| ZIP Code | 24450 |
|---|---|
| City | Lexington |
| State | Virginia (VA) |
| County | Lexington (city) County |
| Area Code | 540/826 |
| Elevation | 1,381 ft |
| Latitude | 37.779751 |
|---|---|
| Longitude | -79.545136 |
| Timezone | New York (DST) |
| FIPS | 51678 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 37.2 yrs ↓ 9% since 2019 |
|---|---|
| Avg Household Size | 2.22 |
| Below Poverty | 7.4% ▼ 26% below avg |
| College Grads | 51.5% ▲ 33% above avg |
| Unemployment | 1.2% ▼ 76% below avg |
| No HS Diploma | 94 (1%) |
| HS Graduate | 2,004 (20.6%) |
| Some College | 1,132 (11.7%) |
| Associates | 1,476 (15.2%) |
| Bachelors | 730 (7.5%) |
| Graduate Degree | 4,271 (44%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $77,839 ≈ Avg ↑ 35% since 2019 |
|---|---|
| Median Home Value | $294,200 ≈ Avg ↑ 14% since 2019 |
| Home/Income Ratio | 3.8x (nat avg ~3.5x) |
| Median Rent | $1,017/mo ↑ 19% since 2019 |
| Total Units | 7,650 |
| Vacant Units | 1,274 |
| Avg HH Size | 2.22 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 7,650 |
|---|---|
| Vacant | 1,274 |
| Owner Occupied | 66.8% |
| Renter Occupied | 33.2% |
| Avg HH Size | 2.22 |
ZIP code 24450 is located in Lexington, Virginia, within Lexington (city) County. With a population of 17,760, this is a moderately populated ZIP code with a relatively young community — the median age is 37.2 years. Economically, 24450 is a middle-income ZIP code: the median household income of $77,839 is near the national average.
Real estate in ZIP code 24450 represents a mid-range housing market. The median home value of $294,200 is near the national average. Renters can expect to pay around $1,017 per month in median rent. Homeownership is strong here — 66.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 14% since 2019.
The population of 24450 is primarily White (85.96%). Residents are well-educated — 51.5% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 7.4%. Household income has grown by 35% since 2019.
The unemployment rate in 24450 stands at 1.2%, which is well below the national average. About 13% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 68%.
Overall, ZIP code 24450 in Lexington, VA is characterized as middle-income, well-educated, a relatively young community, and predominantly owner-occupied. With 17,760 residents, a median household income of $77,839, and a median home value of $294,200, it offers a clear picture of life in this part of Virginia.