24646 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Buchanan County
Centroid: Latitude 37.127, Longitude -82.037
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 24646 has segments in 2 Counties / Independent Cities (Buchanan, Russell).

Businesses Addresses: 2
PO Box Addresses: 67
Residential Addresses: 278

Multi-Family Addresses: 0
Single Family Addresses: 278

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

Rowe, VA 24646 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	878 (100%)
Population in Households	878 (100.0%)
Population in Families	744 (84.7%)
Population in Group Quarters¹	0
Population Density	72
Diversity Index²	5


INCOME
Median Household Income	$30,338
Average Household Income	$46,124
% of Income for Mortgage⁴	10%
Per Capita Income	$19,542
Wealth Index⁵	43

HOUSING
Total HU (Housing Units)	434 (100%)
Owner Occupied HU	303 (69.8%)
Renter Occupied HU	69 (15.9%)
Vacant Housing Units	62 (14.3%)
Median Home Value	$70,962
Average Home Value	$86,056
Housing Affordability Index³	281

HOUSEHOLDS
Total Households	372
Average Household Size	2.36
Family Households	266
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.

Rowe, VA 24646 - Peer Comparisons by Rank and Percentile

The table below compares 24646 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	0.67%	-0.07%
Households	0.77%	0.0%
Families	0.65%	-0.08%
Median Household Income		0.52%
Per Capita Income		1.25%
Owner Occupied HU		0.07%

Variable Description	Rank	Percentile
Total Population	# 682	21st
Population Density	# 459	47th
Median Household Income	# 837	3rd
Housing Affordability Index	# 820	95th
Per Capita Income	# 801	8th
Diversity Index	# 826	5th

Rowe, VA 24646 ZIP Code Profile

ZIP Code 24646: Basic Data & USPS Preferred City Name

Rowe, VA 24646 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Rowe, VA 24646 - Peer Comparisons by Rank and Percentile

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