ZIP Code 23462: Population, Income, Housing

State: VA
Total population: 66,151 Household income: $69,040 Rent: $1,713

Overview

Total population
66,151
Rent
$1,713
Year built
1983
Household income
$69,040
Per capita income
$37,881
Poverty rate
14.7%
Unemployment rate
N/A
Household size
2.3 persons
Rent over 30% of income
59.6%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Demographics

State
Virginia
County
City of Virginia Beach
City
Virginia Beach
Total population
66,151
Adults over 25
45,315
Total households
28,527
Household size
2.3 persons

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Income & Poverty

Household income
$69,040
Per capita income
$37,881
Poverty rate
14.7%
Unemployment rate
N/A
Rent over 30% of income
59.6%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Housing

Rent
$1,713
Year built
1983
Households that rent
46.3%
Households that own
53.7%
Rooms per home (all homes)
5.3

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Race

White
47.7%
Black
31.7%
Asian
5.8%
Two or more races
11.1%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Ethnicity

Hispanic or Latino
12%
Not Hispanic or Latino
88%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Commute

Commute rate
31,165 (88.3%)
Commute time to work
23 mins
Work from home
4,117 (11.7%)

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Education

Less than high school
30.3%
High school graduate or GED
26.2%
Some college or associate degree
12.8%
Bachelor’s degree or higher
30.7%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

ZIP data use Census ZCTAs, which closely match USPS ZIP Codes in most cases (see FAQ for details).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available. New 5-year estimates are published annually, about 6–12 months after the end of each reference year.

 

Comparison of ZIP Code 23462 with: Virginia Beach, VA Virginia Beach metro area, VA-NC Virginia United States

ZIP 23462

Total population66,151
Rent$1,713
Year built1983
Household income$69,040
Per capita income$37,881
Poverty rate14.7%
Unemployment rateN/A

Virginia Beach, VA

Total population456,349
Rent$1,714
Year built1984
Household income$92,968
Per capita income$48,736
Poverty rate8.6%
Unemployment rate2.5%

Virginia Beach Metro Area, VA-NC

Total population1,787,235
Rent$1,478
Year built1983
Household income$82,330
Per capita income$44,050
Poverty rate10.8%
Unemployment rate3.1%

Virginia State

Total population8,705,170
Rent$1,579
Year built1984
Household income$93,170
Per capita income$50,666
Poverty rate9.9%
Unemployment rate2.8%

United States

Total population334,922,499
Rent$1,413
Year built1980
Household income$80,734
Per capita income$44,673
Poverty rate12.5%
Unemployment rate4%
Metric ZIP23462 CityVirginia Beach, VAMetro AreaVirginia Beach metro area, VA-NCStateVirginiaCountryUnited States
Total population66,151456,3491,787,2358,705,170334,922,499
Rent$1,713$1,714$1,478$1,579$1,413
Year built19831984198319841980
Household income$69,040$92,968$82,330$93,170$80,734
Per capita income$37,881$48,736$44,050$50,666$44,673
Poverty rate14.7%8.6%10.8%9.9%12.5%
Unemployment rateN/A2.5%3.1%2.8%4%

View the full multi-level comparison →

 

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Summary for 23462

Rent & Income

In 23462, the typical monthly rent is $1,713 and the typical household income is $69,040. Rent here is similar to Virginia Beach and higher than Virginia, and household income is lower than both Virginia Beach and Virginia. The estimated poverty rate is 14.7%, which is higher than in both Virginia Beach and Virginia.

Housing & Affordability

Renters make up about 46.3% of households, indicating a relatively balanced mix of renters and owners. About 59.6% of renters spend more than 30% of their income on housing, indicating high cost burden.

Education & Employment

Educational attainment is moderate, with about 30.7% of adults holding a bachelor’s degree or higher.

 

ZIP 23462 — Rent vs Household Income

 

 

ZIP 23462 — Poverty

 

 

How ZIP 23462 compares in Virginia (101 ZIP Codes)

Metric This ZIP Rank Starts from State range
Rent $1,713 45 / 101 from lower rent $790 – $3,501
Household income $69,040 84 / 101 from higher income $47,924 – $250,001
Poverty rate 14.7% 87 / 101 from lower poverty 2% – 33.6%

Rankings are calculated among ZIP Codes in Virginia with total population > 30,000 (year 2024).

 

Detailed Ranking Explanation for ZIP Code 23462

Rent

Looking at rent levels, ZIP Code 23462 places 45th out of 101 ZIP Codes in Virginia. Throughout Virginia, numbers span from $790 in ZIP 24112 up to $3,501 in ZIP 22101.

