24602 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 24602 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateVirginia
CityBandy
Time ZoneAmerica/New_York
Geo Location37.18279, -81.65999
Population969
Size128.846 square miles
Median Family Income$41364.00
Median Home Value$81000.00

Population & Demographics

The following information lists the population statistics and breakdown for the 24602 zip code. The total population is 969, of which, 368 are male and 601 are female. With a total area of 128.846 square miles, the population density is 5.2 people per square mile. The median age of the population is 59 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
2011891
2012968
20131012
2014909
20151080
20161229
2017949
2018676
2019670
2020803
2021969

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 13113.5%
Age 5-9293%
Age 10-14131.3%
Age 15-19282.9%
Age 20-2400
Age 25-29383.9%
Age 30-34151.5%
Age 35-39848.7%
Age 40-4441 4.2%
Age 45-49525.4%
Age 50-54373.8%
Age 55-5922022.7%
Age 60-64404.1%
Age 65-69555.7%
Age 70-7416416.9%
Age 75-7950.5%
Age 80-84171.8%
Age 85 and over00%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 1.8 %
  • Speaks Spanish: 1.8 %
  • Speaks Other Indo-European Language: 0 %
  • Speaks Pacific Island Languages: 0 %
  • Speak Other Languages: 0 %
Marital Status: 
  • Currently Married: 53.3 %
  • Divorced: 5.8 %
  • Separated (not divorced): 3.8 %
  • Never Married: 33 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 24602 zip code is $41364. This is -29.22% less than the national average. This income places 17.1% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $9055. 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 $10,000.006
$10,000.00 – $14,999.000
$15,000.00 – $24,999.0020
$25,000.00 – $34,999.0091
$35,000.00 – $49,999.0075
$50,000.00 – $74,999.0045
$75,000.00 – $99,999.006
$100,000.00 – $149,999.000
$150,000.00 – $199,999,000
$200,000.00 +15

YearMedian Family Income ($ USD)
201147619
201246417
201340481
201438472
201537821
201638426
201740946
201835417
201936577
202045000
202141364

Income Source# of Households
Wage or Salary127
Self Employment22
Social Security153
Dividends, Interest, or Rental16
Retirement53
Other64

Total Insured & Uninsured Individuals: 
  • Families Insure: 855
  • Families Uninsured: 114
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 53
  • No retirement income: 228

Education

In the 24602 zip code, 41.1% of individuals over 25 years old have a high school degree or higher, and 6% have a bachelors degree or higher. Additionally, 0% of individuals 3 years and older are in private school, and 100% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 24602 zip, there are an estimated 187 people in the labor force, of which, 164 are employed, and 23 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 39.6 minutes. Of the total people that work, 0 worked from home and 143 commuted. The average number of hours worked is 29.6. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts22
Services25
Sales and Office33
Construction and Maintenance:50
Transportation and Material Moving34





Housing

The median home value for the 24602 zip code is 81000. There is an estimated  281 number of occupied housing units, the median gross rent in is $581 per month, and the average monthly housing costs are estimated to be $560. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,00050
$50,000 – $99,00066
$100,000 – $149,99964
$150,000 – $199,99914
$200,000 – $299,9990
$300,000 – $499,9990
$500,000 – $999,9990
$1,000,000+0

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 201941
2000 – 200933
1980 – 199972
1960 – 197937
1940 – 195927
1939 or earlier71

The median number of rooms in all housing units is 5.9 rooms.
Monthly Rent ($ USD)Number of Units
Less than $5006
$500 – $99968
$1,000 – $1,4990
$1,500 – $1,99913
$2,000 – $2,4990
$2,499 – $2,9990
$3,000 + 0

Monthly Housing Costs ($)Number of Households
Less than 30041
300-49961
500-799145
800-9990
1000-149921
1500-199913
2000-24990
2500-29990
3000+0

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%38
20%-24.9%0
25%-29.9%21
30%-34.9%20
35+%0



# of VehiclesHouseholds
None11
158
2110
3+102
Home Heating Characteristics: 
  • Utility Gas: 0 %
  • Bottle Tank or LP Gas: 7.1 %
  • Electricity: 80.8 %
  • Oil or Kerosene etc: 1.8 %
  • Coal or Coke: 0 %
  • All Other: 7.8 %

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