24245 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Scott County
Centroid: Latitude 36.828, Longitude -82.535
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 24245 has segments in 2 Counties / Independent Cities (Russell, Scott).

Businesses Addresses: 15
PO Box Addresses: 113
Residential Addresses: 415

Multi-Family Addresses: 0
Single Family Addresses: 415

The ZIP Code maps and database are updated 4 times per year.
Database updated: July 1, 2022, Maps updated: August 12, 2022.

Dungannon, VA 24245 Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	1,019 (100%)
Population in Households	1,019 (100.0%)
Population in Families	839 (82.3%)
Population in Group Quarters¹	0
Population Density	15
Diversity Index²	14


INCOME
Median Household Income	$37,390
Average Household Income	$48,450
% of Income for Mortgage⁴	12%
Per Capita Income	$21,178
Wealth Index⁵	32

HOUSING
Total HU (Housing Units)	767 (100%)
Owner Occupied HU	360 (46.9%)
Renter Occupied HU	106 (13.8%)
Vacant Housing Units	301 (39.2%)
Median Home Value	$82,955
Average Home Value	$117,521
Housing Affordability Index³	231

HOUSEHOLDS
Total Households	466
Average Household Size	2.19
Family Households	320
Average Family Size	3.00

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.

Dungannon, VA 24245 - Peer Comparisons by Rank and Percentile

The table below compares 24245 to the other 868 ZIP Codes in Virginia by rank and percentile using July 1, 2022 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	2020-2022	2022-2027
Population	-0.56%	-0.10%
Households	0.10%	0.09%
Families		0.00%
Median Household Income		1.39%
Per Capita Income		2.55%
Owner Occupied HU		0.22%

Variable Description	Rank	Percentile
Total Population	# 646	26th
Population Density	# 808	7th
Median Household Income	# 810	7th
Housing Affordability Index	# 837	96th
Per Capita Income	# 818	6th
Diversity Index	# 763	12th

24245 ZIP Code Profile, Map, Data & Demographics

ZIP Code 24245: Basic Data & USPS Preferred City Name

Dungannon, VA 24245 Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Dungannon, VA 24245 - Peer Comparisons by Rank and Percentile

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