23851 ZIP Code – Franklin, Virginia
23851 is a mid-sized ZIP code in Franklin, Virginia, part of Franklin city with a population of approximately 12,983 residents. The median household income of $61,416 is below the Virginia average and below the national average. Homes in this ZIP code have a median value of $202,300, below the national average, with 61.3% owner-occupied housing (decreasing). . Median rent is $930, which is near the U.S. average. Housing consists of 74% single-family (decreasing), 10% apartments (increasing), 10% duplex/multi-family.
At 5.0%, the unemployment rate is near the national figure. The poverty rate of 11.9% is near the U.S. average. An estimated 24.9% of adults hold a bachelor's degree or higher, near the national average. Residents have a median age of 42.6, near the U.S. median. Nearby ZIP codes include 23874, 23437, 23315.
ZIP Code 23851 Data
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ZIP 23851 vs. Virginia vs. U.S.
| Metric | ZIP 23851 | VA Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 12k | 9,766 | 10k |
| Median Household Income | $61k | $80k | $73k |
| Median Home Value | $202k | $296k | $258k |
| Median Rent | $930 | $1,227 | $1,088 |
| Median Age | 42.6 | 44.5 | 43.2 |
| Unemployment Rate | 5.0% | 4.3% | 5.0% |
| Poverty Rate | 11.9% | 11.6% | 13.3% |
| Bachelor's Degree or Higher | 24.9% | 29.9% | 26.9% |
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Nearby ZIP Codes
- 23874 – Newsoms
- 23437 – Suffolk
- 23315 – Carrsville
- 23837 – Courtland
- 27818 – Como
- 23878 – Sedley
- 23898 – Zuni
- 23827 – Boykins
- 27937 – Gates
- 23438 – Suffolk
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 23874 | NEWSOMS | 720 | $54,356 |
| 23437 | SUFFOLK | 4,647 | $70,823 |
| 23315 | CARRSVILLE | 1,750 | $87,708 |
| 23837 | COURTLAND | 4,281 | $51,818 |
| 27818 | COMO | 1,189 | $52,539 |