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ZipNumbers

Isle of Wight County · Virginia

ZIP code 23487

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 23487 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
6,238

ZCTA residents

Median income
$72,517

Household, past 12 months

Median home
$242,500

Owner-occupied value

Sales tax
4.3%

Virginia state rate

Quick answer

ZIP 23487 sits in Isle of Wight County, Virginia and is home to 6,238 people. Median household income is $72,517, the median home is worth $242,500 and median gross rent is $1,014. 80.8% of households own their home, and purchases are taxed at 4.3% (Virginia state rate).

County
Isle of Wight County

FIPS 51093

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 23487

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

Population
6,238ZIP 23487 residents
Median household income
$72,517Past 12 months, inflation adjusted
Median home value
$242,500Owner-occupied units
Median gross rent
$1,014Rent plus utilities, monthly
Median age
42.9 yrsAll residents
Homeownership rate
80.8%Owner-occupied households

Sales tax in 23487

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
3.3×Home value ÷ household income
Est. mortgage
$1,258/mo20% down, 30-yr at 6.75%
Poverty rate
8.3%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 23487 compares

ZIP 23487 against the median ZIP in Isle of Wight County and across Virginia.

MeasureZIP 23487County medianState medianvs state
Median household income$72,517$72,517$72,517even
Median home value$242,500$293,800$255,900-5%
Median gross rent$1,014$1,125$1,108-8%
Population6,2384,1922,686+132%

Medians are computed across the 6 ZIP areas in Isle of Wight County and the 903 ZIP areas in Virginia.

Statewide rank

Where this ZIP places among all 903 Virginia ZIP areas.

Income

richer than 50% of 801 state ZIPs

#401
Home value

above 45% of 791 state ZIPs

#438
Population

larger than 66% of 903 state ZIPs

#310

Comparable ZIP codes

Virginia ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
22654Frederick County$72,500$384,000
23602Newport News city$72,487$270,200$1,446
24128Giles County$72,396$252,900$656
24153Roanoke County$72,691$251,400$1,058
24482Augusta County$72,693$233,700$1,075
23315Isle of Wight County$72,321$255,900$1,125

Nearby ZIP codes

Other ZIP codes filed under Isle of Wight County.

ZIP 23487 questions

Common questions about this ZIP code.

Where is ZIP code 23487?
ZIP 23487 lies mostly in Isle of Wight 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 23487?
Virginia charges 4.3% statewide, plus any county, city or district rate that applies locally.
Is 23487 expensive to live in?
Median rent runs $1,014 a month, about 17% of median household income, and the median home is worth $242,500-5% 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 23487, 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.