24054 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Henry County
Centroid: Latitude 36.659, Longitude -79.715
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 24054 has segments in 2 Counties / Independent Cities (Henry, Pittsylvania).

Businesses Addresses: 91
PO Box Addresses: 198
Residential Addresses: 2,621

Multi-Family Addresses: 0
Single Family Addresses: 2,621

The ZIP Code maps and database are updated 4 times per year.
Database updated: January 1, 2021, Maps updated: January 29, 2021.

Axton, VA 24054 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	6,243 (100%)
Population in Households	6,243 (100.0%)
Population in Families	5,219 (83.6%)
Population in Group Quarters¹	0
Population Density	63
Diversity Index²	59


INCOME
Median Household Income	$37,418
Average Household Income	$50,001
% of Income for Mortgage⁴	11%
Per Capita Income	$20,271
Wealth Index⁵	42

HOUSING
Total HU (Housing Units)	3,002 (100%)
Owner Occupied HU	1,904 (63.4%)
Renter Occupied HU	627 (20.9%)
Vacant Housing Units	471 (15.7%)
Median Home Value	$96,296
Average Home Value	$129,517
Housing Affordability Index³	245

HOUSEHOLDS
Total Households	2,531
Average Household Size	2.47
Family Households	1,771
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races 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.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Axton, VA 24054 - Peer Comparisons by Rank and Percentile

The table below compares 24054 to the other 865 ZIP Codes in Virginia by rank and percentile using July 1, 2020 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.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	-0.36%	-0.62%
Households	-0.21%	-0.54%
Families	-0.35%	-0.63%
Median Household Income		0.99%
Per Capita Income		1.72%
Owner Occupied HU		-0.46%

Variable Description	Rank	Percentile
Total Population	# 318	63rd
Population Density	# 504	42nd
Median Household Income	# 781	10th
Housing Affordability Index	# 765	88th
Per Capita Income	# 779	10th
Diversity Index	# 177	80th

Axton, VA 24054 ZIP Code Profile

ZIP Code 24054: Basic Data & USPS Preferred City Name

Axton, VA 24054 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Axton, VA 24054 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 24054

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