24502 Zip Code

April 20, 2024

Zip Code:	24502
City/Town:	Timberlake
State:	Virginia

Population:	43,426
Per Capita Income:	$21,360
Mean Household Income:	$51,090

Total Housing Units:	16,010
Median Home Value:	$96,700
Median Year Homes Built:	1971

Land Area:	27.7 sq miles 71.8 sq kilometers
Water Area:	0.2 sq miles 0.5 sq kilometers

Population Information (24502 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

43,426

Male:

20,634

47.5%

49.2%

Female:

22,792

52.5%

50.8%

Median Age:

28.4 yrs

37.2 yrs

Under 5 years:

2,326

5.4%

6.5%

5 to 9 years:

1,996

12.4%

6.6%

10 to 19 years:

7,322

16.9%

13.8%

20 to 29 years:

10,954

25.2%

13.8%

30 to 39 years:

4,465

10.3%

13.0%

40 to 49 years:

4,325

10.0%

14.2%

50 to 59 years:

4,295

9.9%

13.6%

60 to 69 years:

3,394

7.8%

9.4%

70 to 79 years:

2,403

5.5%

5.4%

80 years and over:

1,946

4.5%

3.7%

Housing Information (24502 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$96,700

$119,600

Median year homes build:

1971

Median real estate taxes:

$759 / yr.

$1,334 / yr.

Median rent:

$417 / mo.

$519 / mo.

Total households:

16,010

Family households:

9,459

59.1%

66.4%

Nonfamily households:

6,551

40.9%

33.6%

Households with individuals under 18 years:

4,256

26.6%

33.4%

Households with individuals 65 years and over:

4,187

26.2%

24.9%

Average household size:

2.3

Average family size:

2.9

Total housing units:

17,489

Occupied housing units:

16,010

91.5%

88.6%

Vacant housing units:

1,479

8.5%

11.4%

For rent:

819

4.7%

3.1%

Rented, not occupied:

0.2%

For sale only:

251

1.4%

Sold, not occupied:

0.3%

For seasonal, recreational, or occasional use:

0.5%

3.5%

All other vacants:

239

1.4%

2.8%

Homeowner vacancy rate:

2.6%

2.4%

Rental vacancy rate:

10.8%

9.2%

Owner-occupied housing units:

9,256

Population in owner-occupied housing units:

22,209

Average household size of owner-occupied units:

2.4

2.65

Renter-occupied housing units:

6,754

Population in renter-occupied housing units:

14,751

Average household size of renter-occupied units:

2.2

2.44

Educational Attainment (24502 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

20,006

Less than 9th grade:

994

5.0%

6.2%

9th to 12th grade, no diploma:

2,328

11.6%

8.7%

High school graduate (includes equivalency):

6,242

31.2%

29.0%

Some college, no degree:

4,747

23.7%

20.6%

Associate degree:

1,271

6.4%

7.5%

Bachelor's degree:

3,028

15.1%

17.6%

Graduate or professional degree:

1,396

7.0%

10.3%

Percent high school graduate or higher:

83.4%

85.0%

Percent bachelor's degree or higher:

22.1%

27.9%

Income Information (24502 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

11,608

26.7%

50.4%

Median income:

$25,260 / yr.

$27,932 / yr.

Full-time, year-round workers:

6,120

14.1%

59.7%

Median income:

$34,263 / yr.

$38,349 / yr.

Females 15 years and over with income:

12,824

29.5%

49.6%

Median income:

$13,941 / yr.

$16,327 / yr.

Full-time, year-round workers:

4,442

10.2%

40.3%

Median income:

$24,807 / yr.

$28,135 / yr.

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