| ZIP Code | 24501 |
|---|---|
| City | Lynchburg |
| State | Virginia (VA) |
| County | Lynchburg (city) County |
| Area Code | 434 |
| Elevation | 1,090 ft |
| Latitude | 37.359852 |
|---|---|
| Longitude | -79.141541 |
| Timezone | New York (DST) |
| FIPS | 51680 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 29.8 yrs ↑ 2% since 2019 |
|---|---|
| Avg Household Size | 2.38 |
| Below Poverty | 18.4% ▲ 84% above avg |
| College Grads | 36.3% ≈ Avg |
| Unemployment | 6.6% ▲ 35% above avg |
| No HS Diploma | 149 (1.1%) |
| HS Graduate | 4,433 (32.2%) |
| Some College | 2,095 (15.2%) |
| Associates | 2,097 (15.2%) |
| Bachelors | 1,166 (8.5%) |
| Graduate Degree | 3,824 (27.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $45,305 ▼ 41% below avg ↑ 19% since 2019 |
|---|---|
| Median Home Value | $155,800 ▼ 44% below avg ↑ 32% since 2019 |
| Home/Income Ratio | 3.4x (nat avg ~3.5x) |
| Median Rent | $936/mo ↑ 23% since 2019 |
| Total Units | 12,157 |
| Vacant Units | 2,171 |
| Avg HH Size | 2.38 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 12,157 |
|---|---|
| Vacant | 2,171 |
| Owner Occupied | 45.5% |
| Renter Occupied | 54.5% |
| Avg HH Size | 2.38 |
ZIP code 24501 is located in Lynchburg, Virginia, within Lynchburg (city) County. With a population of 26,393, this is a moderately populated ZIP code with a young community — the median age is 29.8 years. Economically, 24501 is a working-class ZIP code: the median household income of $45,305 is below the national average.
Real estate in ZIP code 24501 represents an affordable housing market. The median home value of $155,800 is below the national average. Renters can expect to pay around $936 per month in median rent. The area has a relatively balanced mix of owners (45.5%) and renters (54.5%). Median home values have increased by 32% since 2019.
The population of 24501 is majority White (57.71%). Residents are moderately educated — 36.3% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 18.4%. Household income has grown by 19% since 2019.
The unemployment rate in 24501 stands at 6.6%, which is above the national average. As in most parts of the country, driving alone is the dominant commute mode at 67%.
Overall, ZIP code 24501 in Lynchburg, VA is characterized as working-class, moderately educated, and a young community. With 26,393 residents, a median household income of $45,305, and a median home value of $155,800, it offers a clear picture of life in this part of Virginia.