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ZipNumbers

Hanover County · Virginia

ZIP code 23047

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 23047 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
1,457

ZCTA residents

Median income
$81,203

Household, past 12 months

Median home
$419,200

Owner-occupied value

Sales tax
4.3%

Virginia state rate

Quick answer

ZIP 23047 sits in Hanover County, Virginia and is home to 1,457 people. Median household income is $81,203, the median home is worth $419,200 and median gross rent is $1,180. 88.3% of households own their home, and purchases are taxed at 4.3% (Virginia state rate).

County
Hanover County

FIPS 51085

State
Virginia (VA)

903 ZIPs covered

Area codes
Not published

No NANPA match for this ZIP

Metro area
Outside covered metros

Rate jurisdiction used for tax

The numbers for 23047

American Community Survey 2019-2023 ACS 5-year estimates for this ZCTA.

Population
1,457ZIP 23047 residents
Median household income
$81,203Past 12 months, inflation adjusted
Median home value
$419,200Owner-occupied units
Median gross rent
$1,180Rent plus utilities, monthly
Median age
59.6 yrsAll residents
Homeownership rate
88.3%Owner-occupied households

Sales tax in 23047

What a purchase inside this ZIP costs at checkout.

Rate applied
4.3%State base rate only
Tax on $100
$4Rounded to the dollar
Tax on $1,000
$43Before any exemptions

Virginia levies 4.3% statewide, and counties, cities and special districts inside this ZIP can add their own local rate on top. Check the county page for the local component before you quote a price.

Affordability in this ZIP

Derived from the Census medians above — indicative, not an offer.

Rent burden
17%Median rent ÷ median income
Price-to-income
5.2×Home value ÷ household income
Est. mortgage
$2,175/mo20% down, 30-yr at 6.75%
Poverty rate
1.4%Residents below poverty line

A rent burden above 30% is the federal threshold for cost-burdened households, and a price-to-income multiple above 4× is generally considered a stretched housing market. The mortgage figure is principal and interest only — taxes, insurance and HOA dues are extra.

How 23047 compares

ZIP 23047 against the median ZIP in Hanover County and across Virginia.

MeasureZIP 23047County medianState medianvs state
Median household income$81,203$98,682$72,517+12%
Median home value$419,200$405,900$255,900+64%
Median gross rent$1,180$1,571$1,108+6%
Population1,4576,4452,686-46%

Medians are computed across the 9 ZIP areas in Hanover County and the 903 ZIP areas in Virginia.

Statewide rank

Where this ZIP places among all 903 Virginia ZIP areas.

Income

richer than 59% of 801 state ZIPs

#331
Home value

above 79% of 791 state ZIPs

#165
Population

larger than 35% of 903 state ZIPs

#585

Comparable ZIP codes

Virginia ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
24477Augusta County$81,188$260,900$1,107
23894Dinwiddie County$81,250$187,500
23801Prince George County$81,105$1,813
22645Frederick County$81,354$389,100$1,018
22578Lancaster County$80,938$482,700$1,096
22734Fauquier County$81,545$361,400$1,387

Nearby ZIP codes

Other ZIP codes filed under Hanover County.

ZIP 23047 questions

Common questions about this ZIP code.

Where is ZIP code 23047?
ZIP 23047 lies mostly in Hanover County, Virginia. County assignment follows the largest share of land area, so a ZIP straddling a county line is filed under its dominant county.
What sales tax do I pay in 23047?
Virginia charges 4.3% statewide, plus any county, city or district rate that applies locally.
Is 23047 expensive to live in?
Median rent runs $1,180 a month, about 17% of median household income, and the median home is worth $419,200+64% against the typical Virginia ZIP.
Is a ZCTA the same as a postal ZIP code?
Not exactly. The Census builds ZIP Code Tabulation Areas from the ZIP codes of addresses inside each census block, so a ZCTA can differ slightly from the USPS delivery route of the same number, and PO-box-only ZIPs have no ZCTA at all.

Related pages for this area.

Sources & transparency

Every figure on this page is a published estimate for ZIP Code Tabulation Area 23047, except the affordability ratios and mortgage estimate, which we derive from those medians and label as estimates.

Last reviewed December 2024. Figures are published for reference and can change; verify with the source agency before filing or contracting. How we build and check this data.