24592 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Halifax County
Centroid: Latitude 36.709, Longitude -78.902
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 24592 has segments in 2 Counties / Independent Cities (Halifax, Pittsylvania).

Businesses Addresses: 735
PO Box Addresses: 305
Residential Addresses: 6,198

Multi-Family Addresses: 236
Single Family Addresses: 5,962

The ZIP Code maps and database are updated 4 times per year.
Database updated: June 1, 2024, Maps updated: May 1, 2024.

South Boston, VA 24592 Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	12,997 (100%)
Population in Households	12,388 (95.3%)
Population in Families	9,616 (74.0%)
Population in Group Quarters¹	609 ( 4.7%)
Population Density	99
Diversity Index²	58


INCOME
Median Household Income	$48,276
Average Household Income	$64,789
% of Income for Mortgage⁴	22%
Per Capita Income	$27,945
Wealth Index⁵	50
Socioeconomic Status Index⁶	Moderate (46.0)

HOUSING
Total HU (Housing Units)	6,513 (100%)
Owner Occupied HU	3,546 (54.4%)
Renter Occupied HU	2,041 (31.3%)
Vacant Housing Units	926 (14.2%)
Median Home Value	$169,569
Average Home Value	$191,864
Housing Affordability Index³	118

HOUSEHOLDS
Total Households	5,587
Average Household Size	2.22
Family Households	3,211
Average Family Size	3.00

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.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

South Boston, VA 24592 - Peer Comparisons by Rank and Percentile

The table below compares 24592 to the other 871 ZIP Codes in Virginia by rank and percentile using July 1, 2024 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	2020-2024	2024-2029
Population	-0.65%	-0.37%
Households	-0.30%	-0.08%
Families		0.09%
Median Household Income		1.48%
Per Capita Income		2.80%
Owner Occupied HU		0.68%

Variable Description	Rank	Percentile
Total Population	# 217	75th
Population Density	# 385	56th
Median Household Income	# 685	21st
Housing Affordability Index	# 693	80th
Per Capita Income	# 690	21st
Diversity Index	# 239	73rd

24592 ZIP Code Profile, Map, Data & Demographics

ZIP Code 24592: Basic Data & USPS Preferred City Name

South Boston, VA 24592 Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

South Boston, VA 24592 - Peer Comparisons by Rank and Percentile

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