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2705 Hanover Ave
Richmond, VA 23220

Average July Temperature
HighLow
8868
Average January Temperature
HighLow
4528
Annual Precipitation: 44 inches

Residency Info


Population

Zip Code: 23220
Compare To Zip Code:
Total Population: 29013
Male Population: 13939
Female Population: 15074
Zip Code 23220 Population: 29013
Richmond city Population: 193090
Virginia Population: 7752820
Growth/Decline in Richmond Population Since 1990: -3%
Growth/Decline in Richmond city Population Since 1990: -5%
Growth/Decline in Virginia Population Since 1990: 25%

Population by Age

Zip Code: 23220
Compare To Zip Code:
Median Age: 29
0 - 4 Years: 1548
5 - 9 Years: 1272
10 - 14 Years: 1096
15 - 19 Years: 3154
20 - 24 Years: 4344
25 - 29 Years: 2948
30 - 34 Years: 2109
35 - 39 Years: 1831
40 - 44 Years: 1620
45 - 49 Years: 1696
50 - 54 Years: 1710
55 - 59 Years: 1496
60 - 64 Years: 1090
65 - 69 Years: 751
70 - 74 Years: 707
75 - 79 Years: 577
80 - 84 Years: 522
Over 85 Years: 540

Population by Race / Ethnicity

Zip Code: 23220
Compare To Zip Code:
White: 14813
Black: 12220
American Indian, Eskimo, Aleut: 92
Asian: 998
Other: 276
Hawaiiian, Pacific Islander: 13
Hispanic: 897
Non Hispanic: 28117

Population by Educational Level

Zip Code: 23220
Compare To Zip Code:
Less than 9th Grade: 918
Some High School: 1608
High School 3964
Some College: 2863
Associate Degree: 619
Bachelors Degree: 4431
Graduate Degree: 3194

Dwellings

Zip Code: 23220
Compare To Zip Code:
Median Dwelling Age: 65 years
Vacant Dwellings: 2270
Owner-Occupied: 3793
Renter-Occupied: 8517

Population by Marital Status

Zip Code: 23220
Compare To Zip Code:
Never Married: 13278
Now Married: 4538
Separated: 2841
Widowed: 1405
Divorced: 2476

Households

Zip Code: 23220
Compare To Zip Code:
Total Number of Households: 12309
Family: 3676
Non-Family: 8633
With Children: 1969
No Children: 10341
Average Household Size: 2

Finance


Median Income

Zip Code: 23220
Compare To Zip Code:
Per Capita Income: $24,935
Median Disposable Income: $27,858
Median Income, Age Less than 25: $18,655
Median Income, Age 25 - 34: $35,319
Median Income, Age 35 - 44: $40,198
Median Income, Age 45 - 54: $40,160
Median Income, Age 55 - 64: $36,213
Median Income, Age 65 - 74: $26,094
Median Income, Age Over 75: $19,728

Household Income

Zip Code: 23220
Compare To Zip Code:
Median Household Income: $30,845
Average Household Income: $50,693
Households $0 - $10,000: 2500
Households $10,000 - $15,000: 1066
Households $15,000 - $20,000: 949
Households $20,000 - $25,000: 810
Households $25,000 - $30,000: 736
Households $30,000 - $35,000: 541
Households $35,000 - $40,000: 643
Households $40,000 - $45,000: 573
Households $45,000 - $50,000: 449
Households $50,000 - $60,000: 931
Households $60,000 - $75,000: 807
Households $75,000 - $100,000: 821
Households $100,000 - $125,000: 434
Households $125,000 - $150,000: 266
Households $150,000 - $200,000: 336
Households $200,000 - $250,000: 134
Households $250,000 - $500,000: 170
Households Greater than $500,000: 139

Expenditure Index (100 = National Average)

Zip Code: 23220
Compare To Zip Code:
Average Total Household Expenditure: $43,928
Total Household Expenditure: 85
Contributions: 82
Personal Insurance: 81
Apparel: 85
Education: 87
Entertainment: 83
Food and Beverages: 87
Health Care: 89
Furnishings and Equipment: 81
Shelter: 85
Household Operations: 80
Miscellaneous: 88
Personal Care: 86
Reading: 86
Tobacco: 93
Transportation: 83
Utilities: 90
Gifts: 83

