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Chesterfield County · Virginia

ZIP code 23831

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 23831 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
37,819

ZCTA residents

Median income
$92,092

Household, past 12 months

Median home
$300,200

Owner-occupied value

Sales tax
4.3%

Virginia state rate

Quick answer

ZIP 23831 sits in Chesterfield County, Virginia and is home to 37,819 people. Median household income is $92,092, the median home is worth $300,200 and median gross rent is $1,560. 74.7% of households own their home, and purchases are taxed at 4.3% (Virginia state rate).

County
Chesterfield County

FIPS 51041

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 23831

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

Population
37,819ZIP 23831 residents
Median household income
$92,092Past 12 months, inflation adjusted
Median home value
$300,200Owner-occupied units
Median gross rent
$1,560Rent plus utilities, monthly
Median age
41 yrsAll residents
Homeownership rate
74.7%Owner-occupied households

ZIP 23831 in context

How this area compares with national benchmarks.

ZIP 23831 is a small city in Chesterfield County, Virginia, with 37,819 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #56 of 903 ranked by population — larger than 93% of them. The median age here is 41 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 23831 earn a median of $92,092 a year, 17.3% above the national figure of $78,538. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 5.8% of residents here, less than half the 12.4% national rate.

The typical owner-occupied home in ZIP 23831 is valued at $300,200, 1.1% below the national figure, while median gross rent runs $1,560 a month, 11% above the national figure, or roughly $18,720 across a full year. A household on the local median income would put about 20.3% 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 3.3×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 74.7% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

All values below were released by the Census for this exact geography, with no gap-filling on our side. 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 23831 in context

How 23831 sits inside Chesterfield County and Virginia.

ZIP 23831 is tabulated inside Chesterfield County, Virginia, one of 13 ZIP areas the Census publishes for that county and 903 across Virginia. This is a dense urban ZIP, where a single postal boundary can hold more residents than an entire rural county. 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 23831 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.

Against its own county, 23831 reports a median household income of $92,092, 11% below the $103,742 county median, and 27% above the $72,517 typical VA ZIP. Owner-occupied homes are valued at a median of $300,200, 10% below the county figure and 17% above the statewide ZIP median. Rent is reported gross — the contract amount plus tenant-paid utilities — at $1,560 a month, which is why it reads higher than the advertised rent on a listing for the same unit.

Virginia charges 4.3% statewide, and local governments overlapping 23831 may add county, city or special-district levies on top. We publish the state floor for this ZIP rather than guessing a combined figure, because ZIP boundaries and taxing-district boundaries were drawn for different purposes and do not line up.

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 23831 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 23831

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
20%Median rent ÷ median income
Price-to-income
3.3×Home value ÷ household income
Est. mortgage
$1,558/mo20% down, 30-yr at 6.75%
Poverty rate
5.8%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 23831 compares

ZIP 23831 against the median ZIP in Chesterfield County and across Virginia.

MeasureZIP 23831County medianState medianvs state
Median household income$92,092$103,742$72,517+27%
Median home value$300,200$334,800$255,900+17%
Median gross rent$1,560$1,663$1,108+41%
Population37,81927,1182,686+1308%

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

Statewide rank

Where this ZIP places among all 903 Virginia ZIP areas.

Income

richer than 69% of 801 state ZIPs

#248
Home value

above 61% of 791 state ZIPs

#305
Population

larger than 94% of 903 state ZIPs

#56

Comparable ZIP codes

Virginia ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
24503Bedford County$92,025$320,500$972
24467Augusta County$92,165$379,900$709
23009King William County$91,923$281,700$1,167
23438Suffolk city$91,667$251,300$1,159
24072Floyd County$91,563$221,100$1,469
23061Gloucester County$91,547$297,100$1,199

Nearby ZIP codes

Other ZIP codes filed under Chesterfield County.

Adjacent ZIP Codes

Other ZIP codes in Chesterfield County, Virginia.

ZIP 23831 questions

Common questions about this ZIP code.

Where is ZIP code 23831?
ZIP 23831 lies mostly in Chesterfield 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 23831?
Virginia charges 4.3% statewide, plus any county, city or district rate that applies locally.
Is 23831 expensive to live in?
Median rent runs $1,560 a month, about 20% of median household income, and the median home is worth $300,200 — +17% 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 23831, 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.