Lynchburg, VA 24503 ZIP Code Profile

Related Place Profiles:
Lynchburg, VA | Rivermont, VA
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ZIP Code 24503: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Lynchburg, VA 24503

Not Acceptable, USPS
Rivermont, VA 24503

  • ZIP Code Type: STANDARD
  • Businesses Addresses: 338
  • Single Family Addresses: 7,365
  • Multi-Family Addresses: 949
  • County: Lynchburg City County
  • Centroid: Latitude 37.435, Longitude -79.201
  • Time Zone: Eastern Time Zone (UTC -5 hours)
  • Observes DST: Yes

ZIP Code 24503 has segments in 2 Counties / Independent Cities (Bedford, Lynchburg City).


Neighborhood Data

Address Based Hyperlocal Data Input an address and get data & demographics for the pertinent census block group (CBG), a searchable map and a customized directory. The CBG is the smallest geographical unit used by the Census Bureau for reporting certain data.


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24503 ZIP Code Map

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Lynchburg, VA 24503 Data & Demographics (As of July 1, 2016)

POPULATION

Total Population 20,086
Population in Households 19,500
Population in Familes 15,832
Population in Group Qrtrs 586
Population Density1 538
Diversity Index2 33
 

HOUSEHOLDS

Total Households 8,282
Average Household Size 2.35
Family Households 5,440
Average Family Size 3

HOUSING

Total Housing Units 9,024 (100%)
Owner Occupied HU 5,770 (63.9%)
Renter Occupied HU 2,512 (27.8%)
Vacant Housing Units 742 ( 8.2%)
Median Home Value $239,386
Average Home Value $295,633
 

INCOME

Median Household Income $65,916
Average Household Income $95,008
Per Capita Income $39,794
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2015 2015-2020
Population 0.78% 0.89%
Households 0.74% 0.88%
Families 0.64% 0.81%
Median Household Income   1.53%
Per Capita Income   1.5%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Lynchburg, VA 24503 - Peer Comparisons by Rank and Percentile

The table below compares 24503 to the other 873 ZIP Codes in Virginia by rank and percentile using July 1, 2016 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 # 153 83rd
Population Density1 # 201 77th
Diversity Index2 # 507 42nd
Median Household Income # 219 75th
Per Capita Income # 127 86th

Additional comparisons and rankings can be made with a VERY EASY TO USE Virginia Census Data Comparison Tool.