ZIP Code 24551 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 | 26,561 (100%) |
Population in Households | 26,468 (99.6%) |
Population in Families | 23,129 (87.1%) |
Population in Group Quarters1 | 93 ( 0.4%) |
Population Density | 369 |
Diversity Index2 | 35 |
INCOME | |
Median Household Income | $88,497 |
Average Household Income | $124,315 |
% of Income for Mortgage4 | 24% |
Per Capita Income | $47,613 |
Wealth Index5 | 144 |
Socioeconomic Status Index6 | Moderate (62.9) |
HOUSING | |
---|---|
Total HU (Housing Units) | 10,668 (100%) |
Owner Occupied HU | 8,463 (79.3%) |
Renter Occupied HU | 1,709 (16.0%) |
Vacant Housing Units | 496 ( 4.6%) |
Median Home Value | $346,687 |
Average Home Value | $408,685 |
Housing Affordability Index3 | 110 |
HOUSEHOLDS | |
Total Households | 10,172 |
Average Household Size | 2.60 |
Family Households | 7,517 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | 0.97% | 0.62% |
Households | 1.08% | 0.73% |
Families | 0.60% | |
Median Household Income | 2.75% | |
Per Capita Income | 2.52% | |
Owner Occupied HU | 0.82% |
The table below compares 24551 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 | # 130 | 85th |
Population Density | # 228 | 74th |
Median Household Income | # 208 | 76th |
Housing Affordability Index | # 522 | 60th |
Per Capita Income | # 203 | 77th |
Diversity Index | # 562 | 35th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Virginia Census Data Comparison Tool.