Market Snapshot

Report generated March 2026

IndicatorValue
Population18,210
↑ 0.2% since 2020
Median Household Income$76,250
2% above national median
Median Home Value$231,700
Unemployment Rate3.6%
Median Age38.5 years
Housing Vacancy Rate7.1%

County Profile

DemographicValue
Total Population (2023)18,210
Population (2020)18,170
Population Growth0.22%
Median Household Income$76,250
Median Home Value$231,700
Total Housing Units8,126
Vacant Housing Units581
Housing Vacancy Rate7.1%
Median Age38.5
Bachelor's Degree or Higher2,332 (12.8%)
Unemployment Rate (BLS)3.4%

Market Overview

Colonial Heights city, Virginia has a population of 18,210, which has grown 0.22% since 2020. The median household income is $76,250, above the national median of $74,580 by 2.2%. With a median home value of $231,700 and an unemployment rate of 3.4%, the local economy is strong. The housing vacancy rate of 7.1% suggests balanced market conditions. The county's location in Virginia makes it accessible for investors and developers seeking rural land.

Frequently Asked Questions

What is the current population of Colonial Heights city, Virginia?
As of the 2023 American Community Survey, Colonial Heights city has a population of 18,210. The county has grown 0.22% since the 2020 Census, indicating a growing community.
What is the median household income in Colonial Heights city?
The median household income in Colonial Heights city is $76,250, which is 2.2% above the national median of $74,580.
Is Colonial Heights city growing or shrinking?
Colonial Heights city is growing. The population has increased 0.22% since 2020.
What is the housing market like in Colonial Heights city?
The median home value in Colonial Heights city is $231,700. The housing vacancy rate is 7.1%, which suggests balanced market conditions. The unemployment rate is 3.4%, indicating a strong local economy.
Does Reelvest buy land in Colonial Heights city, Virginia?
Yes! Reelvest Properties buys vacant land throughout Virginia, including Colonial Heights city. We make cash offers within 24-48 hours, close in 14-30 days, and pay all closing costs. Get your free cash offer today.
Data Sources: U.S. Census Bureau American Community Survey (2023), Bureau of Labor Statistics (2025). Updated monthly.