1st Advantage MortgageThe median Colonial Heights city household earns $76,505, and 8% of residents live below the poverty line. A loan makes sense only if its total cost beats your alternatives and the payment fits your budget. Check the lender's Virginia license first.
On this page
- Colonial Heights city by the numbers
- Paychecks and income spread in Colonial Heights city
- Colonial Heights city housing compared with Virginia
- Jobs and commutes in Colonial Heights city
- The counties around Colonial Heights city
- Places inside Colonial Heights city
- Debt-to-income at Colonial Heights city's medians
- More Colonial Heights city figures
- What the numbers mean for Colonial Heights city borrowers
- Virginia rules that apply in Colonial Heights city
- Four steps for Colonial Heights city borrowers
- More guides for Colonial Heights city
- Frequently asked questions
Colonial Heights city by the numbers
With an estimated 18,352 residents (ACS 2020 to 2024), Colonial Heights city ranks 84th of 133 in Virginia for population. It covers 8 square miles of land, or about 2,441 people per square mile. The federal metro definitions (OMB, July 2023) place it in the Richmond, VA metropolitan area. Of the 1 Census place inside Colonial Heights city, Colonial Heights leads by population with about 18,352.
Paychecks and income spread in Colonial Heights city
At $76,505, the typical Colonial Heights city household income is 16% above the median U.S. county ($65,681). Only 51 Virginia counties post a higher median.
| Band | Colonial Heights city | Compared with Virginia |
|---|---|---|
| Under $35,000 | 21.0% | +3.1 pts |
| $35,000 to $99,999 | 42.2% | +7.0 pts |
| $100,000 to $199,999 | 28.7% | -0.5 pts |
| $200,000 or more | 8.1% | -9.6 pts |
Some 21% of households here live on less than $35,000 a year; 37% have six-figure incomes. 7.9% of residents fall below the federal poverty line (statewide: 9.9%). A household earning below the $76,505 median should test any payment carefully; one earning above it should still pick the shortest term it can manage.
Colonial Heights city housing compared with Virginia
Renters in Colonial Heights city pay a median of $1,234 a month, 22% below the Virginia figure of $1,579. Rent takes 30% or more of income for 55% of renter households here. With a median value of $246,600, a typical Colonial Heights city house costs 3.2 times what the median household earns in a year. 68% of Colonial Heights city households own their home and 32% rent. The median home was built in 1970, so roofs, wiring and heating systems are a common source of repair bills.
| Measure | Colonial Heights city | Virginia | Median U.S. county |
|---|---|---|---|
| Median gross rent | $1,234/mo | $1,579/mo | $877/mo |
| Median home value | $246,600 | $383,700 | $185,300 |
| Owners | 68% | 67% | 75% |
| Rent-burdened renters | 55% | 49% | 45% |
| Burdened owners | 26% | 25% | n/a |
| Mobile homes | 0.5% | 4.3% | n/a |
Rent pressure is real here, so run any payment through the debt-to-income calculator before you apply.
Jobs and commutes in Colonial Heights city
The biggest employer of Colonial Heights city residents, by industry, is education and health care at 19% of workers, followed by retail trade (13%). Compared with Virginia, the county leans toward retail trade (13% against 10%). Averaged over the five survey years, 3.6% of the labor force was out of work and looking. About 79% drive to work alone and 15% have trips of 45 minutes or more.
| Where residents work | Colonial Heights city | Difference from Virginia |
|---|---|---|
| Education and health care | 19.0% | -3.3 pts |
| Retail trade | 13.1% | +3.4 pts |
| Construction | 9.6% | +3.1 pts |
| Professional and administrative services | 9.5% | -7.2 pts |
| Arts, lodging and food service | 9.3% | +1.3 pts |
| Public administration | 8.8% | -0.1 pts |
Where long drives are the norm, a car repair is one of the most common surprise bills. A small repair fund can keep a breakdown from turning into a loan.
