24503 ZIP Code – Lynchburg, Virginia
24503 is a large ZIP code in Lynchburg, Virginia, part of Lynchburg city with a population of approximately 20,017 residents. The median household income of $90,363 is near the Virginia average and above the national average. At $293,500, median home values run near the national average, with 75.0% owner-occupied housing (increasing). ; median rent of $913 is similarly below the national average. Housing consists of 80% single-family (increasing), 14% apartments (increasing), 6% duplex/multi-family.
Unemployment stands at 3.3%, which is below the U.S. rate. The poverty rate is 7.7%, well below the national average. Bachelor's degree attainment is 59.2%, well above the national average. Residents have a median age of 43.1, near the U.S. median. Neighboring ZIP codes include 24536, 24502, 24551.
ZIP Code 24503 Data
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ZIP 24503 vs. Virginia vs. U.S.
| Metric | ZIP 24503 | VA Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 20k | 9,766 | 10k |
| Median Household Income | $90k | $80k | $73k |
| Median Home Value | $293k | $296k | $258k |
| Median Rent | $913 | $1,227 | $1,088 |
| Median Age | 43.1 | 44.5 | 43.2 |
| Unemployment Rate | 3.3% | 4.3% | 5.0% |
| Poverty Rate | 7.7% | 11.6% | 13.3% |
| Bachelor's Degree or Higher | 59.2% | 29.9% | 26.9% |
Demographics Charts
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Nearby ZIP Codes
- 24536 – Coleman Falls
- 24502 – Lynchburg
- 24551 – Forest
- 24515 – Lynchburg
- 24572 – Madison Heights
- 24501 – Lynchburg
- 24574 – Monroe
- 24556 – Goode
- 24526 – Big Island
- 24595 – Sweet Briar
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 24536 | COLEMAN FALLS | 273 | $156,250 |
| 24502 | LYNCHBURG | 41,134 | $62,537 |
| 24551 | FOREST | 26,873 | $88,251 |
| 24515 | LYNCHBURG | 5,811 | Not provided |
| 24572 | MADISON HEIGHTS | 15,557 | $63,125 |