24631 ZIP Code – Oakwood, Virginia

24631 is a small ZIP code in Oakwood, Virginia, part of Buchanan County with a population of approximately 1,917 residents. Residents earn a median household income of $47,770, which is well below the Virginia average and below the national figure. The median home value of $90,700 is well below the national average, with 64.3% owner-occupied housing (increasing). , and the median rent of $744 is below the national average. Housing consists of 60% single-family (decreasing), 9% apartments (increasing).

At 5.8%, the unemployment rate is above the national figure. The poverty rate of 13.8% is near the U.S. average. 7.3% of adults hold a bachelor's degree or higher, well below the U.S. average. The population has a median age of 41.7, near the national median. The surrounding area includes ZIP codes 24646, 24639, 24634.

ZIP Code 24631 Data

Population 1,917
Median Household Income $47,770
Median Home Value $90,700
Median Rent $744
Median Age 41.7
Unemployment Rate 5.8%
Poverty Rate 13.8%
Bachelor's Degree or Higher 7.3%
State Virginia

ZIP 24631 vs. Virginia vs. U.S.

MetricZIP 24631VA Avg.U.S. Avg.
Population1,9179,76610k
Median Household Income$47k$80k$73k
Median Home Value$90k$296k$258k
Median Rent$744$1,227$1,088
Median Age41.744.543.2
Unemployment Rate5.8%4.3%5.0%
Poverty Rate13.8%11.6%13.3%
Bachelor's Degree or Higher7.3%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
24646 ROWE 846 $44,356
24639 RAVEN 3,788 $41,518
24634 PILGRIMS KNOB 273 $26,875
24656 VANSANT 2,657 $55,417
24614 GRUNDY 7,501 $36,875