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
See more demographics for:
ZIP 24631 vs. Virginia vs. U.S.
| Metric | ZIP 24631 | VA Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 1,917 | 9,766 | 10k |
| Median Household Income | $47k | $80k | $73k |
| Median Home Value | $90k | $296k | $258k |
| Median Rent | $744 | $1,227 | $1,088 |
| Median Age | 41.7 | 44.5 | 43.2 |
| Unemployment Rate | 5.8% | 4.3% | 5.0% |
| Poverty Rate | 13.8% | 11.6% | 13.3% |
| Bachelor's Degree or Higher | 7.3% | 29.9% | 26.9% |
Demographics Charts
Race & Ethnicity
Gender
Education Level (adults 25+)
Nearby ZIP Codes
- 24646 – Rowe
- 24639 – Raven
- 24634 – Pilgrims Knob
- 24656 – Vansant
- 24614 – Grundy
- 24657 – Whitewood
- 24649 – Swords Creek
- 24239 – Davenport
- 24622 – Jewell Ridge
- 24873 – Paynesville
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 |