Household income

In terms of earnings, this ZIP comes 84th out of 101 ZIP Codes. At the state level, values extend from $47,924 in ZIP 24540 up to $250,001 in ZIP 22101.

Poverty rate

In terms of poverty rate, ZIP Code 23462 comes 87th out of 101 ZIP Codes. In Virginia as a whole, the range goes from 2% in ZIP 20105 up to 33.6% in ZIP 24060.

 

💰 Rent in ZIP Code 23462 (with Utilities)

Estimated Monthly Rent: $1,713 ℹ️ What’s Included:
✅ Base rent, electricity, gas, water/sewer, and heating fuels
❌ Not included: internet, cable TV, renter's insurance, parking

💡 What does this rent estimate mean?

Explanation: This estimate shows what renters typically pay each month for housing — including the apartment or home and essential utilities like heat, water, and electricity.

Included in this number: Rent plus electricity, gas, water/sewer, and heating fuel.

Not included: Internet, cable, parking, renter’s insurance, or furniture rental.

Note: This cost does not depend on the number of people living in the home.

👨‍👧‍👦 Household Income in ZIP Code 23462

Annual Household Income: $69,040

💡 What does Household Income mean?

Definition: This represents the middle value of all household incomes in the ZIP code — half of households earn less, and half earn more.

Includes: wages, salaries, self-employment income, Social Security, pensions, investments, unemployment, public assistance, and rental income.

Does NOT include: capital gains, non-cash benefits (like food stamps), or tax refunds.

Household = any group of people (or a single person) living in the same housing unit.

Example: A couple earning $40,000 and $30,000 together have a household income of $70,000. If that's in the middle of all local incomes, it's the value shown here.

📉 Poverty Rate in ZIP Code 23462

Estimated Rate: 14.7%

💡 What does the Poverty Rate represent?

Definition: The percentage of people in this area living below the federal poverty threshold.

How it works: The threshold is a dollar amount set by the U.S. Census Bureau that varies by family size and age. If a household's income is below that level, everyone in it is included in this rate.

Example: In a town of 10,000 people, if 1,500 have incomes below the poverty line, the poverty rate is 15%.

Note: This statistic only includes people living in households; it does not count those in student housing, military barracks, or nursing homes.

🏘️ Renter vs. Owner Households in ZIP Code 23462

In ZIP Code 23462, households that rent: 13,200 (46.3%)

📊 What does the renter household percentage reveal about this ZIP Code?
Household Type Count Share
Renter-Occupied 13,200 46.3%
Owner-Occupied 15,327 53.7%

Definition: This is the percentage of households that rent their home rather than own it. It includes only occupied housing units.

Why it matters: Areas with a high share of renter households often have younger populations, higher mobility, and different housing needs compared to mostly owner-occupied areas.

Example: If 65% of homes in an area are renter-occupied, it means 65 out of every 100 households rent their home.

📉 Renters Spending Over 30% of Income on Rent in ZIP Code 23462

In ZIP Code 23462, cost-burdened renters (households spending over 30% of income on housing): 7,861 (59.6%)

🏚️ What Does It Mean When Renters Spend Over 30% of Their Income on Housing?
Household Group Households Share
Cost-burdened renters (over 30%) 7,861 59.6%
Other renter households 5,339 40.4%
Total renter households 13,200 100%

Shares are calculated as a percentage of renter households.

This shows how many renters in the ZIP code are considered cost-burdened — meaning they spend more than 30% of their income on housing (rent and basic utilities).

It’s a sign that housing might be unaffordable in the area or that lower-income residents may be struggling with rent.

Data comes from the U.S. Census Bureau’s American Community Survey.

📊 Education Levels in ZIP Code 23462

Less than High School: 13,737 people (30.3%)

Includes adults who did not complete high school.

High School Graduate or GED: 11,878 people (26.2%)

Includes adults whose highest education is a high school diploma or GED.

Some College or Associate Degree: 5,800 people (12.8%)

Includes adults who attended college without completing a bachelor’s degree (some college or associate degree).

Bachelor’s Degree or Higher: 13,900 people (30.7%)

Includes adults with a bachelor’s degree or higher (bachelor’s, master’s, professional, or doctoral degree).

👥 Total Adults (25+): 45,315

ℹ️ Have questions about how these statistics are calculated? See our data methodology & FAQs

 

Source: ACS 5-Year Estimates (U.S. Census Bureau) — unemployment rate from BLS. Some values are derived metrics.