US ZIP Code
24174

Thaxton, VA

Bedford County  ·  Virginia

● Active
👥 2,335 Population ↓ 19% since 2019
💰 $55,344 Median HH Income
▼ 27% below avg ↑ 18% since 2019
🎂 34.9 Median Age ↓ 17% since 2019
🏠 $185,400 Median Home Value
▼ 33% below avg ↑ 99% since 2019
🎓 25.9% College Grads
▼ 33% below avg
📊 6.8% Unemployment
▲ 40% above avg ↓ 28% since 2019
ZIP Code Details
ZIP Code24174
CityThaxton
StateVirginia (VA)
CountyBedford County
Area Code540/826
Elevation1,029 ft
Latitude37.34972
Longitude-79.661897
TimezoneNew York (DST)
FIPS51019
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 49.6% (1,159) Female 50.4% (1,176) ♀

Race & Ethnicity

White: 92.9%Hispanic: 0.2%Asian: 3.6%Other: 3%Race
White92.9%
Hispanic0.2%
Asian3.6%
Other3.0%

Age Breakdown

Under 5
4%
5–17
15%
18–24
8%
25–44
38%
45–64
20%
65+
8%

Key Indicators

Median Age34.9 yrs ↓ 17% since 2019
Avg Household Size2.44
Below Poverty16.3% ▲ 63% above avg
College Grads25.9% ▼ 33% below avg
Unemployment6.8% ▲ 40% above avg
HS Graduate758 (48.6%)
Some College266 (17.1%)
Associates132 (8.5%)
Bachelors170 (10.9%)
Graduate Degree233 (14.9%)

Education

HS Grad: 48.6%Some College: 17.1%Associates: 8.5%Bachelors: 10.9%Graduate: 14.9%Edu
HS Grad48.6%
Some College17.1%
Associates8.5%
Bachelors10.9%
Graduate14.9%
Housing & Income

Housing Tenure

Owner: 89.4%Renter: 10.7%Tenure
Owner89.4%
Renter10.7%

Home Value Distribution

Under $50k
18%
$50k–100k
8%
$100k–150k
10%
$150k–200k
28%
$200k–300k
19%
$300k–500k
15%
Over $500k
2%

Financials

Median HH Income$55,344 ▼ 27% below avg ↑ 18% since 2019
Median Home Value$185,400 ▼ 33% below avg ↑ 99% since 2019
Home/Income Ratio3.3x (nat avg ~3.5x)
Median Rent$478/mo ↓ 10% since 2019
Total Units1,131
Vacant Units173
Avg HH Size2.44

Income Distribution

Under $25k
25%
$25k–50k
17%
$50k–75k
24%
$75k–100k
2%
$100k–150k
26%
$150k–200k
6%
Over $200k
1%
Employment & Commute

How People Get to Work

Drove Alone
95%
Walked
0%
Work From Home
5%

Commute Time

Under 15 min
14%
15–30 min
33%
30–45 min
28%
Over 45 min
24%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
3%
1960s–1970s
17%
1980s–1990s
25%
2000+
54%

Summary

Total Units1,131
Vacant173
Owner Occupied89.4%
Renter Occupied10.7%
Avg HH Size2.44
Frequently Asked Questions
ZIP code 24174 is in Thaxton, VA, in Bedford County.
ZIP code 24174 is located in Virginia (VA).
ZIP code 24174 is in Bedford County, VA.
ZIP 24174 observes the New York timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 24174 is 2,335 people (ACS 2023).
The median household income in ZIP code 24174 is $55,344 (ACS 2023).
The median home value in ZIP 24174 is $185,400 (ACS 2023).
About ZIP Code 24174

ZIP code 24174 is located in Thaxton, Virginia, within Bedford County. With a population of 2,335, this is a sparsely populated ZIP code with a relatively young community — the median age is 34.9 years. Economically, 24174 is a solidly middle-class ZIP code: the median household income of $55,344 is below the national average.

Real estate in ZIP code 24174 represents an affordable housing market. The median home value of $185,400 is below the national average. Renters can expect to pay around $478 per month in median rent. Homeownership is strong here — 89.4% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 99% since 2019.

The population of 24174 is primarily White (92.85%). Residents are moderately educated — 25.9% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 16.3%. Household income has grown by 18% since 2019.

The unemployment rate in 24174 stands at 6.8%, which is above the national average. As in most parts of the country, driving alone is the dominant commute mode at 85%.

Overall, ZIP code 24174 in Thaxton, VA is characterized as solidly middle-class, moderately educated, a relatively young community, and predominantly owner-occupied. With 2,335 residents, a median household income of $55,344, and a median home value of $185,400, it offers a clear picture of life in this part of Virginia.