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Henrico County · Virginia

ZIP code 23227

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 23227 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
25,574

ZCTA residents

Median income
$70,537

Household, past 12 months

Median home
$329,700

Owner-occupied value

Sales tax
6%

Combined state + local

Quick answer

ZIP 23227 sits in Henrico County, Virginia and is home to 25,574 people. Median household income is $70,537, the median home is worth $329,700 and median gross rent is $1,306. 54.9% of households own their home, and purchases are taxed at 6% combined.

County
Henrico County

FIPS 51087

State
Virginia (VA)

903 ZIPs covered

Area codes
276, 804

NANPA codes serving this area

Metro area
Richmond

Rate jurisdiction used for tax

The numbers for 23227

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

Population
25,574ZIP 23227 residents
Median household income
$70,537Past 12 months, inflation adjusted
Median home value
$329,700Owner-occupied units
Median gross rent
$1,306Rent plus utilities, monthly
Median age
43.5 yrsAll residents
Homeownership rate
54.9%Owner-occupied households

ZIP 23227 in context

How this area compares with national benchmarks.

ZIP 23227 is a small city in Henrico County, Virginia, with 25,574 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #136 of 903 ranked by population — larger than 85% of them. The median age here is 43.5 years against 39.1 nationally, a slightly older profile than the country as a whole. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in ZIP 23227 earn a median of $70,537 a year, 10.2% below the national figure of $78,538. Median household income counts every pre-tax dollar arriving at an address — wages, self-employment, Social Security, pensions, interest and public assistance — for everyone living there, so multi-earner households pull the figure up even where individual pay is modest. Poverty reaches 13.2% of residents here, above the 12.4% national rate.

The typical owner-occupied home in ZIP 23227 is valued at $329,700, 8.7% above the national figure, while median gross rent runs $1,306 a month, 7.1% below the national figure, or roughly $15,672 across a full year. A household on the local median income would put about 22.2% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 4.7×, against roughly 3.9× nationally, so buying is harder here than in the average US market. 54.9% of occupied homes are owner-occupied versus 65% nationally, so the market leans more heavily on renters. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Reading ZIP 23227 in context

How 23227 sits inside Henrico County and Virginia.

ZIP 23227 is tabulated inside Henrico County, Virginia, one of 13 ZIP areas the Census publishes for that county and 903 across Virginia. This is a mid-sized suburban ZIP inside a county that is split across many delivery areas. County assignment on this page follows the largest share of the ZIP's land area, which matters where a delivery route crosses a county line: mail addressed to 23227 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.

Against its own county, 23227 reports a median household income of $70,537, close to the $70,863 county median, and 3% below the $72,517 typical VA ZIP. Owner-occupied homes are valued at a median of $329,700, 20% above the county figure and 29% above the statewide ZIP median. Rent is reported gross — the contract amount plus tenant-paid utilities — at $1,306 a month, which is why it reads higher than the advertised rent on a listing for the same unit.

A taxable purchase made inside 23227 carries 6% at the register, assembled from the Richmond jurisdiction stack: the Virginia state rate plus every county, municipal and special district levy that reaches this address. Because those district boundaries were drawn for schools, transit and hospital funding rather than for mail delivery, two addresses inside 23227 can legitimately fall under different totals — the rate shown here is the one that applies to the dominant jurisdiction.

Everything above comes from the Census Bureau American Community Survey 2019-2023 ACS 5-year estimates for this ZIP Code Tabulation Area, with sales tax rates traced to the state revenue agency. Five-year estimates pool sixty months of responses, so they are stable enough to compare 23227 with its neighbours but always trail the current year, and any value the Census suppressed for sample size is shown as unpublished rather than filled in with a model.

Sales tax in 23227

What a purchase inside this ZIP costs at checkout.

Rate applied
6%Richmond jurisdiction stack
Tax on $100
$6Rounded to the dollar
Tax on $1,000
$60Before any exemptions

This ZIP falls inside the Richmond rate area, so state, county, city and district levies are published here as a full stack.

Affordability in this ZIP

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

Rent burden
22%Median rent ÷ median income
Price-to-income
4.7×Home value ÷ household income
Est. mortgage
$1,711/mo20% down, 30-yr at 6.75%
Poverty rate
13.2%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 23227 compares

ZIP 23227 against the median ZIP in Henrico County and across Virginia.

MeasureZIP 23227County medianState medianvs state
Median household income$70,537$70,863$72,517-3%
Median home value$329,700$275,000$255,900+29%
Median gross rent$1,306$1,346$1,108+18%
Population25,57426,8092,686+852%

Medians are computed across the 13 ZIP areas in Henrico County and the 903 ZIP areas in Virginia.

Statewide rank

Where this ZIP places among all 903 Virginia ZIP areas.

Income

richer than 46% of 801 state ZIPs

#430
Home value

above 65% of 791 state ZIPs

#273
Population

larger than 85% of 903 state ZIPs

#136

Comparable ZIP codes

Virginia ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
22815Rockingham County$70,598$249,700$1,005
22727Madison County$70,694$350,800$1,074
23867Sussex County$70,372$167,800$1,034
24104Bedford County$70,707$290,500$883
23509Norfolk city$70,715$238,500$1,259
22801Rockingham County$70,779$340,600$1,235

Nearby ZIP codes

Other ZIP codes filed under Henrico County.

Adjacent ZIP Codes

Other ZIP codes in Henrico County, Virginia.

ZIP 23227 questions

Common questions about this ZIP code.

Where is ZIP code 23227?
ZIP 23227 lies mostly in Henrico 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 23227?
Purchases are taxed at 6% combined, built from the Richmond jurisdiction stack.
Is 23227 expensive to live in?
Median rent runs $1,306 a month, about 22% of median household income, and the median home is worth $329,700 — +29% 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 23227, 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.