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, 2024, Maps updated: February 2, 2024.
POPULATION | |
---|---|
Total Population | 49,640 (100%) |
Population in Households | 41,548 (83.7%) |
Population in Families | 30,581 (61.6%) |
Population in Group Quarters1 | 8,092 (16.3%) |
Population Density | 1,619 |
Diversity Index2 | 53 |
INCOME | |
Median Household Income | $57,652 |
Average Household Income | $79,748 |
% of Income for Mortgage4 | 22% |
Per Capita Income | $29,748 |
Wealth Index5 | 57 |
Socioeconomic Status Index6 | Moderate (49.9) |
HOUSING | |
---|---|
Total HU (Housing Units) | 19,923 (100%) |
Owner Occupied HU | 9,766 (49.0%) |
Renter Occupied HU | 8,398 (42.2%) |
Vacant Housing Units | 1,759 ( 8.8%) |
Median Home Value | $206,797 |
Average Home Value | $237,433 |
Housing Affordability Index3 | 114 |
HOUSEHOLDS | |
Total Households | 18,164 |
Average Household Size | 2.29 |
Family Households | 10,510 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | 0.99% | 0.51% |
Households | 1.39% | 0.74% |
Families | 0.57% | |
Median Household Income | 1.83% | |
Per Capita Income | 2.72% | |
Owner Occupied HU | 1.17% |
The table below compares 24502 to the other 870 ZIP Codes in Virginia by rank and percentile using July 1, 2023 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 | # 145 | 83rd |
Median Household Income | # 518 | 41st |
Housing Affordability Index | # 553 | 64th |
Per Capita Income | # 612 | 30th |
Diversity Index | # 303 | 66th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Virginia Census Data Comparison Tool.