ZIP Code 23111 Demographics

Hanover County, Virginia  ·  ACS 2022 5-Year Estimates

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 23111 compared to county averages.

Total Population

37,528

↓ 66.0% vs county

Median HH Income

$89,849

↓ 14.2% vs county

Median Home Value

$298,000

↓ 14.3% vs county

Median Age

43.0 yrs

↓ +1.4% vs county

Unemployment Rate

2.4%

↑ 17.1% vs county

Income & Housing Comparison

How ZIP 23111 compares to Hanover County and Virginia overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 23111 $90k Hanover $105k Virginia $87k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 23111 $298k Hanover $348k Virginia $340k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

21.6%

of adults 25+ hold a bachelor's degree or higher

Owner Occupancy

78.5%

of occupied housing units are owner-occupied

Median Gross Rent

$1,414

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 23111 using local Census metrics.

Median Home Value$298,000
Down Payment (20%)$59,600
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$1,892P&I: $1507 | Tax: $298 | Ins: $87
Rent (Local Median)
$1,414
Renting is CheaperRenting is estimated to save you $478/month compared to buying costs.

How Does 23111 Compare?

Enter another ZIP code to see a side-by-side comparison.

Location & Neighboring Areas

Interactive map showing ZIP code 23111 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 23111, sorted by distance.

About Hanover County

Hanover County is located in Virginia and has a total population of 110,513. The county's median household income is $104,678 and median home value is $347,900. ZIP code 23111 is one of many ZCTAs within this county.

View all ZIP codes in Hanover County

Data source: American Community Survey (ACS) 2022 5-Year Estimates, U.S. Census Bureau. ZCTAs (ZIP Code Tabulation Areas) are used as proxies for USPS ZIP codes. Some USPS ZIP codes may not have a corresponding ZCTA.