24504 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 24504 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 Location37.36104, -79.05445
Population9814
Size83.177 square miles
Median Family Income$58390.00
Median Home Value$152600.00

Population & Demographics

The following information lists the population statistics and breakdown for the 24504 zip code. The total population is 9814, of which, 4839 are male and 4975 are female. With a total area of 83.177 square miles, the population density is 117.4 people per square mile. The median age of the population is 37.6 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
201110623
201210864
201310818
201410525
201510222
20169593
20179423
20189935
20199765
20209331
20219814

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 6136.2%
Age 5-96096.2%
Age 10-144824.9%
Age 15-194334.4%
Age 20-248899.1
Age 25-298188.3%
Age 30-347357.5%
Age 35-395235.3%
Age 40-44322 3.3%
Age 45-495575.7%
Age 50-544574.7%
Age 55-598578.7%
Age 60-648038.2%
Age 65-696036.1%
Age 70-747838%
Age 75-791201.2%
Age 80-84490.5%
Age 85 and over1611.6%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 4 %
  • Speaks Spanish: 1.4 %
  • Speaks Other Indo-European Language: 1.8 %
  • Speaks Pacific Island Languages: 0.1 %
  • Speak Other Languages: 0.7 %
Marital Status: 
  • Currently Married: 38.3 %
  • Divorced: 10.6 %
  • Separated (not divorced): 4.3 %
  • Never Married: 40.9 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 24504 zip code is $58390. This is -35.06% less than the national average. This income places 24.4% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $15164. 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 $10,000.00114
$10,000.00 – $14,999.0012
$15,000.00 – $24,999.00256
$25,000.00 – $34,999.00233
$35,000.00 – $49,999.00407
$50,000.00 – $74,999.00395
$75,000.00 – $99,999.00299
$100,000.00 – $149,999.00269
$150,000.00 – $199,999,00206
$200,000.00 +59

YearMedian Family Income ($ USD)
201137688
201238311
201340020
201437667
201547225
201650357
201752344
201860489
201963574
202059136
202158390

Income Source# of Households
Wage or Salary2734
Self Employment408
Social Security1335
Dividends, Interest, or Rental442
Retirement1079
Other406

Total Insured & Uninsured Individuals: 
  • Families Insure: 8080
  • Families Uninsured: 1140
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 1079
  • No retirement income: 2898

Education

In the 24504 zip code, 88.5% of individuals over 25 years old have a high school degree or higher, and 22.3% have a bachelors degree or higher. Additionally, 32% of individuals 3 years and older are in private school, and 68% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 24504 zip, there are an estimated 4411 people in the labor force, of which, 4101 are employed, and 281 are unemployed. There are a total of 29 people in the armed forces. The average commute time for this zip code is 21 minutes. Of the total people that work, 172 worked from home and 4017 commuted. The average number of hours worked is 37. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts1222
Services782
Sales and Office763
Construction and Maintenance:451
Transportation and Material Moving883





Housing

The median home value for the 24504 zip code is 152600. There is an estimated  3977 number of occupied housing units, the median gross rent in is $920 per month, and the average monthly housing costs are estimated to be $830. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,000233
$50,000 – $99,000552
$100,000 – $149,999296
$150,000 – $199,999407
$200,000 – $299,999468
$300,000 – $499,999209
$500,000 – $999,99948
$1,000,000+0

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 2019135
2000 – 2009272
1980 – 1999950
1960 – 1979662
1940 – 1959508
1939 or earlier1450

The median number of rooms in all housing units is 5.5 rooms.
Monthly Rent ($ USD)Number of Units
Less than $500118
$500 – $999978
$1,000 – $1,499488
$1,500 – $1,99978
$2,000 – $2,4990
$2,499 – $2,9990
$3,000 + 0

Monthly Housing Costs ($)Number of Households
Less than 300275
300-499758
500-799815
800-999778
1000-1499850
1500-1999178
2000-2499104
2500-299998
3000+19

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%448
20%-24.9%208
25%-29.9%113
30%-34.9%66
35+%274



# of VehiclesHouseholds
None561
11443
21273
3+700
Home Heating Characteristics: 
  • Utility Gas: 13.2 %
  • Bottle Tank or LP Gas: 3.9 %
  • Electricity: 74.5 %
  • Oil or Kerosene etc: 5.7 %
  • Coal or Coke: 0 %
  • All Other: 2.1 %

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