U.S. ZIP Code · VA23294
Henrico County · Richmond, VA
Appreciation
- 1-year
- +0.5%
- 5-year / yr
- +6.3%
- 10-year / yr
- +6.6%
Relative price
- vs U.S.
- +28.0%
- vs metro
- -2.2%
- vs state
- +10.8%
Price history
Zillow Home Value Index — monthly, smoothed and seasonally adjusted.
The typical home in 23294 is worth $363,728 — 2.2% below the Richmond, VA median. Over the past year, values have risen 0.5%. Homes here rent for a typical $1,639 a month — a 5.4% gross rental yield. The effective property tax rate is 0.6%.
#Rent & investment
Typical asking rent, and the returns it implies at the current home value.
#Property tax
Effective rate — total real estate taxes paid relative to total home value.
#Climate risk
FEMA National Risk Index ratings for Henrico County. "Not Applicable" means the hazard does not threaten the county.
- Overall risk
- Relatively Moderate[4]
- Riverine flood
- Relatively Moderate
- Coastal flood
- Very Low
- Wildfire
- Very Low
- Drought
- Relatively Moderate
- Heat wave
- Relatively Moderate
- Hurricane
- Relatively Moderate
- Tornado
- Relatively Moderate
- Earthquake
- Relatively Moderate
- Winter weather
- Relatively High
#Who lives here
#Migration
Household moves in and out of Henrico County over a year, from IRS tax-return data.
- Net migration
- +147[5]
- Moved in
- 12,460
- Moved out
- 12,313
Schools
Open public schools in this ZIP, from the NCES Common Core of Data.
- Public schools
- 3
- Elementary
- 2
- Middle
- 0
- High
- 1
John Randolph Tucker High
High · Grades 9–12 · Henrico County Public Schools
2,032 students
Skipwith Elementary
Elementary · Grades PK–5 · Henrico County Public Schools
565 students
R.C. Longan Elementary
Elementary · Grades PK–5 · Henrico County Public Schools
487 students
Run the numbers
Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.
Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.
Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.
Renting is meaningfully cheaper month-to-month.
This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.
#Metro ranking
Where this ZIP sits among others in its metro area.
Frequently asked
- How much is a home worth in ZIP code 23294?
- The typical home in 23294 is worth $363,728, based on the Zillow Home Value Index.
- Are home values rising in 23294?
- Home values in 23294 are up 0.5% over the past year, and up 6.3% a year over five years.
- What is the typical rent in 23294?
- A typical home in 23294 rents for about $1,639 a month, a gross rental yield of 5.4%.
- What is the property tax rate in 23294?
- The effective property tax rate in 23294 is 0.6% — roughly $2,175 a year on a typical home.
- Who lives in 23294?
- ZIP code 23294 has a population of 20,216 and a median household income of $64,164.
#Comparable ZIPs
Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.
Richmond, VA
- Typical home
- $362,166
- Gross yield
- 5.3%
Central Garage CDP, VA
- Typical home
- $360,173
- Gross yield
- —
Richmond, VA
- Typical home
- $371,982
- Gross yield
- 4.8%
King William CDP, VA
- Typical home
- $353,893
- Gross yield
- —
Disputanta CDP, VA
- Typical home
- $375,498
- Gross yield
- —
Prince George CDP, VA
- Typical home
- $348,479
- Gross yield
- 5.2%
Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →
Compare ZIPs
Pit ZIP 23294 against any other ZIP — full side-by-side table.
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