| ZIP Code | 24465 |
|---|---|
| City | Monterey |
| State | Virginia (VA) |
| County | Highland County |
| Area Code | 540/826 |
| Elevation | 2,785 ft |
| Latitude | 38.397583 |
|---|---|
| Longitude | -79.64689 |
| Timezone | New York (DST) |
| FIPS | 51091 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 57.2 yrs ↓ 11% since 2019 |
|---|---|
| Avg Household Size | 2.28 |
| Below Poverty | 16.6% ▲ 66% above avg |
| College Grads | 48.9% ▲ 26% above avg |
| Unemployment | 21.1% ▲ 332% above avg |
| No HS Diploma | 13 (1.5%) |
| HS Graduate | 266 (31.2%) |
| Some College | 111 (13%) |
| Associates | 46 (5.4%) |
| Bachelors | 47 (5.5%) |
| Graduate Degree | 370 (43.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $65,500 ▼ 14% below avg ↑ 21% since 2019 |
|---|---|
| Median Home Value | $209,300 ▼ 25% below avg ↑ 4% since 2019 |
| Home/Income Ratio | 3.2x (nat avg ~3.5x) |
| Median Rent | $863/mo ↑ 48% since 2019 |
| Total Units | 1,050 |
| Vacant Units | 486 |
| Avg HH Size | 2.28 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,050 |
|---|---|
| Vacant | 486 |
| Owner Occupied | 82.8% |
| Renter Occupied | 17.2% |
| Avg HH Size | 2.28 |
ZIP code 24465 is located in Monterey, Virginia, within Highland County. With a population of 1,287, this is a sparsely populated ZIP code with an older community — the median age is 57.2 years. Economically, 24465 is a solidly middle-class ZIP code: the median household income of $65,500 is near the national average.
Real estate in ZIP code 24465 represents an affordable housing market. The median home value of $209,300 is below the national average. Renters can expect to pay around $863 per month in median rent. Homeownership is strong here — 82.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 4% since 2019.
The population of 24465 is primarily White (92.15%). Residents are well-educated — 48.9% hold a bachelor's degree or higher, which is above the national average. Poverty affects some residents at 16.6%. Household income has grown by 21% since 2019.
The unemployment rate in 24465 stands at 21.1%, which is more than double the national average. A notably high share of workers — 27% — work from home, reflecting the professional makeup of the area. As in most parts of the country, driving alone is the dominant commute mode at 63%.
Overall, ZIP code 24465 in Monterey, VA is characterized as solidly middle-class, well-educated, an older community, and predominantly owner-occupied. With 1,287 residents, a median household income of $65,500, and a median home value of $209,300, it offers a clear picture of life in this part of Virginia.