23503 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 23503 is White. The majority race/ethnicity attending public schools in 23503 is African American. The current unemployment level in 23503 is 3.8%.
| Population | 30,991 |
| Population Growth Rate | -2.68% |
| Population Density | 6,345 People per Square Mile |
| Total Households | 13,373 |
| Percentage High Income Households | 1.4% |
| Median Household Income (2021) | $56,433 |
| Average Adjusted Gross Income (2021) | $360,010 |
| Current Unemployment Rate (May 2026) | 3.8% |
| Sales Tax Rate (2025) | 6.0% |
| Majority Race/Ethnicty | White - 64.08% |
| Public School Majority Race/Ethnicty | African American - 33.80% |
23503 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
| White | 19,920 | 64.07% |
| Black | 6,638 | 21.35% |
| Hispanic | 3,216 | 10.34% |
| Asian | 1,080 | 3.47% |
| Native American | 230 | 0.74% |
| Hawaiian/Pac. Islander | 7 | 0.02% |
23503 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
| White | 1,009 | 36.96% |
| Black | 1,024 | 37.51% |
| Hispanic | 614 | 22.49% |
| Asian | 59 | 2.16% |
| Native American | 14 | 0.51% |
| Hawaiian/Pac. Islander | 10 | 0.37% |
23503 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
| Less Than 1 Year of College | 1,479 | 7.65% |
| Bachelor Degree | 2,912 | 15.05% |
| High School Diploma | 4,967 | 25.68% |
| No High School Diploma | 197 | 1.02% |
| GED or Alternate | 1,289 | 6.66% |
| 1 or More Years of College | 5,270 | 27.24% |
| Associates Degree | 1,752 | 9.06% |
| Masters Degree | 1,106 | 5.72% |
| Professional Degree | 168 | 0.87% |
| Doctorate Degree | 203 | 1.05% |