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ZIP Code 24316, VA

Comprehensive demographics, housing data, local amenities, and economic statistics for ZIP Code 24316.

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Community Insights

Affordable Market
$140k median home
lower cost than 81% of the country
Leading Industries
Manufacturing · Retail · Public Administration
5% manufacturing
Home Value Growth
+6.8% over 2 years
Young Adults
29% of residents
slightly above average
Homeowners
82% of occupied units

People & Demographics

Total Population2,300
Households
Under 18
19.0%
Age 18–34
29.0%
Age 35–64
32.0%
Age 65+
20.0%
Veterans
7.0%
Active Duty
2.0%

Housing & Living

Median Home Value$139,771
Median Gross Rent$680/mo
Owner Occupied
82.1%
Renter Occupied
17.9%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$60,936
Poverty Rate

Key Industries

Healthcare7.0%
Professional Services1.0%
Manufacturing5.0%
Retail19.0%
Education1.0%

Amenities & Transit

Transit Score
Walkability / Amenities
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
14.0%
Master's or Higher
8.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of ZIP code 24316?

The total population of ZIP code 24316 is approximately 2,300. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Do more people rent or own homes in ZIP code 24316?

The housing market in ZIP code 24316 is predominantly driven by homeowners, with 82% of housing units being owner-occupied and 18% being renter-occupied.

What is the education level of residents in ZIP code 24316?

In ZIP code 24316, approximately 14% of adult residents hold a bachelor's degree or higher. Additionally, 8% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.