Independence, VA · standard
ZIP Code 24348
Grayson County, Virginia — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 3,958
- 14/sq mi
- $44,829
- Median income
- $155,500
- Median home value
- 15.5%
- Bachelor's or higher
The verdict
Independence pairs one of the lowest household incomes in the country with below-median home values, in a rural, homeowner-dominated area.
- 9th pct
- household income, US ZIPs
- 27th pct
- home value, US ZIPs
- 14
- people per sq mi
- 76%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 24348 against every reporting US ZIP.
ZIP code 24348 is classified by USPS as a standard delivery area and covers roughly 274.9 square miles in Independence, Grayson County, Virginia. The area is home to 3,958 residents, producing a population density of 14 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 24348 against Virginia and the nation.
On the economic side, the median household income for ZIP 24348 sits at $44,829 (48% below the Virginia average), while per-capita income is $24,567. The poverty rate stands at 17.9% and the unemployment rate at 2.1%. On housing, the median home value is $155,500 (54% below the state average) with median rent at $612 per month, and 75.7% of occupied units are owner-occupied, a direct signal of whether 24348 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 15.5% of adults hold a bachelor's degree or higher, the median age is 47.7, and the average commute is 23 minutes. We also surface 4 nearby ZIP codes within roughly 10 miles and 5 additional ZIPs sharing Grayson County, so you can benchmark 24348 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 →
Top industries in ZIP 24348
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 24348.
- Manufacturing
Manufacturing
10 establishments
- Retail trade
Retail trade
10 establishments
- Accommodation and food services
Accommodation and food services
9 establishments
- Finance and insurance
Finance and insurance
8 establishments
- Health care and social assistance
Health care and social assistance
6 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 24348, Independence, VA · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.
Quick Facts
3,958
Population
274.9
Area (sq mi)
14
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 24348?
47.7
Median Age
54.9%
Male
45.1%
Female
1.2%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$44,829
Median Household Income
-48% vs state
$24,567
Per Capita Income
17.9%
Poverty Rate
2.1%
Unemployment Rate
22.5 min
Mean Commute Time
How ZIP 24348 ranks nationally
Household income vs. every US ZIP code
Median household income — the full national distribution, with this ZIP marked
$44,829 9th percentile higher than 9% of 30,318 US ZIPs
Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau — ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
2,417
Total Housing Units
1,777
Occupied Units
640
Vacant Units
2.17
Avg Household Size
Occupancy Type
$155,500
Median Home Value
-54% vs state
$612
Median Rent
1975
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What businesses operate in this ZIP?
Census Bureau data shows 75 business establishments in ZIP 24348, employing approximately 1,035 people with a combined annual payroll of $44,725,000.
75
Businesses
1,035
Employees
$44.7M
Annual Payroll
11
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Manufacturing | 10 | 13.3% |
| Retail trade | 10 | 13.3% |
| Accommodation and food services | 9 | 12.0% |
| Finance and insurance | 8 | 10.7% |
| Health care and social assistance | 6 | 8.0% |
| Other services (except public administration) | 6 | 8.0% |
| Construction | 5 | 6.7% |
| Real estate and rental and leasing | 4 | 5.3% |
| Professional, scientific, and technical services | 4 | 5.3% |
| Wholesale trade | 3 | 4.0% |
| Transportation and warehousing | 3 | 4.0% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 24348 vs 24326 →
ZIP 24348 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 28675
Sparta (28675)
6,621 residents
- 24348
Independence (24348)
3,958 residents
- 24326 1,058
Elk Creek (24326)
1,058 residents
- 24374 787
Speedwell (24374)
787 residents
- 28663 614
Piney Creek (28663)
614 residents
What this shows Among its immediate neighbors, ZIP 24348 ranks #2 by population — useful context the national average alone can't give.
ZIP 24348 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 28663
Piney Creek (28663)
$80,457 median income
- 24348
Independence (24348)
$44,829 median income
- 28675
Sparta (28675)
$44,560 median income
- 24326
Elk Creek (24326)
$42,400 median income
What this shows By household income, ZIP 24348 ranks #2 of 4 neighboring ZIPs — local affluence varies block to block, not just metro to metro.
More ZIP Codes in Grayson County
Related Areas
Frequently Asked Questions
What county is ZIP code 24348 in? ▼
What is the population of ZIP code 24348? ▼
What is the median household income in ZIP 24348? ▼
What is the average home value in ZIP 24348? ▼
What is the demographic makeup of ZIP 24348? ▼
How many businesses are in ZIP code 24348? ▼
What are the main industries in ZIP code 24348? ▼
What is the education level in ZIP code 24348? ▼
What is the average commute time in ZIP 24348? ▼
What percentage of residents own vs. rent in ZIP 24348? ▼
What is the poverty rate in ZIP code 24348? ▼
ZIP Code Research Guides
Official Data Resources for Independence, VA
Verify and explore additional data for this area using these official government sources.
Read our methodology to see how this data is sourced, computed, and verified.