| ZIP Code | 24540 |
|---|---|
| City | Danville |
| State | Virginia (VA) |
| County | Danville (city) County |
| Area Code | 434 |
| Elevation | 622 ft |
| Latitude | 36.634508 |
|---|---|
| Longitude | -79.426758 |
| Timezone | New York (DST) |
| FIPS | 51590 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 44.2 yrs ↑ 2% since 2019 |
|---|---|
| Avg Household Size | 2.28 |
| Below Poverty | 19.9% ▲ 99% above avg |
| College Grads | 29.0% ▼ 25% below avg |
| Unemployment | 5.2% ≈ Avg |
| No HS Diploma | 217 (1.1%) |
| HS Graduate | 7,994 (39.7%) |
| Some College | 2,924 (14.5%) |
| Associates | 3,155 (15.7%) |
| Bachelors | 2,136 (10.6%) |
| Graduate Degree | 3,690 (18.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $47,207 ▼ 38% below avg ↑ 17% since 2019 |
|---|---|
| Median Home Value | $146,100 ▼ 48% below avg ↑ 36% since 2019 |
| Home/Income Ratio | 3.1x (nat avg ~3.5x) |
| Median Rent | $828/mo ↑ 16% since 2019 |
| Total Units | 15,792 |
| Vacant Units | 2,306 |
| Avg HH Size | 2.28 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 15,792 |
|---|---|
| Vacant | 2,306 |
| Owner Occupied | 61.4% |
| Renter Occupied | 38.7% |
| Avg HH Size | 2.28 |
ZIP code 24540 is located in Danville, Virginia, within Danville (city) County. With a population of 31,491, this is a moderately populated ZIP code with a middle-aged community — the median age is 44.2 years. Economically, 24540 is a working-class ZIP code: the median household income of $47,207 is below the national average.
Real estate in ZIP code 24540 represents one of the more affordable housing markets in the country. The median home value of $146,100 is below the national average. Renters can expect to pay around $828 per month in median rent. Homeownership is strong here — 61.4% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 36% since 2019.
The population of 24540 is majority White (50.13%). Residents are moderately educated — 29.0% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 19.9%. Household income has grown by 17% since 2019.
The unemployment rate in 24540 stands at 5.2%, which is near the national average. As in most parts of the country, driving alone is the dominant commute mode at 80%.
Overall, ZIP code 24540 in Danville, VA is characterized as working-class, moderately educated, a middle-aged community, and predominantly owner-occupied. With 31,491 residents, a median household income of $47,207, and a median home value of $146,100, it offers a clear picture of life in this part of Virginia.