| ZIP Code | 24614 |
|---|---|
| City | Grundy |
| State | Virginia (VA) |
| County | Buchanan County |
| Area Code | 276 |
| Elevation | 1,716 ft |
| Latitude | 37.31307 |
|---|---|
| Longitude | -82.088914 |
| Timezone | New York (DST) |
| FIPS | 51027 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 48.6 yrs ↑ 7% since 2019 |
|---|---|
| Avg Household Size | 2.48 |
| Below Poverty | 26.8% ▲ 168% above avg |
| College Grads | 22.7% ▼ 42% below avg |
| Unemployment | 2.7% ▼ 45% below avg |
| No HS Diploma | 87 (2%) |
| HS Graduate | 1,681 (38.2%) |
| Some College | 1,065 (24.2%) |
| Associates | 568 (12.9%) |
| Bachelors | 439 (10%) |
| Graduate Degree | 557 (12.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $40,000 ▼ 48% below avg ↑ 9% since 2019 |
|---|---|
| Median Home Value | $117,700 ▼ 58% below avg ↑ 38% since 2019 |
| Home/Income Ratio | 2.9x (nat avg ~3.5x) |
| Median Rent | $777/mo ↑ 20% since 2019 |
| Total Units | 3,680 |
| Vacant Units | 990 |
| Avg HH Size | 2.48 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 3,680 |
|---|---|
| Vacant | 990 |
| Owner Occupied | 85.3% |
| Renter Occupied | 14.7% |
| Avg HH Size | 2.48 |
ZIP code 24614 is located in Grundy, Virginia, within Buchanan County. With a population of 6,992, this is a lightly populated ZIP code with a mature community — the median age is 48.6 years. Economically, 24614 is a lower-income ZIP code: the median household income of $40,000 is below the national average.
Real estate in ZIP code 24614 represents one of the more affordable housing markets in the country. The median home value of $117,700 is well below the national average. Renters can expect to pay around $777 per month in median rent. Homeownership is strong here — 85.3% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 38% since 2019.
The population of 24614 is primarily White (97.47%). Residents are less-educated — 22.7% hold a bachelor's degree or higher, which is below the national average. Poverty affects a significant share of residents at 26.8%. Household income has grown by 9% since 2019.
The unemployment rate in 24614 stands at 2.7%, which is below the national average. As in most parts of the country, driving alone is the dominant commute mode at 79%.
Overall, ZIP code 24614 in Grundy, VA is characterized as lower-income, less-educated, a mature community, and predominantly owner-occupied. With 6,992 residents, a median household income of $40,000, and a median home value of $117,700, it offers a clear picture of life in this part of Virginia.