| ZIP Code | 24127 |
|---|---|
| City | New Castle |
| State | Virginia (VA) |
| County | Craig County |
| Area Code | 540/826 |
| Elevation | 1,985 ft |
| Latitude | 37.473603 |
|---|---|
| Longitude | -80.231051 |
| Timezone | New York (DST) |
| FIPS | 51045 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 45.6 yrs ↓ 8% since 2019 |
|---|---|
| Avg Household Size | 2.86 |
| Below Poverty | 15.6% ▲ 56% above avg |
| College Grads | 25.5% ▼ 34% below avg |
| Unemployment | 2.9% ▼ 41% below avg |
| No HS Diploma | 26 (1.1%) |
| HS Graduate | 1,102 (44.8%) |
| Some College | 290 (11.8%) |
| Associates | 415 (16.9%) |
| Bachelors | 231 (9.4%) |
| Graduate Degree | 396 (16.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $59,115 ▼ 23% below avg ↑ 21% since 2019 |
|---|---|
| Median Home Value | $179,300 ▼ 36% below avg ↑ 17% since 2019 |
| Home/Income Ratio | 3.0x (nat avg ~3.5x) |
| Median Rent | $728/mo ↑ 33% since 2019 |
| Total Units | 1,962 |
| Vacant Units | 502 |
| Avg HH Size | 2.86 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,962 |
|---|---|
| Vacant | 502 |
| Owner Occupied | 79.7% |
| Renter Occupied | 20.3% |
| Avg HH Size | 2.86 |
ZIP code 24127 is located in New Castle, Virginia, within Craig County. With a population of 4,184, this is a lightly populated ZIP code with a mature community — the median age is 45.6 years. Economically, 24127 is a solidly middle-class ZIP code: the median household income of $59,115 is below the national average.
Real estate in ZIP code 24127 represents an affordable housing market. The median home value of $179,300 is below the national average. Renters can expect to pay around $728 per month in median rent. Homeownership is strong here — 79.7% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 17% since 2019.
The population of 24127 is primarily White (97.06%). Residents are moderately educated — 25.5% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 15.6%. Household income has grown by 21% since 2019.
The unemployment rate in 24127 stands at 2.9%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 83%.
Overall, ZIP code 24127 in New Castle, VA is characterized as solidly middle-class, moderately educated, a mature community, and predominantly owner-occupied. With 4,184 residents, a median household income of $59,115, and a median home value of $179,300, it offers a clear picture of life in this part of Virginia.