24501 ZIP Code – Lynchburg, Virginia

24501 is a large ZIP code in Lynchburg, Virginia, part of Lynchburg city with a population of approximately 26,778 residents. At $44,000, the median household income here runs well below the Virginia average and below the U.S. average. Median home values of $140,000 are well below the national average, with 47.0% owner-occupied housing (increasing). ; median rent of $864 is similarly below the national average. Housing consists of 60% single-family (decreasing), 25% apartments (increasing), 8% duplex/multi-family.

Unemployment stands at 6.6%, which is above the U.S. rate. The poverty rate of 20.5% is well above the U.S. average. Bachelor's degree attainment is 25.4%, near the national average. At 29.8, the median age is below the national figure. ZIP codes in the surrounding area include 24515, 24502, 24504.

ZIP Code 24501 Data

Population 26,778
Median Household Income $44,000
Median Home Value $140,000
Median Rent $864
Median Age 29.8
Unemployment Rate 6.6%
Poverty Rate 20.5%
Bachelor's Degree or Higher 25.4%
State Virginia

ZIP 24501 vs. Virginia vs. U.S.

MetricZIP 24501VA Avg.U.S. Avg.
Population26k9,76610k
Median Household Income$44k$80k$73k
Median Home Value$140k$296k$258k
Median Rent$864$1,227$1,088
Median Age29.844.543.2
Unemployment Rate6.6%4.3%5.0%
Poverty Rate20.5%11.6%13.3%
Bachelor's Degree or Higher25.4%29.9%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
24515 LYNCHBURG 5,811 Not provided
24502 LYNCHBURG 41,134 $62,537
24504 LYNCHBURG 9,498 $45,873
24588 RUSTBURG 9,265 $62,459
24503 LYNCHBURG 20,017 $90,363