24538 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Campbell County
Centroid: Latitude 37.344, Longitude -78.992
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 24538 has segments in 2 Counties / Independent Cities (Appomattox, Campbell).

Businesses Addresses: 112
PO Box Addresses: 269
Residential Addresses: 1,797

Multi-Family Addresses: 0
Single Family Addresses: 1,797

The ZIP Code maps and database are updated 4 times per year.
Database updated: July 1, 2021, Maps updated: May 5, 2021.

Concord, VA 24538 Data & Demographics (As of July 1, 2021)

POPULATION
Total Population	4,867 (100%)
Population in Households	4,862 (99.9%)
Population in Families	4,154 (85.4%)
Population in Group Quarters¹	5 ( 0.1%)
Population Density	57
Diversity Index²	37


INCOME
Median Household Income	$60,929
Average Household Income	$75,479
% of Income for Mortgage⁴	13%
Per Capita Income	$29,932
Wealth Index⁵	71

HOUSING
Total HU (Housing Units)	2,195 (100%)
Owner Occupied HU	1,655 (75.4%)
Renter Occupied HU	275 (12.5%)
Vacant Housing Units	265 (12.1%)
Median Home Value	$194,766
Average Home Value	$258,595
Housing Affordability Index³	198

HOUSEHOLDS
Total Households	1,930
Average Household Size	2.52
Family Households	1,431
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.

Concord, VA 24538 - Peer Comparisons by Rank and Percentile

The table below compares 24538 to the other 867 ZIP Codes in Virginia by rank and percentile using July 1, 2021 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	2010-2021	2021-2026
Population	0.5%	0.52%
Households	0.59%	0.57%
Families	0.47%	0.5%
Median Household Income		2.15%
Per Capita Income		2.49%
Owner Occupied HU		0.76%

Variable Description	Rank	Percentile
Total Population	# 368	58th
Population Density	# 529	39th
Median Household Income	# 396	54th
Housing Affordability Index	# 664	77th
Per Capita Income	# 464	47th
Diversity Index	# 484	44th

24538 ZIP Code Profile, Map, Data & Demographics

ZIP Code 24538: Basic Data & USPS Preferred City Name

Concord, VA 24538 Data & Demographics (As of July 1, 2021)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Concord, VA 24538 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 24538

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