24088 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 24088 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateVirginia
CityFerrum
Time ZoneAmerica/New_York
Geo Location36.8969, -80.07868
Population4975
Size304 square miles
Median Family Income$44704.00
Median Home Value$106100.00

Population & Demographics

The following information lists the population statistics and breakdown for the 24088 zip code. The total population is 4975, of which, 2449 are male and 2526 are female. With a total area of 304 square miles, the population density is 18 people per square mile. The median age of the population is 36 years old. Below you’ll find additional information on the population and demographics of this zip code, including age distribution, race distribution, language spoken, and more.

YearPopulation
20115100
20125070
20135058
20144787
20154950
20165178
20175302
20185025
20195472
20204957
20214975

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 1392.8%
Age 5-91873.8%
Age 10-141723.5%
Age 15-1980516.2%
Age 20-2482816.6
Age 25-291523.1%
Age 30-341893.8%
Age 35-391693.4%
Age 40-44201 4%
Age 45-492144.3%
Age 50-543036.1%
Age 55-594759.5%
Age 60-643186.4%
Age 65-693306.6%
Age 70-741272.6%
Age 75-791232.5%
Age 80-841122.3%
Age 85 and over1312.6%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 0.9 %
  • Speaks Spanish: 0.3 %
  • Speaks Other Indo-European Language: 0.3 %
  • Speaks Pacific Island Languages: 0.2 %
  • Speak Other Languages: 0.1 %
Marital Status: 
  • Currently Married: 38.5 %
  • Divorced: 6.3 %
  • Separated (not divorced): 0.2 %
  • Never Married: 46.7 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 24088 zip code is $44704. This is -42.66% less than the national average. This income places 24.2% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $26946. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.

Annual Income Bracket ($)Number of Families in Bracket
Less than $10,000.0089
$10,000.00 – $14,999.0082
$15,000.00 – $24,999.00121
$25,000.00 – $34,999.00128
$35,000.00 – $49,999.00145
$50,000.00 – $74,999.00139
$75,000.00 – $99,999.00187
$100,000.00 – $149,999.00116
$150,000.00 – $199,999,0035
$200,000.00 +23

YearMedian Family Income ($ USD)
201145571
201243799
201344674
201444439
201539384
201646538
201747379
201848641
201955052
202056838
202144704

Income Source# of Households
Wage or Salary888
Self Employment141
Social Security759
Dividends, Interest, or Rental155
Retirement381
Other216

Total Insured & Uninsured Individuals: 
  • Families Insure: 4696
  • Families Uninsured: 279
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 381
  • No retirement income: 1254

Education

In the 24088 zip code, 77.2% of individuals over 25 years old have a high school degree or higher, and 9.9% have a bachelors degree or higher. Additionally, 51.4% of individuals 3 years and older are in private school, and 48.6% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 24088 zip, there are an estimated 2159 people in the labor force, of which, 2047 are employed, and 112 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 33.2 minutes. Of the total people that work, 158 worked from home and 1975 commuted. The average number of hours worked is 34.4. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts499
Services442
Sales and Office523
Construction and Maintenance:154
Transportation and Material Moving429





Housing

The median home value for the 24088 zip code is 106100. There is an estimated  1635 number of occupied housing units, the median gross rent in is $590 per month, and the average monthly housing costs are estimated to be $565. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,000324
$50,000 – $99,000256
$100,000 – $149,999221
$150,000 – $199,999169
$200,000 – $299,999155
$300,000 – $499,999104
$500,000 – $999,99913
$1,000,000+0

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 201924
2000 – 2009318
1980 – 1999575
1960 – 1979343
1940 – 1959139
1939 or earlier236

The median number of rooms in all housing units is 5.5 rooms.
Monthly Rent ($ USD)Number of Units
Less than $50023
$500 – $999259
$1,000 – $1,49911
$1,500 – $1,9990
$2,000 – $2,4990
$2,499 – $2,9990
$3,000 + 0

Monthly Housing Costs ($)Number of Households
Less than 300364
300-499321
500-799411
800-999126
1000-1499225
1500-199927
2000-24998
2500-299953
3000+0

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%242
20%-24.9%69
25%-29.9%0
30%-34.9%0
35+%207



# of VehiclesHouseholds
None144
1468
2602
3+421
Home Heating Characteristics: 
  • Utility Gas: 1.1 %
  • Bottle Tank or LP Gas: 10.1 %
  • Electricity: 62.8 %
  • Oil or Kerosene etc: 10.4 %
  • Coal or Coke: 0 %
  • All Other: 15.6 %

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All information sourced from official government sources including Census.gov, the IRS, and the Department of Education.