24523 Zip Code

April 27, 2024

Zip Code:	24523
City/Town:	Bedford
State:	Virginia

Population:	18,952
Per Capita Income:	$21,450
Mean Household Income:	$50,310

Total Housing Units:	7,865
Median Home Value:	$95,400
Median Year Homes Built:	1973

Land Area:	225.3 sq miles 583.6 sq kilometers
Water Area:	0.7 sq miles 1.9 sq kilometers

Population Information (24523 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

18,952

Male:

9,095

48.0%

49.2%

Female:

9,857

52.0%

50.8%

Median Age:

44.8 yrs

37.2 yrs

Under 5 years:

1,031

5.4%

6.5%

5 to 9 years:

1,025

6.4%

6.6%

10 to 19 years:

2,351

12.4%

13.8%

20 to 29 years:

1,825

9.6%

13.8%

30 to 39 years:

2,073

10.9%

13.0%

40 to 49 years:

2,678

14.1%

14.2%

50 to 59 years:

2,955

15.6%

13.6%

60 to 69 years:

2,361

12.5%

9.4%

70 to 79 years:

1,565

8.3%

5.4%

80 years and over:

1,088

5.7%

3.7%

Housing Information (24523 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$95,400

$119,600

Median year homes build:

1973

1971

Median real estate taxes:

$607 / yr.

$1,334 / yr.

Median rent:

$326 / mo.

$519 / mo.

Total households:

7,865

Family households:

5,331

67.8%

66.4%

Nonfamily households:

2,534

32.2%

33.6%

Households with individuals under 18 years:

2,217

28.2%

33.4%

Households with individuals 65 years and over:

2,507

31.9%

24.9%

Average household size:

2.4

Average family size:

2.8

Total housing units:

8,760

Occupied housing units:

7,865

89.8%

88.6%

Vacant housing units:

895

10.2%

11.4%

For rent:

147

1.7%

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

120

1.4%

Sold, not occupied:

0.4%

0.3%

For seasonal, recreational, or occasional use:

146

1.7%

3.5%

All other vacants:

440

5.0%

2.8%

Homeowner vacancy rate:

2.0%

2.4%

Rental vacancy rate:

6.5%

9.2%

Owner-occupied housing units:

5,758

Population in owner-occupied housing units:

13,792

Average household size of owner-occupied units:

2.4

2.65

Renter-occupied housing units:

2,107

Population in renter-occupied housing units:

4,660

Average household size of renter-occupied units:

2.2

2.44

Educational Attainment (24523 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

13,019

Less than 9th grade:

1,057

8.1%

6.2%

9th to 12th grade, no diploma:

2,197

16.9%

8.7%

High school graduate (includes equivalency):

4,844

37.2%

29.0%

Some college, no degree:

2,272

17.5%

20.6%

Associate degree:

683

5.2%

7.5%

Bachelor's degree:

1,331

10.2%

17.6%

Graduate or professional degree:

635

4.9%

10.3%

Percent high school graduate or higher:

75.0%

85.0%

Percent bachelor's degree or higher:

15.1%

27.9%

Income Information (24523 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:

6,436

34.0%

50.4%

Median income:

$25,475 / yr.

$27,932 / yr.

Full-time, year-round workers:

3,319

17.5%

59.7%

Median income:

$31,955 / yr.

$38,349 / yr.

Females 15 years and over with income:

6,780

35.8%

49.6%

Median income:

$14,516 / yr.

$16,327 / yr.

Full-time, year-round workers:

2,450

12.9%

40.3%

Median income:

$22,100 / yr.

$28,135 / yr.

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