Net Worth

Zip Code: 23220
Compare To Zip Code:
Median Household Net Worth: $87,075
Average Household Net Worth: $357,071
$0 or Less: 1780
$1 to $5,000: 1989
$5,000 - $10,000: 909
$10,000 - $25,000: 1490
$25,000 - $50,000: 1517
$50,000 - $100,000: 1834
$100,000 - $250,000: 2061
$250,000 - $500,000: 776
Greater than $500,000: 408

Median Value of Assets

Zip Code: 23220
Compare To Zip Code:
Transaction Accounts: $19,651
Certificates of Deposit: $5,401
Savings Bonds: $808
Bonds (Non US Savings): $8,411
Stocks: $27,093
Mutual Funds: $22,115
Retirement Accounts: $46,463
Cash Value Life Insurance: $4,562
Other Managed Accounts: $11,526
Other Financial Assets: $3,518
Any Financial Assets: $149,547
Vehicles Owned: $13,719
Home Equity: $126,044
Investment Property: $28,444
Business Equity: $19,888
Other Non-Financial Assets: $74,481
Any Non-Financial Assets: $3,998

Median Value of Debt

Zip Code: 23220
Compare To Zip Code:
Mortgage: $266,574
Installment Loans: $42,596
Lines of Credit: $5,573
Credit Card: $514
Investment Real Estate: $7,378
Other: $10,463
Total Debts: $112,862

Vehicles

Zip Code: 23220
Compare To Zip Code:
No Vehicles: 22
One Vehicle: 45
Two or More Vehicles: 33

Employment


Occupation

Zip Code: 23220
Compare To Zip Code:
White Collar: 26713
Blue Collar: 6925

Business Counts

Zip Code: 23220
Compare To Zip Code:
Executives, Managers, Administrators: 4050
Professional Specialty Occupations: 8165
Sales Professionals: 606
Technologies and Technicians: 1044
Sales Workers and Clerks: 1957
Administrative Support: 6203
Technical, Sales and Administative, Field Based: 83
Private Household: 0
Protective Services: 533
Other Services, Site Based: 3929
Other Services, Field Based: 143
Farming, Forestry and Fishing: 823
Precision, Craft, and Repair, Site Based: 2518
Construction, Repair and Mining, Field Based: 984
Machine Operators, Assemblers and Inspectors: 686
Transportation Materials Moving Workers: 1080
Handlers, Helpers and Laborers: 834

Employees

Zip Code: 23220
Compare To Zip Code:
Agricultural, Forestry, Fishing: 74
Mining: 3
Construction: 1708
Manufacturing: 1773
Transportation and Communications: 1958
Wholesale Trade: 934
Retail Trade: 4089
Finance, Insurance and Real Estate: 2157
Services: 18217
Public Administation: 2723
Unclassified: 187

Quality of Life


Weather Index (100=National Average)

Zip Code: 23220
Compare To Zip Code:
Average January High Temperature: 45° F
Average January Low Temperature: 28° F
Average July High Temperature: 88° F
Average July Low Temperature: 68° F
Annual Precipitation: 44 inches
Earthquake: 65
Weather Risk: 94
Hail: 23
Hurricane: 122
Tornado: 76
Severe Wind: 45
Air Pollution: 93
Ozone: 112
Carbon Monoxide: 83
Lead: 42
NO2: 132
Particulate Matter: 98

Crime Index (100=National Average)

Zip Code: 23220
Compare To Zip Code:
Total Crime Risk (Personal and Property Crimes): 287
Personal Crime Risk (Rape, Murder, Assault, Robbery): 295
Murder: 586
Rape: 294
Robbery: 389
Assault: 184
Property Crime: 205
Burglary: 128
Larceny: 168
Motor Vehicle Theft: 239

Transportation to Work

Zip Code: 23220
Compare To Zip Code:
Public: 9%
Drive, Carpool: 74%
Walk, Bike, Other: 15%
Work at Home: 2%
Median Travel Time (minutes): 16

Turnover

Zip Code: 23220
Compare To Zip Code:
In Current Residence 5+ Years: 24%
Annual Residential Turnover: 32%
Median Years in Residence: 2

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