| ZIP Code | 24078 |
|---|---|
| City | Collinsville |
| State | Virginia (VA) |
| County | Henry County |
| Area Code | 276 |
| Elevation | 887 ft |
| Latitude | 36.724265 |
|---|---|
| Longitude | -79.913147 |
| Timezone | New York (DST) |
| FIPS | 51089 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.7 yrs ↓ 7% since 2019 |
|---|---|
| Avg Household Size | 2.50 |
| Below Poverty | 13.4% ▲ 34% above avg |
| College Grads | 42.4% ▲ 9% above avg |
| Unemployment | 4.4% ▼ 10% below avg |
| No HS Diploma | 143 (3.2%) |
| HS Graduate | 1,312 (29.8%) |
| Some College | 550 (12.5%) |
| Associates | 534 (12.1%) |
| Bachelors | 659 (15%) |
| Graduate Degree | 1,210 (27.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $51,579 ▼ 32% below avg ↑ 31% since 2019 |
|---|---|
| Median Home Value | $122,300 ▼ 56% below avg ↑ 17% since 2019 |
| Home/Income Ratio | 2.4x (nat avg ~3.5x) |
| Median Rent | $725/mo ↑ 11% since 2019 |
| Total Units | 3,323 |
| Vacant Units | 442 |
| Avg HH Size | 2.50 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 3,323 |
|---|---|
| Vacant | 442 |
| Owner Occupied | 59.7% |
| Renter Occupied | 40.3% |
| Avg HH Size | 2.50 |
ZIP code 24078 is located in Collinsville, Virginia, within Henry County. With a population of 7,217, this is a lightly populated ZIP code with a middle-aged community — the median age is 39.7 years. Economically, 24078 is a working-class ZIP code: the median household income of $51,579 is below the national average.
Real estate in ZIP code 24078 represents one of the more affordable housing markets in the country. The median home value of $122,300 is well below the national average. Renters can expect to pay around $725 per month in median rent. The area has a relatively balanced mix of owners (59.7%) and renters (40.3%). Median home values have increased by 17% since 2019.
The population of 24078 is majority White (67.31%). Residents are well-educated — 42.4% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 13.4%. Household income has grown by 31% since 2019.
The unemployment rate in 24078 stands at 4.4%, which is near the national average. As in most parts of the country, driving alone is the dominant commute mode at 84%.
Overall, ZIP code 24078 in Collinsville, VA is characterized as working-class, well-educated, and a middle-aged community. With 7,217 residents, a median household income of $51,579, and a median home value of $122,300, it offers a clear picture of life in this part of Virginia.