| ZIP Code | 24374 |
|---|---|
| City | Speedwell |
| State | Virginia (VA) |
| County | Wythe County |
| Area Code | 276 |
| Elevation | 3,024 ft |
| Latitude | 36.783782 |
|---|---|
| Longitude | -81.22036 |
| Timezone | New York (DST) |
| FIPS | 51197 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 62.4 yrs ↑ 13% since 2019 |
|---|---|
| Avg Household Size | 1.80 |
| Below Poverty | 16.7% ▲ 67% above avg |
| College Grads | 21.8% ▼ 44% below avg |
| Unemployment | 0.0% ▼ 100% below avg |
| HS Graduate | 176 (41.3%) |
| Some College | 80 (18.8%) |
| Associates | 77 (18.1%) |
| Bachelors | 7 (1.6%) |
| Graduate Degree | 86 (20.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $42,938 ▼ 44% below avg ↑ 16% since 2019 |
|---|---|
| Median Home Value | $91,300 ▼ 67% below avg ↑ 11% since 2019 |
| Home/Income Ratio | 2.1x (nat avg ~3.5x) |
| Median Rent | $997/mo ↑ 21% since 2019 |
| Total Units | 359 |
| Vacant Units | 74 |
| Avg HH Size | 1.80 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 359 |
|---|---|
| Vacant | 74 |
| Owner Occupied | 80.0% |
| Renter Occupied | 20.0% |
| Avg HH Size | 1.80 |
ZIP code 24374 is located in Speedwell, Virginia, within Wythe County. With a population of 514, this is a sparsely populated ZIP code with an older community — the median age is 62.4 years. Economically, 24374 is a working-class ZIP code: the median household income of $42,938 is below the national average.
Real estate in ZIP code 24374 represents one of the more affordable housing markets in the country. The median home value of $91,300 is well below the national average. Renters can expect to pay around $997 per month in median rent. Homeownership is strong here — 80.0% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 11% since 2019.
The population of 24374 is primarily White (94.94%). Residents are less-educated — 21.8% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 16.7%. Household income has grown by 16% since 2019.
About 14% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 76%.
Overall, ZIP code 24374 in Speedwell, VA is characterized as working-class, less-educated, an older community, and predominantly owner-occupied. With 514 residents, a median household income of $42,938, and a median home value of $91,300, it offers a clear picture of life in this part of Virginia.