $1,608 | $1,743 | $1,571 |
| Change | +$306 | +$602 | +$600 | +$606 |
The median renter in ZIP 23840 pays $1,048 a month for rent and utilities, well below the national median of $1,571. Rent takes 39.9% of the typical renter's income, well over the 30% mark often used to define affordable rent, so many renters here are stretched.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in ZIP 23840
Bachelor's degrees in ZIP 23840
| Period | ZIP 23840 | Richmond area | Virginia | U.S. |
|---|---|---|---|---|
| 2006–10 | 13.2% | 33.0% | 35.2% | 28.4% |
| 2010–14 | 10.1% | 34.4% | 36.7% | 29.6% |
| 2015–19 | 15.0% | 38.0% | 39.3% | 32.1% |
| 2020–24 | 20.6% | 41.0% | 42.5% | 35.6% |
| Change | +7.5 pts | +8.0 pts | +7.3 pts | +7.2 pts |
College degrees are relatively uncommon in ZIP 23840: 20.6% of adults 25 and older hold a bachelor's or higher, well below the national share of 35.6%.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in ZIP 23840
| Period | ZIP 23840 | Richmond area | Virginia | U.S. |
|---|---|---|---|---|
| 2006–10 | 74.9% | 86.5% | 86.8% | 84.9% |
| 2010–14 | 77.7% | 88.1% | 88.3% | 86.1% |
| 2015–19 | 79.7% | 90.0% | 89.9% | 87.7% |
| 2020–24 | 94.5% | 92.3% | 91.6% | 89.3% |
| Change | +19.7 pts | +5.8 pts | +4.7 pts | +4.3 pts |
High school completion is high in ZIP 23840: 94.5% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in ZIP 23840
| Period | ZIP 23840 | Richmond area | Virginia | U.S. |
|---|---|---|---|---|
| 2006–10 | 8.0% | 7.1% | 6.0% | 8.1% |
| 2010–14 | 9.8% | 8.2% | 7.0% | 9.4% |
| 2015–19 | 6.5% | 5.2% | 4.7% | 5.6% |
| 2020–24 | 0.9% | 4.5% | 4.3% | 5.4% |
| Change | −7.1 pts | −2.6 pts | −1.7 pts | −2.7 pts |
The job market in ZIP 23840 has been strong: just 0.9% of the labor force was out of work and looking, well below the national rate of 5.4%. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
ZIP 23840 compared with nearby ZIP codes
| ZIP code | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| ZIP 23840 | 2.51 | 52.5 | 3.4% | 13.4% | 18.6% | 1989 | $1,048 | 20.6% | 94.5% | 0.9% |
| ZIP 23841 | 2.41 | 49.7 | 8.7% | 14.4% | 7.1% | 1983 | $912 | 24.6% | 92.8% | 4.0% |
| ZIP 23872 | 2.45 | 45.9 | 13.5% | 16.0% | 18.9% | 1991 | $1,073 | 10.6% | 92.0% | 3.4% |
| ZIP 23850 | 2.15 | 47.7 | 2.7% | 13.8% | 20.9% | 1984 | $917 | 15.6% | 90.5% | 3.3% |
| ZIP 23833 | 2.69 | 46.3 | 7.7% | 8.6% | 10.1% | 1990 | $1,248 | 16.1% | 94.1% | 1.8% |
| ZIP 23894 | 2.08 | 48.8 | 1.7% | 16.8% | 27.0% | 1980 | $910 | 18.1% | 91.3% | 4.2% |
| ZIP 23885 | 2.58 | 43.8 | 9.0% | 9.8% | 10.5% | 1986 | $1,290 | 21.0% | 96.1% | 0.5% |
| ZIP 23876 | 1.82 | 49.8 | 15.3% | 3.7% | 10.9% | 1990 | $733 | 11.1% | 89.8% | 4.8% |
| ZIP 23889 | 1.82 | 51.3 | 25.3% | 18.0% | 9.8% | 1992 | $860 | 7.0% | 63.0% | 1.4% |
| ZIP 23830 | 2.14 | 49.2 | 10.4% | 14.6% | 5.4% | 1988 | $954 | 19.4% | 90.1% | 2.1% |
| ZIP 23882 | 2.33 | 48.4 | 8.4% | 19.5% | 15.3% | 1983 | $892 | 17.1% | 87.5% | 1.4% |
All figures 2020–24.
Zip codes with similar populations: 01340, MA · 99553, AK · 95415, CA · 87710, NM · 82727, WY · 78055, TX · 76687, TX · 74860, OK · 13808, NY · 13661, NY
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up ZIP 23840. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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