24540 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 24540 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateVirginia
CityDanville
Time ZoneAmerica/New_York
Geo Location36.64309, -79.4234
Population31048
Size196.806 square miles
Median Family Income$51412.00
Median Home Value$112800.00

Population & Demographics

The following information lists the population statistics and breakdown for the 24540 zip code. The total population is 31048, of which, 14141 are male and 16907 are female. With a total area of 196.806 square miles, the population density is 160.6 people per square mile. The median age of the population is 44 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
201132120
201231329
201331276
201430893
201531267
201631881
201731607
201830646
201931607
202031257
202131048

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 14954.8%
Age 5-918345.9%
Age 10-1417545.6%
Age 15-1919826.4%
Age 20-2417535.6
Age 25-2920506.6%
Age 30-3417765.7%
Age 35-3912964.2%
Age 40-441952 6.3%
Age 45-4919536.3%
Age 50-5419136.2%
Age 55-5921176.8%
Age 60-6423567.6%
Age 65-6923007.4%
Age 70-7416365.3%
Age 75-7911293.6%
Age 80-847182.3%
Age 85 and over10343.3%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 3.5 %
  • Speaks Spanish: 2.8 %
  • Speaks Other Indo-European Language: 0.2 %
  • Speaks Pacific Island Languages: 0.5 %
  • Speak Other Languages: 0.1 %
Marital Status: 
  • Currently Married: 40.1 %
  • Divorced: 12.9 %
  • Separated (not divorced): 3.2 %
  • Never Married: 33.1 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 24540 zip code is $51412. This is -37.13% less than the national average. This income places 20.7% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $19198. 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 $10,000.00760
$10,000.00 – $14,999.00301
$15,000.00 – $24,999.00728
$25,000.00 – $34,999.001010
$35,000.00 – $49,999.001133
$50,000.00 – $74,999.001514
$75,000.00 – $99,999.00841
$100,000.00 – $149,999.001255
$150,000.00 – $199,999,00322
$200,000.00 +235

YearMedian Family Income ($ USD)
201146544
201249091
201347111
201447505
201547742
201647940
201747496
201848145
201949353
202051516
202151412

Income Source# of Households
Wage or Salary8800
Self Employment913
Social Security5438
Dividends, Interest, or Rental1649
Retirement3402
Other1379

Total Insured & Uninsured Individuals: 
  • Families Insure: 28033
  • Families Uninsured: 2392
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 3402
  • No retirement income: 9909

Education

In the 24540 zip code, 85.1% of individuals over 25 years old have a high school degree or higher, and 15.8% have a bachelors degree or higher. Additionally, 11.4% of individuals 3 years and older are in private school, and 88.6% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 24540 zip, there are an estimated 14248 people in the labor force, of which, 13420 are employed, and 828 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 20.8 minutes. Of the total people that work, 650 worked from home and 13059 commuted. The average number of hours worked is 37.2. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts3265
Services3120
Sales and Office3092
Construction and Maintenance:1113
Transportation and Material Moving2830





Housing

The median home value for the 24540 zip code is 112800. There is an estimated  13311 number of occupied housing units, the median gross rent in is $759 per month, and the average monthly housing costs are estimated to be $714. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,0001195
$50,000 – $99,0002284
$100,000 – $149,9991744
$150,000 – $199,9991156
$200,000 – $299,999968
$300,000 – $499,999317
$500,000 – $999,999138
$1,000,000+37

Home Year BuiltNumber of Homes
2020 or Later10
2010 – 2019321
2000 – 2009899
1980 – 19993537
1960 – 19794544
1940 – 19593251
1939 or earlier749

The median number of rooms in all housing units is 5.3 rooms.
Monthly Rent ($ USD)Number of Units
Less than $500989
$500 – $9993306
$1,000 – $1,499874
$1,500 – $1,99964
$2,000 – $2,4990
$2,499 – $2,9990
$3,000 + 0

Monthly Housing Costs ($)Number of Households
Less than 3001228
300-4992988
500-7993401
800-9992209
1000-14992350
1500-1999601
2000-249971
2500-299998
3000+126

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%1637
20%-24.9%556
25%-29.9%344
30%-34.9%148
35+%1216



# of VehiclesHouseholds
None1607
14928
23811
3+2965
Home Heating Characteristics: 
  • Utility Gas: 25.1 %
  • Bottle Tank or LP Gas: 5.4 %
  • Electricity: 63.8 %
  • Oil or Kerosene etc: 4 %
  • Coal or Coke: 0 %
  • All Other: 1 %

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