24504 Zip Code

April 23, 2024

Zip Code:	24504
City/Town:	Lynchburg
State:	Virginia

Population:	9,777
Per Capita Income:	$15,574
Mean Household Income:	$41,558

Total Housing Units:	3,763
Median Home Value:	$54,700
Median Year Homes Built:	1943

Land Area:	32.1 sq miles 83.2 sq kilometers
Water Area:	0.4 sq miles 1.0 sq kilometers

Population Information (24504 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

9,777

Male:

4,949

50.6%

49.2%

Female:

4,828

49.4%

50.8%

Median Age:

39.7 yrs

37.2 yrs

Under 5 years:

617

6.3%

6.5%

5 to 9 years:

525

6.8%

6.6%

10 to 19 years:

1,240

12.7%

13.8%

20 to 29 years:

1,384

14.2%

13.8%

30 to 39 years:

1,159

11.9%

13.0%

40 to 49 years:

1,360

13.9%

14.2%

50 to 59 years:

1,485

15.2%

13.6%

60 to 69 years:

1,067

10.9%

9.4%

70 to 79 years:

574

5.9%

5.4%

80 years and over:

366

3.7%

Housing Information (24504 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$54,700

$119,600

Median year homes build:

1943

1971

Median real estate taxes:

$352 / yr.

$1,334 / yr.

Median rent:

$286 / mo.

$519 / mo.

Total households:

3,763

Family households:

2,240

59.5%

66.4%

Nonfamily households:

1,523

40.5%

33.6%

Households with individuals under 18 years:

1,111

29.5%

33.4%

Households with individuals 65 years and over:

969

25.8%

24.9%

Average household size:

2.4

Average family size:

3.1

Total housing units:

4,586

Occupied housing units:

3,763

82.1%

88.6%

Vacant housing units:

823

17.9%

11.4%

For rent:

225

4.9%

3.1%

Rented, not occupied:

0.2%

For sale only:

103

2.2%

1.4%

Sold, not occupied:

0.7%

0.3%

For seasonal, recreational, or occasional use:

1.0%

3.5%

All other vacants:

406

8.9%

2.8%

Homeowner vacancy rate:

4.6%

2.4%

Rental vacancy rate:

12.0%

9.2%

Owner-occupied housing units:

2,117

Population in owner-occupied housing units:

5,203

Average household size of owner-occupied units:

2.5

2.65

Renter-occupied housing units:

1,646

Population in renter-occupied housing units:

3,739

Average household size of renter-occupied units:

2.3

2.44

Educational Attainment (24504 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

6,772

Less than 9th grade:

1,042

15.4%

6.2%

9th to 12th grade, no diploma:

1,534

22.7%

8.7%

High school graduate (includes equivalency):

2,302

34.0%

29.0%

Some college, no degree:

1,103

16.3%

20.6%

Associate degree:

183

2.7%

7.5%

Bachelor's degree:

421

6.2%

17.6%

Graduate or professional degree:

187

2.8%

10.3%

Percent high school graduate or higher:

62.0%

85.0%

Percent bachelor's degree or higher:

9.0%

27.9%

Income Information (24504 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:

3,270

33.4%

50.4%

Median income:

$16,917 / yr.

$27,932 / yr.

Full-time, year-round workers:

1,394

14.3%

59.7%

Median income:

$28,564 / yr.

$38,349 / yr.

Females 15 years and over with income:

3,649

37.3%

49.6%

Median income:

$11,309 / yr.

$16,327 / yr.

Full-time, year-round workers:

1,177

12.0%

40.3%

Median income:

$20,788 / yr.

$28,135 / yr.

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