Marion, VA · standard

ZIP Code 24354

Smyth County, Virginia - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

15,315
56/sq mi Moderate-density area
$44,502
Median income Below-median income area
$158,100
Median home value Below-median home value
18.9%
Bachelor's or higher Near-average bachelor's attainment

National ZIP placement

Marion 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
29th pct
home value, US ZIPs
56
people per sq mi
65%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 24354 against every reporting US ZIP.

FHFA HPI release change

What changed in the latest House Price Index year

2023 -> 2024
  • FHFA House Price Index values in ZIP 24354 (Marion, VA) rose +7.1% from 2023 to 2024. The all-transactions index moved from 211.6 in 2023 to 226.6 in 2024 (2000 = 100).

Arithmetic difference between stored FHFA all-transactions ZIP House Price Index annual values - a developmental index from repeat sales and appraisals, not a transaction median, appraisal opinion, or forecast. Thin markets can move sharply.

National HPI changes Year-pair CSV

ZIP code 24354 is a mid-sized community (a standard USPS delivery area) in Marion, Smyth County, Virginia, home to 15,315 residents across 275.0 square miles, a density of 56 people per square mile, in the New York time zone.

ZIP 24354 reports a modest median household income of $44,502 (48% below the average Virginia ZIP), while per-capita income is $34,316. The poverty rate is 19.0%, with unemployment at 3.4%; those measures add context to the income figure. Home values sit below the statewide ZIP benchmark: the median is $158,100 (53% below the average Virginia ZIP), and median rent is $712; owner occupancy is 65.0%.

Educational attainment sits below the national norm: 18.9% of adults hold a bachelor's degree or higher, the median age is 47.9, and the average commute is 20 minutes. The page also surfaces 5 ZIP codes within roughly 10 miles and 4 more in Smyth County, so 24354 can be compared with both its immediate and county-level context.

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 →

View your shortlist → Compare ZIPs →

Top industries in ZIP 24354

Top 5 sectors by establishment count in Marion, VA

Which industries have the most business establishments in ZIP 24354.

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 24354, Marion, 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

15,315

Population

275.0

Area (sq mi)

56

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 24354?

47.9

Median Age

50.2%

Male

49.8%

Female

1.1%

Foreign-Born

White 92.9%
African American 3.5%
Asian 0.0%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.1%
Two or More Ethnicities 3.1%
Hispanic or Latino 2.0%

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?

$44,502

Median Household Income

-48% vs state ZIP avg

$34,316

Per Capita Income

19.0%

Poverty Rate

3.4%

Unemployment Rate

20.3 min

Mean Commute Time

How ZIP 24354 ranks among Virginia ZIPs

Marion, VA household income vs. every Virginia ZIP code

Median household income among 804 reporting Virginia ZIPs (this ZIP's population is too small for a reliable national-corpus placement)

$44,502 8th percentile higher than 8% of 804 Virginia ZIPs

This ZIP $0 $200K+ every Virginia ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more Virginia 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 54.6%
Bachelor's Degree or Higher 18.9%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

7,033

Total Housing Units

5,953

Occupied Units

1,080

Vacant Units

2.09

Avg Household Size

Occupancy Type

Owner 65.0%
Renter 35.0%

$158,100

Median Home Value

-53% vs state ZIP avg

$712

Median Rent

1971

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+7.1%

YoY Change (2024)

227

HPI Index (2000 = 100)

+127%

Total Change Since 2000

Home values in ZIP 24354 have increased 7.1% over the past year (2024). Since 2000, this ZIP has seen +127% cumulative appreciation.

Year Annual Change HPI Index
2020 +5.9% 159
2021 +4.1% 165
2022 +23.2% 204
2023 +3.9% 212
2024 +7.1% 227

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 293 business establishments in ZIP 24354, employing approximately 4,339 people with a combined annual payroll of $207,579,000.

293

Businesses

4,339

Employees

$207.6M

Annual Payroll

14

Industry Sectors

Industry Establishments % of Total
Retail trade 66 22.5%
Health care and social assistance 43 14.7%
Other services (except public administration) 37 12.6%
Accommodation and food services 36 12.3%
Professional, scientific, and technical services 24 8.2%
Finance and insurance 20 6.8%
Construction 14 4.8%
Transportation and warehousing 12 4.1%
Manufacturing 8 2.7%
Administrative and support and waste management and remediation services 8 2.7%
Wholesale trade 7 2.4%
Information 7 2.4%
Real estate and rental and leasing 4 1.4%
Arts, entertainment, and recreation 4 1.4%

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 24354 vs 24319 →

ZIP 24354 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 24354 ranks the most populous - useful context the national average alone can't give.

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

ZIP 24354 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 24354 ranks #5 of 5 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
24319 Chilhowie, VA 6,979 7.9 mi
24311 Atkins, VA 1,977 8.3 mi
24370 Saltville, VA 6,572 10.2 mi
24378 Troutdale, VA 1,229 11.1 mi
24316 Broadford, VA 50 11.4 mi

Nationwide ZIPs with similar ACS profiles

Two Census-derived peer sets for ZIP 24354, both outside VA so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).

Similar population

Nearest cross-state ZIPs by resident population (15,315 here; floor ≥1,000).

Similar median household income

Nearest cross-state ZIPs by ACS median household income.

More ZIP Codes in Smyth County

Frequently Asked Questions

What county is ZIP code 24354 in?

ZIP code 24354 (Marion) is located in Smyth County, Virginia. Smyth County contains multiple ZIP codes, see the full list at /counties/smyth-va.

What is the population of ZIP code 24354?

ZIP code 24354 in Marion, VA has a population of 15,315 according to the Census Bureau ACS 2023 estimates.

What is the median household income in ZIP 24354?

The median household income in ZIP 24354 is $44,502, which is 42% below the national average of $76,288.

What is the average home value in ZIP 24354?

The median home value in ZIP 24354 is $158,100, which is 43% below the national average of $278,155.

What is the demographic makeup of ZIP 24354?

The largest racial group in ZIP 24354 is White at 92.9%. Hispanic or Latino residents make up 2.0% of the population.

How many businesses are in ZIP code 24354?

ZIP code 24354 has 293 business establishments employing approximately 4,339 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.

What are the main industries in ZIP code 24354?

The top industries by establishment count in ZIP 24354 are: Retail trade (66), Health care and social assistance (43), Other services (except public administration) (37). There are 14 industry sectors represented in total.

How have home values changed in ZIP code 24354?

According to the FHFA House Price Index, home values in ZIP 24354 increased by 7.1% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 127%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.

What is the education level in ZIP code 24354?

In ZIP code 24354, 54.6% of residents aged 25+ have a high school diploma or higher, and 18.9% 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 24354?

The mean commute time for workers in ZIP code 24354 is 20.3 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 24354?

In ZIP code 24354, approximately 65.0% of occupied housing units are owner-occupied and 35.0% are renter-occupied, based on Census ACS 2023 data.

What is the poverty rate in ZIP code 24354?

The poverty rate in ZIP code 24354 is 19.0% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP 24354's figures come from ACS 5-Year Estimates, Census ZIP Code Business Patterns, and the FHFA House Price Index. See our methodology for details.

Related

Compare this ZIP with another

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

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What to do with ZIP 24354's numbers, next.

ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.