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Zip Code 24504 Map And Demographics

Home»Virginia State»Lynchburg County»Lynchburg»Zip Code 24504
  • Population
    10,864
  • Density
    338 / sqml.
  • Med. Home Value
    $110,000
  • Med. Rent
    $589

Zip Code Rankings

The table shows the top 5 positions of zip code 24504 on our zip code ranking charts. For example, a rank of 10 means that a zip code ranks #10 on the list of the top zip codes in America for a particular value. The lists were created for all zip codes in America with the population of 1000 residents or higher.

Rank Report Value
#1,544 Top Zip Codes With The Highest Percentage Of Poor Families Having 50 Or More Families 42.23%
#1,990 Top Zip Codes With The Lowest Number Of Families-to-population Percentage 21.34%
#2,491 Top Zip Codes With The Highest Owner-to-tenant Housing Occupied Ratio 1:0.86
#2,899 Top Zip Codes With The Highest Married-to-other Couples Ratio 1:0.57
#3,604 Top Zip Codes With The Highest Percentage Of People Who Use Public Transportation 3.50%

Population breakdown by gender

Population in zip code 24504 is 10,864 residents | Male to Female ratio is 1:1.05 | Zip Code 24504 land area is 32.1098 sq. miles | Population density is 338.34 residents per square mile

Median age

  Median Age
Zip Code Median Age 40.1
Median Age - Male 35.5
Median Age - Female 41.7

Median age of zip code 24504 is 3.1% higher compared to nearby zip codes and 7.8% higher compared to the United States median age. Comparing gender-specific madian age yields the following results. Male median age of zip code 24504 is 13.6% lower compared to nearby zip codes and 0.8% lower compared to the United States male median age. Female zip code 24504 median age is 0.5% higher in comparison to nearby zip codes and 8.3% higher compared to female national median age average.

Population breakdown by age

Racial makeup

Race Count
White population 4152
Black or African American population 6335
Asian population 36
American Indian and Alaska Native population 0
Native Hawaiian and other Pacific Islander population 0
Other population 18

Region of birth

Ancestry distribution

Ancestry Percent Ancestry Percent
Arab 0% Czech 0%
Danish 0.1% Dutch 0.5%
English 5% French No Basque 0.8%
French Canadian 0.3% German 2.7%
Greek 0% Hungarian 0.2%
Irish 2.4% Italian 0.5%
Lithuanian 0% Norwegian 0.1%
Polish 0% Portuguese 0.3%
Russian 0% Scotch-Irish 0.8%
Scottish 0.8% Slovak 0%
Subsaharan African 1.5% Swedish 0.2%
Swiss 0.1% Ukrainian 0%
USA 9.7% Welsh 0.3%
West Indian No Hispanic Groups 0% Other Ancestries 42.9%

Family type by presence of children under 18 by age

Family Type Distribution
Total families 2318
Married couples 63.85%
Other couples 36.15%

Family and household income distribution

  Family income (%) Household income (%)
$30,000 or less 42.23% 52.33%
$30,000 and $50,000 15.01% 15.92%
$50,000 and $100,000 26.79% 20.98%
$100,000 and $200,000 15.79% 10.68%
$200,000 or more 0.17% 0.1%

Households by size

Household language

Language Spoken Percent
English language 97.8%
Spanish language 1.45%
Other European language 0.13%
Asian language 0.46%
Other language 0.15%

Population by housing unit

Housing Unit Percent
Total Occupied housing units 3971
Detached housing units 74.06%
Attached housing units 4.63%
2 units 2.85%
3 - 4 units 6.55%
5 - 9 units 2.39%
10 - 19 units 1.16%
20 - 49 units 2.42%
50 or more units 3.02%
Mobile homes 2.92%
Boats, RVs, Vans 0%

Means of transportation to work

Means Percent
Use car, track or Van 88.96%
Use public transportation 3.5%
Use Motorcycle 0%
Use bicycle 0%
Walk to work 4.42%
Work at home 3.11%

School attendance

Attendance Percent
Attent Preschool programs 4.11%
Attend Public School 13.81%
Attend college undergraduate program 5.45%
Attent graduate studies 0.53%
Not enrolled in school 76.09%

Highest school attainment

Attainment Percent
Less then 9th grade 8.77%
Grade 9 to 12, no diploma 19.28%
High school diploma 34.14%
Some college, no degree 20.9%
Associate degree 6.8%
Bachelor's degree 9.61%
Graduate or professional degree 0.5%

Business Counts by Industry

Industry Type Count
Total of all sectors 338
Professional, Scientific, and Technical Services 60
Retail Trade 42
Finance and Insurance 37
Construction 35
Other Services (except Public Administration) 34
Health Care and Social Assistance 30
Accommodation and Food Services 21
Real Estate and Rental and Leasing 16
Manufacturing 12
Wholesale Trade 11
Transportation and Warehousing 9
Arts, Entertainment, and Recreation 8
Information 7
Administrative and Support and Waste Management and Remediation Services 7
Educational Services 4
Management of Companies and Enterprises 3
Agriculture, Forestry, Fishing and Hunting 1
Industries not classified 1

Real Estate

Metric Value
Housing occupied 82.4%
Housing vacant 17.6%
Housing occupied by owner 53.66%
Housing occupied by tenant 46.34%
Total Rented Units 1840
Median Contract Gross Rent $430
Median Gross Rent $589
Median Home Value $110,000

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 24504 median gross rent is 36.98% larger then the median contract rent.

Average estimated apartment rent

Apartment Type Average Rent
Studio $530
1 Bedroom $550
2 Bedrooms $660
3 Bedrooms $810
4 Bedrooms $910
AVERAGE RENT $692

Average rent in zip code 24504 ($692.00) is 2.3% higher compared to nearby zip codes and 26% lower compared to the average rent in the US. The following illustrates how zip code 24504 rent compares to the nearby zip code rents by unit type: studio apartment rent is 1.5% higher, one bedroom apartment rent is 3.1% higher, two bedroom rent is 2.4% higher, three bedroom rent is 1.8% higher, four bedroom rent is 2.6% higher.

Housing units

Housing Unit Percent
Total housing units 4819
Detached housing units 72.44%
Attached housing units 5.17%
2 units 3.44%
3 - 4 units 5.4%
5 - 9 units 3.24%
10 - 19 units 1.35%
20 - 49 units 3.15%
50 or more units 3.4%
Mobile homes 2.41%
Boats, RVs, Vans 0%

Real Estate taxes paid

Tax Amount
Total Real Estate Taxes $1,786,300
Real estate taxes paid for units with a mortgage $1,156,200
Real estate taxes paid for units with no mortgage $630,100

Nearby Zip Code Income Per Capita Comparison

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