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
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ZIP 24501 vs. Virginia vs. U.S.
| Metric | ZIP 24501 | VA Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 26k | 9,766 | 10k |
| Median Household Income | $44k | $80k | $73k |
| Median Home Value | $140k | $296k | $258k |
| Median Rent | $864 | $1,227 | $1,088 |
| Median Age | 29.8 | 44.5 | 43.2 |
| Unemployment Rate | 6.6% | 4.3% | 5.0% |
| Poverty Rate | 20.5% | 11.6% | 13.3% |
| Bachelor's Degree or Higher | 25.4% | 29.9% | 26.9% |
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Nearby ZIP Codes
- 24515 – Lynchburg
- 24502 – Lynchburg
- 24504 – Lynchburg
- 24588 – Rustburg
- 24503 – Lynchburg
- 24572 – Madison Heights
- 24551 – Forest
- 24550 – Evington
- 24538 – Concord
- 24536 – Coleman Falls
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 |