24501 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 24501 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateVirginia
CityLynchburg
Time ZoneAmerica/New_York
Geo Location37.353, -79.15576
Population27488
Size99.843 square miles
Median Family Income$53400.00
Median Home Value$120800.00

Population & Demographics

The following information lists the population statistics and breakdown for the 24501 zip code. The total population is 27488, of which, 13031 are male and 14457 are female. With a total area of 99.843 square miles, the population density is 280.8 people per square mile. The median age of the population is 29.2 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
201126799
201226458
201326605
201426574
201526074
201626509
201726708
201827543
201928036
202027828
202127488

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 17916.5%
Age 5-917116.2%
Age 10-1415325.6%
Age 15-19306911.2%
Age 20-24380213.8
Age 25-2923778.6%
Age 30-3419217%
Age 35-3913404.9%
Age 40-441456 5.3%
Age 45-4912244.5%
Age 50-5415285.6%
Age 55-5910864%
Age 60-6412544.6%
Age 65-699943.6%
Age 70-7410353.8%
Age 75-795692.1%
Age 80-843711.3%
Age 85 and over4281.6%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 4.7 %
  • Speaks Spanish: 2.1 %
  • Speaks Other Indo-European Language: 1 %
  • Speaks Pacific Island Languages: 1.1 %
  • Speak Other Languages: 0.5 %
Marital Status: 
  • Currently Married: 33.5 %
  • Divorced: 9.9 %
  • Separated (not divorced): 1.7 %
  • Never Married: 48.9 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 24501 zip code is $53400. This is -37.97% less than the national average. This income places 21.9% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $20969. 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 $10,000.00477
$10,000.00 – $14,999.00328
$15,000.00 – $24,999.00453
$25,000.00 – $34,999.00714
$35,000.00 – $49,999.00960
$50,000.00 – $74,999.001058
$75,000.00 – $99,999.001004
$100,000.00 – $149,999.00788
$150,000.00 – $199,999,00234
$200,000.00 +80

YearMedian Family Income ($ USD)
201138703
201238519
201339200
201439660
201539152
201637975
201740560
201843561
201950176
202050213
202153400

Income Source# of Households
Wage or Salary7276
Self Employment787
Social Security3350
Dividends, Interest, or Rental1317
Retirement1933
Other1046

Total Insured & Uninsured Individuals: 
  • Families Insure: 24794
  • Families Uninsured: 2358
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 1933
  • No retirement income: 8130

Education

In the 24501 zip code, 86.2% of individuals over 25 years old have a high school degree or higher, and 23.2% have a bachelors degree or higher. Additionally, 46.3% of individuals 3 years and older are in private school, and 53.7% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 24501 zip, there are an estimated 13520 people in the labor force, of which, 12588 are employed, and 910 are unemployed. There are a total of 22 people in the armed forces. The average commute time for this zip code is 17.9 minutes. Of the total people that work, 762 worked from home and 12252 commuted. The average number of hours worked is 35.4. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts4063
Services2773
Sales and Office2681
Construction and Maintenance:923
Transportation and Material Moving2148





Housing

The median home value for the 24501 zip code is 120800. There is an estimated  10063 number of occupied housing units, the median gross rent in is $835 per month, and the average monthly housing costs are estimated to be $792. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,000576
$50,000 – $99,0001068
$100,000 – $149,9991207
$150,000 – $199,999752
$200,000 – $299,999964
$300,000 – $499,999144
$500,000 – $999,99927
$1,000,000+11

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 2019326
2000 – 2009951
1980 – 19991809
1960 – 19793657
1940 – 19591958
1939 or earlier1362

The median number of rooms in all housing units is 5 rooms.
Monthly Rent ($ USD)Number of Units
Less than $500552
$500 – $9993340
$1,000 – $1,4991029
$1,500 – $1,99987
$2,000 – $2,49912
$2,499 – $2,9990
$3,000 + 0

Monthly Housing Costs ($)Number of Households
Less than 3001382
300-4991050
500-7992526
800-9992275
1000-14992067
1500-1999355
2000-249989
2500-299914
3000+11

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%1231
20%-24.9%401
25%-29.9%152
30%-34.9%286
35+%349



# of VehiclesHouseholds
None1440
13761
23095
3+1767
Home Heating Characteristics: 
  • Utility Gas: 12.6 %
  • Bottle Tank or LP Gas: 1.6 %
  • Electricity: 76 %
  • Oil or Kerosene etc: 7.8 %
  • Coal or Coke: 0.1 %
  • All Other: 1.5 %

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