City

Iron Gate, VA

1 ZIP code  ·  Alleghany County  ·  Virginia

👥398Population
💰$61,875Median HH Income▼ 19% below avg
🎂41.7Median Age
🏠$83,900Median Home Value▼ 70% below avg
🎓34.2%College Grads▼ 12% below avg
📊19.2%Unemployment▲ 292% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 37.9% Female 62.1% ♀

Race & Ethnicity

White: 90%Hispanic: 0.8%Black: 6.5%Other: 2.8%Race
White90.0%
Hispanic0.8%
Black6.5%
Other2.8%

Age Breakdown

Under 5
3%
5–17
21%
18–24
3%
25–44
27%
45–64
22%
65+
11%

Key Indicators

Median Age41.7 yrs
Avg HH Size2.04
Below Poverty12.8% ▲ 28% above avg
College Grads34.2% ▼ 12% below avg
Unemployment19.2% ▲ 292% above avg
No HS Diploma2 (0.8%)
HS Graduate116 (47.2%)
Some College25 (10.2%)
Associates19 (7.7%)
Bachelors50 (20.3%)
Graduate Degree34 (13.8%)

Education

No HS: 0.8%HS Grad: 47.2%Some College: 10.2%Associates: 7.7%Bachelors: 20.3%Graduate: 13.8%Edu
No HS0.8%
HS Grad47.2%
Some College10.2%
Associates7.7%
Bachelors20.3%
Graduate13.8%
Housing & Income

Housing Tenure

Owner: 91.8%Renter: 8.2%Tenure
Owner91.8%
Renter8.2%

Home Value Distribution

Under $50k
13%
$50k–$100k
56%
$100k–$150k
17%
$150k–$200k
8%
$200k–$300k
4%
$300k–$500k
1%
Over $500k
1%

Financials

Median HH Income$61,875 ▼ 19% below avg
Median Home Value$83,900 ▼ 70% below avg
Home/Income Ratio1.4x (nat avg ~3.5x)
Total Housing Units235
Vacant Units40

Income Distribution

Under $25k
29%
$25k–$50k
18%
$50k–$75k
8%
$75k–$100k
5%
$100k–$150k
39%
Over $200k
1%
Employment & Commute

How People Get to Work

Drove Alone
100%

Commute Time

Under 15 min
31%
15–30 min
25%
30–45 min
21%
Over 45 min
22%
Housing Stock

Year Built

Before 1940
7%
1940s–1950s
11%
1960s–1970s
18%
1980s–1990s
6%
2000+
58%
About Iron Gate, VA

Iron Gate is a city in Virginia, located in Alleghany County. The city spans 1 ZIP code and is home to approximately 398 residents. It is a middle-aged city, with a median age of 41.7 years.

Economically, Iron Gate is a solidly middle-class community. The median household income of $61,875 is below the national average. Approximately 12.8% of residents live below the poverty line. The unemployment rate is 19.2%, more than double the national average.

The real estate market in Iron Gate is one of the more affordable housing markets in the country. Median home values stand at $83,900, which is well below the national average. Homeownership is high at 91.8%, typical of suburban and family-oriented communities.

The population of Iron Gate is moderately educated. 34.2% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (89.95%).

Iron Gate, VA offers residents a cost-conscious lifestyle within Virginia.

ZIP Codes in Iron Gate
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
24448 398 $61,875 $83,900 19.2% 34.2% 91.8%