23040 can be classified socioeconomically as Lower Middle Class class compared to other ZIP Codes in Virginia based on Median Household Income and Average Adjusted Gross Income. The majority race/ethnicity residing in 23040 is White. The majority race/ethnicity attending public schools in 23040 is White. The current unemployment level in 23040 is 3.8%.
| Population | 4,216 |
| Population Growth Rate | -12.18% |
| Population Density | 30 People per Square Mile |
| Total Households | 1,500 |
| Percentage High Income Households | 2.9% |
| Median Household Income (2021) | $55,491 |
| Average Adjusted Gross Income (2021) | $282,670 |
| Current Unemployment Rate (May 2026) | 3.8% |
| Sales Tax Rate (2025) | 5.3% |
| Majority Race/Ethnicty | White - 52.50% |
| Public School Majority Race/Ethnicty | White - 48.57% |
23040 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 2,072 | 52.5% |
| Black | 1,837 | 46.54% |
| Hispanic | 0 | 0% |
| Asian | 29 | 0.73% |
| Native American | 9 | 0.23% |
| Hawaiian/Pac. Islander | 0 | 0% |
23040 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 594 | 52.61% |
| Black | 483 | 42.78% |
| Hispanic | 49 | 4.34% |
| Asian | 2 | 0.18% |
| Native American | 0 | 0% |
| Hawaiian/Pac. Islander | 1 | 0.09% |
23040 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 322 | 15.85% |
| Bachelor Degree | 235 | 11.56% |
| High School Diploma | 721 | 35.48% |
| No High School Diploma | 35 | 1.72% |
| GED or Alternate | 138 | 6.79% |
| 1 or More Years of College | 327 | 16.09% |
| Associates Degree | 91 | 4.48% |
| Masters Degree | 96 | 4.72% |
| Professional Degree | 31 | 1.53% |
| Doctorate Degree | 36 | 1.77% |