Richlands, VA 24641 ZIP Code Profile

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Richlands, VA
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ZIP Code 24641: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Richlands, VA 24641

  • ZIP Code Type: STANDARD
  • County: Tazewell County
  • Centroid: Latitude 37.093, Longitude -81.807
  • Time Zone: Eastern Time Zone (UTC -5 hours)
  • Observes DST: Yes
  • Businesses Addresses: 364
  • PO Box Addresses: 449
  • Residential Addresses: 2,437
    • Multi-Family Addresses: 35
    • Single Family Addresses: 2,402

The ZIP Code maps and database are updated 4 times per year.
Database updated: April 1, 2020, Maps updated: May 1, 2020.

Jump to... (On This Page!)
  1. 24641 2019 Demographic Data
  2. Growth Rates for 24641 (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Virginia Research Tools (Easy Tools & Current Data)
  3. Virginia Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.



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Richlands, VA 24641 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Richlands, VA 24641 Housing Affordability Index is 227
State of Virginia Housing Affordability Index is 126
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.

WEALTH INDEX

Richlands, VA 24641 Wealth Index is 40
State of Virginia Wealth Index is 124
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.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties / Independent Cities, and ZIP Codes.

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  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Virginia COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 6,255 (100%)
Population in Households 6,245 (99.8%)
Population in Families 4,965 (79.4%)
Population in Group Quarters1 10 ( 0.2%)
Population Density 267
Diversity Index2 7
 

INCOME

Median Household Income $33,385
Average Household Income $45,287
Per Capita Income $19,891
Wealth Index4 40

HOUSING

Total Housing Units 3,042 (100%)
Owner Occupied HU 1,960 (64.4%)
Renter Occupied HU 787 (25.9%)
Vacant Housing Units 295 ( 9.7%)
Median Home Value $78,405
Housing Affordability Index3 227
 

HOUSEHOLDS

Total Households 2,747
Average Household Size 2.27
Family Households 1,746
Average Family Size 3
NOTES
  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 race 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 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.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.33% -0.28%
Households 0.34% -0.26%
Families 0.19% -0.36%
Median Household Income   1.32%
Per Capita Income   1.31%

Richlands, VA 24641 - Peer Comparisons by Rank and Percentile

The table below compares 24641 to the other 880 ZIP Codes in Virginia by rank and percentile using July 1, 2019 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 # 319 64th
Population Density # 246 72nd
Diversity Index # 798 9th
Median Household Income # 819 7th
Per Capita Income # 780 11th

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


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