ZIP code 24541: income, home prices and cost of living

The median household income in ZIP 24541 is $47,587, which is 35% below the Virginia median of $72,674 and 31% below the national figure. The typical home is valued at $124,800, and the median rent is $803/month. 54.7% of households own their home.

Source: U.S. Census Bureau, American Community Survey (5-year). Latest observation ACS 2022.

Median household income

$47,587

Virginia average
$72,67435%
National
$68,75031%

Median home value

$124,800

Virginia average
$251,00050%
National
$209,60040%

Median gross rent

$803

Virginia average
$1,09226%
National
$98418%

Median age

40.9 yrs

Virginia average
42.5 yrs4%
National
41.0 yrs

Homeownership rate

54.7%

Virginia average
76.2%28%
National
75.8%28%

Bachelor's degree or higher

13.3%

Virginia average
16.6%20%
National
15.9%16%

How ZIP 24541 compares with Virginia and the U.S.

State and national bars are the median across ZIP Code Tabulation Areas. Source: U.S. Census Bureau, American Community Survey (5-year), 2022.

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What people search about ZIP 24541

Searches for the cost of living in 24541, the median household income in 24541, average rent in 24541 and home values in this part of Virginia all come back to the same Census figures shown above. Use them alongside a mortgage payment estimate, a property tax estimate and a household budget before you compare this ZIP code with a neighbouring one.

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Methodology

Figures describe ZIP Code Tabulation Area 24541, the Census Bureau's statistical approximation of the ZIP code. Values are median estimates for the five-year period ending 2022.

State and national benchmarks are the median of all ZCTAs in that geography with at least 1,000 residents, computed by us from the same public dataset.

Sources: U.S. Census Bureau, American Community Survey (5-year). American Community Survey 5-year estimates, 2022.