Pounding Mill, VA 24637 ZIP Code Profile

Related Place Profiles:
Pounding Mill, VA

ZIP Code 24637: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Pounding Mill, VA 24637

Not Acceptable, USPS
Paint Lick, VA 24637

  • ZIP Code Type: STANDARD
  • County: Tazewell County
  • Centroid: Latitude 37.058, Longitude -81.738
  • Time Zone: Eastern Time Zone (UTC -5 hours)
  • Observes DST: Yes
  • Businesses Addresses: 147
  • PO Box Addresses: 527
  • Residential Addresses: 1,173
    • Multi-Family Addresses: 1
    • Single Family Addresses: 1,172

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


Pounding Mill, VA 24637 Data & Demographics (As of July 1, 2020)


Total Population 3,876 (100%)
Population in Households 3,876 (100.0%)
Population in Families 3,342 (86.2%)
Population in Group Quarters1 0
Population Density 94
Diversity Index2 6


Median Household Income $44,175
Average Household Income $60,690
% of Income for Mortgage4 11%
Per Capita Income $24,802
Wealth Index5 59


Total HU (Housing Units) 1,731 (100%)
Owner Occupied HU 1,372 (79.3%)
Renter Occupied HU 212 (12.2%)
Vacant Housing Units 147 ( 8.5%)
Median Home Value $116,892
Average Home Value $140,871
Housing Affordability Index3 237


Total Households 1,584
Average Household Size 2.45
Family Households 1,177
Average Family Size 3
  1. 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.
  2. 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.
  3. 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.
  4. 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).
  5. 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.


2010-2020 2020-2025
Population 0.24% -0.5%
Households 0.38% -0.43%
Families 0.28% -0.52%
Median Household Income   1.0%
Per Capita Income   1.89%
Owner Occupied HU   -0.46%

Pounding Mill, VA 24637 - Peer Comparisons by Rank and Percentile

The table below compares 24637 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.

Variable Description Rank Percentile
Total Population # 405 53rd
Population Density # 396 54th
Median Household Income # 664 23rd
Housing Affordability Index # 746 86th
Per Capita Income # 608 30th
Diversity Index # 811 6th

Additional comparisons and rankings can be made with a VERY EASY TO USE Virginia Census Data Comparison Tool.

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