| ZIP Code | 24060 |
|---|---|
| City | Blacksburg |
| State | Virginia (VA) |
| County | Montgomery County |
| Area Code | 540/826 |
| Elevation | 2,104 ft |
| Latitude | 37.260526 |
|---|---|
| Longitude | -80.416722 |
| Timezone | New York (DST) |
| FIPS | 51121 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 27.3 yrs ↑ 19% since 2019 |
|---|---|
| Avg Household Size | 2.47 |
| Below Poverty | 33.0% ▲ 230% above avg |
| College Grads | 65.0% ▲ 68% above avg |
| Unemployment | 3.4% ▼ 30% below avg |
| No HS Diploma | 103 (0.5%) |
| HS Graduate | 3,233 (14.6%) |
| Some College | 1,891 (8.5%) |
| Associates | 2,552 (11.5%) |
| Bachelors | 1,279 (5.8%) |
| Graduate Degree | 13,136 (59.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $63,496 ▼ 17% below avg ↑ 20% since 2019 |
|---|---|
| Median Home Value | $412,300 ▲ 48% above avg ↑ 35% since 2019 |
| Home/Income Ratio | 6.5x (nat avg ~3.5x) |
| Median Rent | $1,266/mo ↑ 18% since 2019 |
| Total Units | 22,797 |
| Vacant Units | 3,705 |
| Avg HH Size | 2.47 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 22,797 |
|---|---|
| Vacant | 3,705 |
| Owner Occupied | 42.2% |
| Renter Occupied | 57.8% |
| Avg HH Size | 2.47 |
ZIP code 24060 is located in Blacksburg, Virginia, within Montgomery County. With a population of 48,197, this is a highly populated ZIP code with a young community — the median age is 27.3 years. Economically, 24060 is a solidly middle-class ZIP code: the median household income of $63,496 is below the national average.
Real estate in ZIP code 24060 represents a premium housing market. The median home value of $412,300 is above the national average. Renters can expect to pay around $1,266 per month in median rent. The area has a relatively balanced mix of owners (42.2%) and renters (57.8%). Median home values have increased by 35% since 2019.
The population of 24060 is primarily White (80.36%). Residents are highly educated — 65.0% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a significant share of residents at 33.0%. Household income has grown by 20% since 2019.
The unemployment rate in 24060 stands at 3.4%, which is below the national average. About 15% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 63%.
Overall, ZIP code 24060 in Blacksburg, VA is characterized as solidly middle-class, highly educated, and a young community. With 48,197 residents, a median household income of $63,496, and a median home value of $412,300, it offers a clear picture of life in this part of Virginia.