24457 ZIP Code Demographics & Rankings

The ZIP Code maps and database are updated 4 times per year.
Database updated: January 1, 2021, Maps updated: November 4, 2020.

Low Moor, VA 24457 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	140 (100%)
Population in Households	134 (95.7%)
Population in Families	109 (77.9%)
Population in Group Quarters¹	6 ( 4.3%)
Population Density	87
Diversity Index²	19


INCOME
Median Household Income	$40,468
Average Household Income	$49,502
% of Income for Mortgage⁴	9%
Per Capita Income	$23,037
Wealth Index⁵	44

HOUSING
Total HU (Housing Units)	76 (100%)
Owner Occupied HU	51 (67.1%)
Renter Occupied HU	14 (18.4%)
Vacant Housing Units	11 (14.5%)
Median Home Value	$87,500
Average Home Value	$109,314
Housing Affordability Index³	306

HOUSEHOLDS
Total Households	65
Average Household Size	2.06
Family Households	44
Average Family Size	2

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.

Low Moor, VA 24457 - Peer Comparisons by Rank and Percentile

The table below compares 24457 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	-0.74%	-0.87%
Households	-0.72%	-0.94%
Families	-0.85%	-1.4%
Median Household Income		0.43%
Per Capita Income		0.9%
Owner Occupied HU		-0.8%

Variable Description	Rank	Percentile
Total Population	# 819	5th
Population Density	# 419	52nd
Median Household Income	# 721	17th
Housing Affordability Index	# 842	97th
Per Capita Income	# 689	20th
Diversity Index	# 675	22nd

Low Moor, VA 24457 ZIP Code Profile

ZIP Code 24457: Basic Data & USPS Preferred City Name

Low Moor, VA 24457 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Low Moor, VA 24457 - Peer Comparisons by Rank and Percentile

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