ZIP comparison · Richmond, VA
23224 vs 23860
Side-by-side comparison of two ZIP codes — typical home value, rent, yield, taxes, schools, and demographics. The greener number on each row signals which ZIP comes out ahead on that metric.
| Metric | ZIP23224Richmond, VA | ZIP23860Hopewell, VA |
|---|---|---|
| Home value | ||
| Typical home value | Better: $246,154 | $235,120 |
| 1-year appreciation | +2.0% | Better: +2.3% |
| 5-year CAGR | Better: +8.4% | +7.5% |
| 10-year CAGR | Better: +10.8% | +8.1% |
| Rent & investment | ||
| Monthly rent | $1,547 | Better: $1,278 |
| Gross yield | Better: 7.5% | 6.5% |
| Cap rate | Better: 4.5% | 3.9% |
| Property tax | ||
| Effective tax rate | 0.8% | Better: 0.8% |
| Typical annual tax | $2,078 | Better: $1,913 |
| Demographics | ||
| Population | 40,575 | 31,404 |
| Median household income | $50,475 | Better: $62,141 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Low | Very Low |
| Net migration | Better: +620 | -40 |
| Schools | ||
| Public schools | 6 | 7 |
| Students enrolled | 3,588 | 3,944 |