ZIP Code 24502 has segments in 3 Counties / Independent Cities (Bedford, Campbell, Lynchburg City).
The ZIP Code maps and database are updated 4 times per year.
Database updated: April 1, 2025, Maps updated: May 1, 2024.
POPULATION | |
---|---|
Total Population | 49,393 (100%) |
Population in Households | 41,307 (83.6%) |
Population in Families | 29,701 (60.1%) |
Population in Group Quarters1 | 8,086 (16.4%) |
Population Density | 1,618 |
Diversity Index2 | 54 |
INCOME | |
Median Household Income | $58,669 |
Average Household Income | $75,907 |
% of Income for Mortgage4 | 26% |
Per Capita Income | $28,416 |
Wealth Index5 | 53 |
Socioeconomic Status Index6 | Moderate (49.3) |
HOUSING | |
---|---|
Total HU (Housing Units) | 19,789 (100%) |
Owner Occupied HU | 9,934 (50.2%) |
Renter Occupied HU | 8,164 (41.3%) |
Vacant Housing Units | 1,691 ( 8.5%) |
Median Home Value | $239,748 |
Average Home Value | $277,271 |
Housing Affordability Index3 | 97 |
HOUSEHOLDS | |
Total Households | 18,098 |
Average Household Size | 2.28 |
Family Households | 10,293 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2024 | 2024-2029 |
---|---|---|
Population | 0.56% | 0.31% |
Households | 0.90% | 0.56% |
Families | 0.44% | |
Median Household Income | 1.69% | |
Per Capita Income | 2.63% | |
Owner Occupied HU | 1.45% |
The table below compares 24502 to the other 871 ZIP Codes in Virginia by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 28 | 97th |
Population Density | # 149 | 83rd |
Median Household Income | # 540 | 38th |
Housing Affordability Index | # 498 | 57th |
Per Capita Income | # 676 | 23rd |
Diversity Index | # 306 | 65th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Virginia Census Data Comparison Tool.