24450 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 24450 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateVirginia
CityLexington
Time ZoneAmerica/New_York
Geo Location37.78579, -79.52385
Population16789
Size532.298 square miles
Median Family Income$81689.00
Median Home Value$265500.00

Population & Demographics

The following information lists the population statistics and breakdown for the 24450 zip code. The total population is 16789, of which, 9011 are male and 7778 are female. With a total area of 532.298 square miles, the population density is 32.2 people per square mile. The median age of the population is 35.3 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
201116826
201216467
201316649
201416872
201516541
201616569
201716715
201815936
201917140
202017385
202116789

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 7034.2%
Age 5-96934.1%
Age 10-146884.1%
Age 15-19221413.2%
Age 20-24235614
Age 25-299525.7%
Age 30-347384.4%
Age 35-396724%
Age 40-44971 5.8%
Age 45-497694.6%
Age 50-549965.9%
Age 55-597654.6%
Age 60-6410376.2%
Age 65-699695.8%
Age 70-749215.5%
Age 75-795573.3%
Age 80-844502.7%
Age 85 and over3382%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 4.5 %
  • Speaks Spanish: 1.8 %
  • Speaks Other Indo-European Language: 1 %
  • Speaks Pacific Island Languages: 1.7 %
  • Speak Other Languages: 0.1 %
Marital Status: 
  • Currently Married: 41.2 %
  • Divorced: 7.9 %
  • Separated (not divorced): 2.1 %
  • Never Married: 42.8 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 24450 zip code is $81689. This is -3.65% less than the national average. This income places 13.2% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $28199. 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 $10,000.0064
$10,000.00 – $14,999.0015
$15,000.00 – $24,999.00130
$25,000.00 – $34,999.00328
$35,000.00 – $49,999.00250
$50,000.00 – $74,999.00884
$75,000.00 – $99,999.00650
$100,000.00 – $149,999.00706
$150,000.00 – $199,999,00291
$200,000.00 +326

YearMedian Family Income ($ USD)
201161504
201263181
201362593
201462762
201559729
201664754
201764304
201868565
201971427
202070336
202181689

Income Source# of Households
Wage or Salary3932
Self Employment738
Social Security2398
Dividends, Interest, or Rental1882
Retirement1782
Other527

Total Insured & Uninsured Individuals: 
  • Families Insure: 16006
  • Families Uninsured: 550
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 1782
  • No retirement income: 3907

Education

In the 24450 zip code, 93.7% of individuals over 25 years old have a high school degree or higher, and 46.4% have a bachelors degree or higher. Additionally, 31.2% of individuals 3 years and older are in private school, and 68.8% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 24450 zip, there are an estimated 7104 people in the labor force, of which, 6883 are employed, and 185 are unemployed. There are a total of 36 people in the armed forces. The average commute time for this zip code is 21.7 minutes. Of the total people that work, 731 worked from home and 6610 commuted. The average number of hours worked is 36.9. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts3364
Services1139
Sales and Office1296
Construction and Maintenance:387
Transportation and Material Moving697





Housing

The median home value for the 24450 zip code is 265500. There is an estimated  5689 number of occupied housing units, the median gross rent in is $968 per month, and the average monthly housing costs are estimated to be $936. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,00036
$50,000 – $99,000139
$100,000 – $149,999518
$150,000 – $199,999561
$200,000 – $299,999842
$300,000 – $499,9991078
$500,000 – $999,999316
$1,000,000+137

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 2019141
2000 – 2009668
1980 – 19991308
1960 – 19791726
1940 – 1959782
1939 or earlier1064

The median number of rooms in all housing units is 5.9 rooms.
Monthly Rent ($ USD)Number of Units
Less than $500165
$500 – $999912
$1,000 – $1,499607
$1,500 – $1,999116
$2,000 – $2,49996
$2,499 – $2,99913
$3,000 + 33

Monthly Housing Costs ($)Number of Households
Less than 300351
300-499921
500-799960
800-999841
1000-14991321
1500-1999535
2000-2499319
2500-2999154
3000+167

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%881
20%-24.9%279
25%-29.9%266
30%-34.9%133
35+%326



# of VehiclesHouseholds
None320
11736
21845
3+1788
Home Heating Characteristics: 
  • Utility Gas: 31.3 %
  • Bottle Tank or LP Gas: 9.6 %
  • Electricity: 47.2 %
  • Oil or Kerosene etc: 6.4 %
  • Coal or Coke: 0 %
  • All Other: 5.4 %

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