City

Thaxton, VA

1 ZIP code  ·  Bedford County  ·  Virginia

👥2,335Population
💰$55,344Median HH Income▼ 27% below avg
🎂34.9Median Age
🏠$185,400Median Home Value▼ 33% below avg
🎓25.9%College Grads▼ 33% below avg
📊6.8%Unemployment▲ 40% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 49.6% Female 50.4% ♀

Race & Ethnicity

White: 92.9%Hispanic: 0.2%Asian: 3.6%Other: 3%Race
White92.9%
Hispanic0.2%
Asian3.6%
Other3.0%

Age Breakdown

Under 5
4%
5–17
15%
18–24
8%
25–44
38%
45–64
20%
65+
8%

Key Indicators

Median Age34.9 yrs
Avg HH Size2.44
Below Poverty16.3% ▲ 63% above avg
College Grads25.9% ▼ 33% below avg
Unemployment6.8% ▲ 40% above avg
HS Graduate758 (48.6%)
Some College266 (17.1%)
Associates132 (8.5%)
Bachelors170 (10.9%)
Graduate Degree233 (14.9%)

Education

HS Grad: 48.6%Some College: 17.1%Associates: 8.5%Bachelors: 10.9%Graduate: 14.9%Edu
HS Grad48.6%
Some College17.1%
Associates8.5%
Bachelors10.9%
Graduate14.9%
Housing & Income

Housing Tenure

Owner: 89.4%Renter: 10.7%Tenure
Owner89.4%
Renter10.7%

Home Value Distribution

Under $50k
18%
$50k–$100k
8%
$100k–$150k
10%
$150k–$200k
28%
$200k–$300k
19%
$300k–$500k
15%
Over $500k
2%

Financials

Median HH Income$55,344 ▼ 27% below avg
Median Home Value$185,400 ▼ 33% below avg
Home/Income Ratio3.3x (nat avg ~3.5x)
Median Rent$478/mo
Total Housing Units1,131
Vacant Units173

Income Distribution

Under $25k
25%
$25k–$50k
17%
$50k–$75k
24%
$75k–$100k
2%
$100k–$150k
26%
$150k–$200k
6%
Over $200k
1%
Employment & Commute

How People Get to Work

Drove Alone
95%
Walked
0%
Work From Home
5%

Commute Time

Under 15 min
14%
15–30 min
33%
30–45 min
28%
Over 45 min
24%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
3%
1960s–1970s
17%
1980s–1990s
25%
2000+
54%
About Thaxton, VA

Thaxton is a city in Virginia, located in Bedford County. The city spans 1 ZIP code and is home to approximately 2,335 residents. It is a relatively young city, with a median age of 34.9 years.

Economically, Thaxton is a solidly middle-class community. The median household income of $55,344 is below the national average. Approximately 16.3% of residents live below the poverty line. The unemployment rate is 6.8%, above the national average.

The real estate market in Thaxton is an affordable housing market. Median home values stand at $185,400, which is below the national average. Renters typically pay around $478 per month. Homeownership is high at 89.4%, typical of suburban and family-oriented communities.

The population of Thaxton is moderately educated. 25.9% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (92.85%).

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

ZIP Codes in Thaxton
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
24174 2,335 $55,344 $185,400 $478 6.8% 25.9% 89.4%