Enter zip code or city to begin your search

Zip Code 24550 Population

Population breakdown by gender

Population in zip code 24550 is 7,391 residents | Male to Female ratio is 1:0.97 | Zip Code 24550 land area is 65.0981 sq. miles | Population density is 113.54 residents per square mile

Median age in zip code 24550

  Median Age
Zip Code Median Age 39
Median Age - Male 40.5
Median Age - Female 37.9

Median age of zip code 24550 is 3.7% lower compared to nearby zip codes and 4.8% higher compared to the United States median age. Comparing gender-specific madian age yields the following results. Male median age of zip code 24550 is 4.4% higher compared to nearby zip codes and 13.1% higher compared to the United States male median age. Female zip code 24550 median age is 9.3% lower in comparison to nearby zip codes and 1.6% lower compared to female national median age average.

Population breakdown by age

Racial makeup of zip code 24550

White population 6651
Black or African American population 613
Asian population 18
American Indian and Alaska Native population 0
Native Hawaiian and other Pacific Islander population 0
Other population 0

Region of birth

Zip code 24550 ancestry distribution

Arab 0% Czech 0.1%
Danish 0% Dutch 0.6%
English 10.8% French No Basque 1.2%
French Canadian 0.5% German 5.1%
Greek 0% Hungarian 0.1%
Irish 5.3% Italian 1%
Lithuanian 0% Norwegian 0%
Polish 1.7% Portuguese 0.1%
Russian 0.3% Scotch-Irish 1.3%
Scottish 1.3% Slovak 0%
Subsaharan African 0.2% Swedish 0.4%
Swiss 0.1% Ukrainian 0%
USA 24.3% Welsh 0.3%
West Indian No Hispanic Groups 0% Other Ancestries 17.6%

Family type by presence of children under 18 by age in zip code 24550

Family Type Distribution
Total families 1918
Married couples 75.29%
Other couples 24.71%

Family and household income distribution in zip code 24550

  Family income (%) Household income (%)
$30,000 or less 19.5% 26.96%
$30,000 and $50,000 24.45% 20.59%
$50,000 and $100,000 43.22% 40.15%
$100,000 and $200,000 11.31% 11.18%
$200,000 or more 1.51% 1.12%

Households by size in zip code 24550

Household language in zip code 24550

English language 98.07%
Spanish language 0.09%
Other European language 1.3%
Asian language 0.39%
Other language 0.16%

Population by housing unit in zip code 24550

Total Occupied housing units 2593
Detached housing units 75.16%
Attached housing units 0%
2 units 1.97%
3 - 4 units 0.73%
5 - 9 units 0%
10 - 19 units 0%
20 - 49 units 0%
50 or more units 0.39%
Mobile homes 21.75%
Boats, RVs, Vans 0%

Means of transportation to work in zip code 24550

Use car, track or Van 96.66%
Use public transportation 0%
Use Motorcycle 0%
Use bicycle 0%
Walk to work 1.47%
Work at home 1.87%

School attendance in zip code 24550

Attent Preschool programs 2.16%
Attend Public School 18.39%
Attend college undergraduate program 5.92%
Attent graduate studies 2.89%
Not enrolled in school 70.63%

Highest school attainment in zip code 24550

Less then 9th grade 5.03%
Grade 9 to 12, no diploma 9.64%
High school diploma 32.78%
Some college, no degree 28.71%
Associate degree 11.28%
Bachelor's degree 12.42%
Graduate or professional degree 0.13%

Real Estate in zip code 24550

Housing occupied 85.66%
Housing vacant 14.34%
Housing occupied by owner 86.23%
Housing occupied by tenant 13.77%
Total Rented Units 357
Median Contract Gross Rent $526
Median Gross Rent $854
Median Home Value $156,400

Contract rent is the monthly cash rent agreed to, regardless of any furnishings, utilities, fees, meals, or services that may be included. Gross rent is the contract rent plus the estimated average monthly cost of utilities and fuels if these are paid by the renter. In zip code 24550 median gross rent is 62.36% larger then the median contract rent.

Average estimated apartment rent in zip code 24550

Studio $490
1 Bedroom $500
2 Bedrooms $600
3 Bedrooms $740
4 Bedrooms $830
AVERAGE RENT $632

Average rent in zip code 24550 ($632.00) is 7.4% lower compared to nearby zip codes and 32.4% lower compared to the average rent in the US. The following illustrates how zip code 24550 rent compares to the nearby zip code rents by unit type: studio apartment rent is 6.8% lower, one bedroom apartment rent is 7.2% lower, two bedroom rent is 7.7% lower, three bedroom rent is 7.7% lower, four bedroom rent is 7.3% lower.

Housing units in zip code 24550

Total housing units 3027
Detached housing units 70.37%
Attached housing units 0%
2 units 3.01%
3 - 4 units 0.63%
5 - 9 units 0%
10 - 19 units 0%
20 - 49 units 0%
50 or more units 0.33%
Mobile homes 25.67%
Boats, RVs, Vans 0%

Real Estate taxes paid in zip code 24550

Total Real Estate Taxes $1,819,300
Real estate taxes paid for units with a mortgage $1,125,000
Real estate taxes paid for units with no mortgage $694,400

Compare Zip Codes

or compare zip code 24550 to other nearby zip codes.

Nearby Zip Code Income Per Capita Comparison

Zip Codes Near 24550

Zip Code City County Distance
24517 Altavista Campbell 2.05 ml
24571 Lynch Station Campbell 8.53 ml
24551 Forest Bedford 9.21 ml
24502 Lynchburg Lynchburg 9.96 ml
24588 Rustburg Campbell 10.22 ml
24501 Lynchburg Lynchburg 10.83 ml
24554 Gladys Campbell 10.88 ml
24556 Goode Bedford 11.6 ml
24503 Lynchburg Lynchburg 11.78 ml
24504 Lynchburg Lynchburg 13.65 ml