ZIP Code 24088

ZIP code 24088 is classified by USPS as a standard delivery area and covers roughly 303.8 square miles in Ferrum, Franklin County, Virginia. The area is home to 5,408 residents, producing a population density of 18 people per square mile, and falls within the New York time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 24088 against Virginia and the nation.

On the economic side, the median household income for ZIP 24088 sits at $41,769 (51% below the Virginia average), while per-capita income is $24,489. The poverty rate stands at 22.1% and the unemployment rate at 3.1%. On housing, the median home value is $152,700 (54% below the state average) with median rent at $643 per month, and 77.9% of occupied units are owner-occupied, a direct signal of whether 24088 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 20.5% of adults hold a bachelor's degree or higher, the median age is 36.5, and the average commute is 34 minutes. We also surface 3 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Franklin County, so you can benchmark 24088 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →