Census ACS · ZIP Code Tabulation Area

23294 Income Statistics for 2026

Henrico County, Virginia

Median household income

$64,164

Median household income ($64,164) is lower than Henrico County County ($92,024).

23294$64,164
Henrico County County$92,024
23059$157,897
23233$125,665
23229$107,854
23238$101,523
23060$104,468

Average household income

$88,812

Average household income ($88,812) is lower than Henrico County County ($123,882).

23294$88,812
Henrico County County$123,882
23059$202,971
23233$165,830
23229$164,566
23238$154,261
23060$130,062

Per-capita income

$36,771

Per-capita income ($36,771) is lower than Henrico County County ($51,983).

23294$36,771
Henrico County County$51,983
23059$75,415
23233$66,552
23229$63,629
23238$67,364
23060$52,460

Households earning $100k+

30.9%

Households earning $100k+ (30.9%) is lower than Henrico County County (44.0%).

2329430.9%
Henrico County County44.0%
2305969.9%
2323360.4%
2322952.8%
2323850.3%
2306052.1%

All demographics

Population
20,216
Households
8,390
Median age
32.3 yrs
Median household income
$64,164
Mean household income
$88,812
Per capita income
$36,771
Median home value
$294,500
Median gross rent
$1,625
Owner-occupied housing
35.7%
Bachelor's degree or higher
36.9%
In labor force
74.9%
Poverty rate
14.3%
Households earning $100k+
30.9%
Population under 5
8.3%
Population age 18–34
32.9%
Population age 25–44
35.4%
Population age 45–64
19.0%
Population age 65+
10.4%
Hispanic or Latino
11.6%
Black (non-Hispanic)
18.9%
Asian (non-Hispanic)
15.1%
Unemployment rate
4.8%

County and peer ZIP comparisons use population-weighted aggregates from other ZCTAs in the same county. Source: US Census Bureau ACS 5-year estimates. Page URL: https://resource.skyrocketbpo.com/tools/market-research/us-income-demographics-by-zip-code/virginia/23294

Link to this page

Permanent URL backed by Census ACS data in PocketBase.

Context & methodology

About ZIP 23294 income statistics ($64,164 median)

ZIP Code Tabulation Area 23294 in Virginia is defined by the U.S. Census Bureau for statistical reporting. It closely matches USPS ZIP code 23294 but may differ slightly at edges — use these ACS figures as demographic benchmarks, not exact postal boundaries.

An estimated 20,216 people live in this ZCTA. Median household income here ($64,164) is lower than Henrico County County ($92,024). Operators sizing a local market often pair median income with mean income ($88,812) and the share of households earning $100k+ to gauge both typical and upscale demand.

The neighboring ZIP comparison table above lists adjacent ZCTAs with their own ACS estimates. Large gaps between adjacent ZIP codes are common — a few miles can separate very different income profiles, which matters for retail trade areas, service radius, and competitive positioning.

Small-area ACS estimates carry wider margins of error than state or county totals. The Census Bureau publishes guidance on interpreting confidence intervals (linked below). When a figure is critical to your analysis, download the underlying table from data.census.gov and review the margin of error column before citing it in a business plan or press release.

Data vintage: Census ACS 2024 5-year estimates (published 2026). Tables: B19013 (median HH income), B19001 (distribution), B19049 (income by age of householder).

Authoritative sources & further reading

Primary government data and reference pages for verifying and extending this analysis.

Related market research tools

Combine ZIP-level income with these free Resource tools for fuller market pictures.

All ZIP codes·Virginia·ZIP codes in Henrico County