The counties around Colonial Heights city
Distances run center to center, from Petersburg city at 4 miles out to Dinwiddie County at 18. Income ranges from $50,698 in Petersburg city to $101,931 in Chesterfield County; 4 of these neighbors top Colonial Heights city's median.
| Adjacent area | How far | HH income (median) | Rent (median) | Owner share |
|---|---|---|---|---|
| Colonial Heights city | - | $76,505 | $1,234/mo | 68% |
| Petersburg city, VA | 4 mi | $50,698 | $1,174/mo | 39% |
| Hopewell city, VA | 6 mi | $54,729 | $1,106/mo | 58% |
| Prince George County, VA | 11 mi | $84,897 | $1,594/mo | 74% |
| Chesterfield County, VA | 13 mi | $101,931 | $1,629/mo | 77% |
| Henrico County, VA | 13 mi | $88,783 | $1,541/mo | 64% |
| Dinwiddie County, VA | 18 mi | $83,704 | $1,224/mo | 80% |
Places inside Colonial Heights city
Just one Census place, Colonial Heights, lies mainly within Colonial Heights city; it holds about 18,352 people. None of the 1 has its own city guide, so this page covers all of them.
| Town or CDP | Type | People | Median household income | Median gross rent | Miles from center |
|---|---|---|---|---|---|
| Colonial Heights | city | 18,352 | $76,505 | $1,234 | 0 mi |
Debt-to-income at Colonial Heights city's medians
Colonial Heights city at the medians, through a lender's eyes (what DTI means):
- $6,375 a month: gross income for a household at the Colonial Heights city median
- Housing at the median rent of $1,234 uses 19%
- With a 36% ceiling, about $1,061 remains for car, card, student and any new loan payments
Two-income households and single earners in Colonial Heights city land in very different places on this math, so run it for your own budget.
More Colonial Heights city figures
28% of Colonial Heights city adults 25 and older hold a bachelor's degree or more. About 8% go without health insurance.
| People and households | Colonial Heights city | Virginia | Median county |
|---|---|---|---|
| Median age | 38.2 | 39.0 | 41.5 |
| Bachelor's or higher | 28.0% | 42.2% | 22.2% |
| No high school diploma | 9.2% | 8.4% | n/a |
| No health insurance | 7.6% | 6.9% | 7.8% |
| No vehicle | 6.8% | 6.1% | 5.4% |
| Work from home | 8.2% | 18.3% | 8.7% |
| Poverty rate | 7.9% | 9.9% | 13.2% |
| Unemployment (ACS) | 3.6% | 4.3% | 4.4% |
| Trip time | Share |
|---|---|
| Under 15 min | 29.5% |
| 15 to 29 min | 32.8% |
| 30 to 44 min | 22.3% |
| 45 to 59 min | 11.4% |
| 60+ min | 4.0% |
What the numbers mean for Colonial Heights city borrowers
Where the Colonial Heights city numbers stand out, and why it matters for a loan:
- Tight rental budgets. With 55% of Colonial Heights city renters cost-burdened, test a new payment against a lean month.
- Scams. A fee demanded before funding is a red flag; report it at ReportFraud.ftc.gov (spotting scams).
- Requirements. Lenders weigh credit history, documented income and existing debt (what to gather).
Virginia rules that apply in Colonial Heights city
Consumer lenders serving Colonial Heights city are licensed by the state, not the county; in Virginia that is the Virginia Bureau of Financial Institutions. A CFPB complaint gets forwarded to the company for a response. Statewide data and rules: Virginia guide.
Four steps for Colonial Heights city borrowers
Four checks before you sign anything:
- Price the Colonial Heights city expense first and borrow that amount, no more.
- Line up offers side by side: APR, fees in dollars, total cost.
- Only work with lenders licensed for Virginia borrowers.
- Pick the shortest term whose payment still fits.
More guides for Colonial Heights city
For statewide rules and data, see the Virginia guide.
Frequently asked questions
How much do households in Colonial Heights city earn?
The median is $76,505; 37% earn $100,000 or more and 21% under $35,000. A lender uses your own documented income, not this figure.
What do renters pay in Colonial Heights city?
$1,234 a month at the median, about 19% of median household income.
What are the biggest places in Colonial Heights city?
By population: Colonial Heights. The county has 1 Census place in all.
Are Colonial Heights city applicants treated differently?
No. Everyone answers the same questions and is screened on the same objective points; lending partners set their own criteria under fair-lending laws.
Is there a Colonial Heights city office that licenses lenders?
No, licensing is statewide. In Virginia it is the Virginia Bureau of Financial Institutions.