| ZIP Code | 24574 |
|---|---|
| City | Monroe |
| State | Virginia (VA) |
| County | Amherst County |
| Area Code | 434 |
| Elevation | 773 ft |
| Latitude | 37.576927 |
|---|---|
| Longitude | -79.245595 |
| Timezone | New York (DST) |
| FIPS | 51009 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 46.1 yrs |
|---|---|
| Avg Household Size | 2.64 |
| Below Poverty | 12.3% ▲ 23% above avg |
| College Grads | 39.8% ≈ Avg |
| Unemployment | 0.1% ▼ 99% below avg |
| No HS Diploma | 33 (1.2%) |
| HS Graduate | 989 (35.5%) |
| Some College | 315 (11.3%) |
| Associates | 342 (12.3%) |
| Bachelors | 287 (10.3%) |
| Graduate Degree | 823 (29.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $65,898 ▼ 14% below avg ↑ 9% since 2019 |
|---|---|
| Median Home Value | $219,300 ▼ 21% below avg ↑ 35% since 2019 |
| Home/Income Ratio | 3.3x (nat avg ~3.5x) |
| Median Rent | $950/mo ↑ 17% since 2019 |
| Total Units | 1,721 |
| Vacant Units | 252 |
| Avg HH Size | 2.64 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,721 |
|---|---|
| Vacant | 252 |
| Owner Occupied | 86.3% |
| Renter Occupied | 13.7% |
| Avg HH Size | 2.64 |
ZIP code 24574 is located in Monroe, Virginia, within Amherst County. With a population of 4,071, this is a lightly populated ZIP code with a mature community — the median age is 46.1 years. Economically, 24574 is a solidly middle-class ZIP code: the median household income of $65,898 is near the national average.
Real estate in ZIP code 24574 represents an affordable housing market. The median home value of $219,300 is below the national average. Renters can expect to pay around $950 per month in median rent. Homeownership is strong here — 86.3% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 35% since 2019.
The population of 24574 is primarily White (76.54%). Residents are moderately educated — 39.8% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 12.3%. Household income has grown by 9% since 2019.
The unemployment rate in 24574 stands at 0.1%, which is well below the national average. As in most parts of the country, driving alone is the dominant commute mode at 76%.
Overall, ZIP code 24574 in Monroe, VA is characterized as solidly middle-class, moderately educated, a mature community, and predominantly owner-occupied. With 4,071 residents, a median household income of $65,898, and a median home value of $219,300, it offers a clear picture of life in this part of Virginia.