PlainZIP

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 covers 274.9 square miles in Independence, Grayson County, Virginia (a standard USPS delivery area), with a modest 3,958 residents on file, a density of 14 people per square mile, in the New York time zone.

ZIP 24348 reports a modest median household income of $44,829 (48% below the Virginia average), while per-capita income is $24,567. 17.9% of residents live below the poverty line, and the unemployment rate reads 2.1%. Median home value sits at $155,500 (54% below the state average), median rent at $612 a month, and owner-occupancy at 75.7%.

Educational attainment sits below the national norm: 15.5% of adults hold a bachelor's degree or higher, the median age is 47.7, and the average commute is 23 minutes. To put 24348 in local context, 4 ZIP codes within roughly 10 miles appear further down this page alongside 5 additional ZIPs in Grayson County, for a geography-aware comparison.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

Top industries in ZIP 24348

Top 5 sectors by establishment count in Independence, VA

Which industries have the most business establishments in ZIP 24348.

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 · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, 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; 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

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 24348?

47.7

Median Age

54.9%

Male

45.1%

Female

1.2%

Foreign-Born

White 76.8%
African American 14.2%
Asian 2.3%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 5.7%
Hispanic or Latino 4.2%

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

Independence, VA 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

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). This entry sits in this band. $60,000–$80,000: 9,980 US ZIPs (33%). Above this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

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?

High School Graduate or Higher 58.2%
Bachelor's Degree or Higher 15.5%

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

Owner 75.7%
Renter 24.3%

$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.

residents

What this shows Among its immediate neighbors, ZIP 24348 ranks #2 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 24348 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

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.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
24326 Elk Creek, VA 1,058 6.4 mi
24374 Speedwell, VA 787 10.4 mi
28675 Sparta, NC 6,621 9.7 mi
28663 Piney Creek, NC 614 10.2 mi

More ZIP Codes in Grayson County

24330 standard
Fries, VA
Pop: 3,401
24363 standard
Mouth Of Wilson, VA
Pop: 1,365
24378 standard
Troutdale, VA
Pop: 1,229
24326 standard
Elk Creek, VA
Pop: 1,058
24292 standard
Whitetop, VA
Pop: 535

Related Areas

Grayson County Independence, VA Virginia

Frequently Asked Questions

What county is ZIP code 24348 in? ▼
ZIP code 24348 (Independence) is located in Grayson County, Virginia. Grayson County contains multiple ZIP codes, see the full list at /counties/grayson-va.
What is the population of ZIP code 24348? ▼
ZIP code 24348 in Independence, VA has a population of 3,958 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 24348? ▼
The median household income in ZIP 24348 is $44,829, which is 41% below the national average of $76,288.
What is the average home value in ZIP 24348? ▼
The median home value in ZIP 24348 is $155,500, which is 44% below the national average of $278,155.
What is the demographic makeup of ZIP 24348? ▼
The largest racial group in ZIP 24348 is White at 76.8%. Hispanic or Latino residents make up 4.2% of the population.
How many businesses are in ZIP code 24348? ▼
ZIP code 24348 has 75 business establishments employing approximately 1,035 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 24348? ▼
The top industries by establishment count in ZIP 24348 are: Manufacturing (10), Retail trade (10), Accommodation and food services (9). There are 11 industry sectors represented in total.
What is the education level in ZIP code 24348? ▼
In ZIP code 24348, 58.2% of residents aged 25+ have a high school diploma or higher, and 15.5% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 24348? ▼
The mean commute time for workers in ZIP code 24348 is 22.5 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 24348? ▼
In ZIP code 24348, approximately 75.7% of occupied housing units are owner-occupied and 24.3% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 24348? ▼
The poverty rate in ZIP code 24348 is 17.9% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.