Portsmouth, VA — Demographics & Statistics
ZIP code 23701 serves a portion of Portsmouth, Virginia, within Portsmouth City. This community is home to approximately 20,106 residents, with a median age of 38.3 years. The median household income of $85,592 sits above the national median of $67,521, while median home values of $633,380 are above the national average of $301,500. The area has a owner-majority housing profile, with 75% owner-occupied and 25% renter-occupied units. Cost of living in this part of Portsmouth is higher than the national baseline, with an index of 120 (100 = national average). With a college-education rate of 15% and an unemployment rate of 4.1%, 23701 reflects the economic character of Portsmouth City in Virginia.
| Category | Statistic | Value | vs. National Avg |
|---|---|---|---|
| Population | Total Population | 20,106 | — |
| Population | Density (per sq mi) | 9,354 | — |
| Economics | Median Household Income | $85,592 | ↑ 27% vs nat'l avg |
| Economics | Median Home Value | $633,380 | ↑ 110% vs nat'l avg |
| Economics | Cost of Living Index | 120 | ↑ Higher than avg |
| Economics | Unemployment Rate | 4.1% | ↑ 5% vs nat'l avg |
| Economics | Below Poverty Line | 19.4% | ↑ 70% vs nat'l avg |
| Education | College Educated (25+) | 15% | ↓ 57% vs nat'l avg |
| Demographics | Median Age | 38.3 yrs | ↓ 0% vs nat'l avg |
| Housing | Owner-Occupied | 75% | — |
| Housing | Renter-Occupied | 25% | — |
| Housing | Total Housing Units | 8,042 | — |