Covington, VA · standard
ZIP Code 24426
Alleghany County, Virginia - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 14,329
- 17/sq mi
- $55,138
- Median income
- $115,500
- Median home value
- 11.3%
- Bachelor's or higher
The verdict
Covington pairs one of the lowest household incomes in the country with among the most affordable home values nationally, in a rural, homeowner-dominated area.
- 21th pct
- household income, US ZIPs
- 15th pct
- home value, US ZIPs
- 17
- people per sq mi
- 80%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 24426 against every reporting US ZIP.
ZIP code 24426 is a mid-sized community (a standard USPS delivery area) in Covington, Alleghany County, Virginia, home to 14,329 residents across 863.2 square miles, a density of 17 people per square mile, in the New York time zone.
ZIP 24426 reports a modest median household income of $55,138 (36% below the Virginia average), while per-capita income is $31,853. 15.2% of residents live below the poverty line, and the unemployment rate reads 2.2%. Housing costs here run $115,500 for a typical home value (65% below the state average), with rent averaging $793 a month; 79.6% of homes are owner-occupied.
Formal educational attainment runs low here: just 11.3% of adults hold a bachelor's degree or higher, the median age is 45.4, and the average commute is 21 minutes. A geography-based comparison follows: 1 ZIP codes within about 10 miles of 24426, plus 4 more within Alleghany County, give a clearer read than the national average alone.
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 24426
Top 5 sectors by establishment count in Covington, VA
Which industries have the most business establishments in ZIP 24426.
- Other services (except public administration)
Other services (except public administration)
55 establishments
- Retail trade
Retail trade
52 establishments
- Construction
Construction
31 establishments
- Accommodation and food services
Accommodation and food services
31 establishments
- Health care and social assistance 21
Health care and social assistance
21 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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 24426, Covington, 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
14,329
Population
863.2
Area (sq mi)
17
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 24426?
45.4
Median Age
46.8%
Male
53.2%
Female
2.2%
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?
$55,138
Median Household Income
-36% vs state
$31,853
Per Capita Income
15.2%
Poverty Rate
2.2%
Unemployment Rate
21.3 min
Mean Commute Time
How ZIP 24426 ranks nationally
Covington, VA household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$55,138 21st percentile higher than 21% 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?
7,246
Total Housing Units
6,063
Occupied Units
1,183
Vacant Units
2.26
Avg Household Size
Occupancy Type
$115,500
Median Home Value
-65% vs state
$793
Median Rent
1967
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+22.8%
YoY Change (2024)
218
HPI Index (2000 = 100)
+118%
Total Change Since 2000
Home values in ZIP 24426 have increased 22.8% over the past year (2024). Since 2000, this ZIP has seen +118% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +3.9% | 150 |
| 2021 | +5.9% | 159 |
| 2022 | +8.6% | 173 |
| 2023 | +2.8% | 177 |
| 2024 | +22.8% | 218 |
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 304 business establishments in ZIP 24426, employing approximately 4,237 people with a combined annual payroll of $252,503,000.
304
Businesses
4,237
Employees
$252.5M
Annual Payroll
15
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Other services (except public administration) | 55 | 18.1% |
| Retail trade | 52 | 17.1% |
| Construction | 31 | 10.2% |
| Accommodation and food services | 31 | 10.2% |
| Health care and social assistance | 21 | 6.9% |
| Professional, scientific, and technical services | 20 | 6.6% |
| Finance and insurance | 17 | 5.6% |
| Manufacturing | 14 | 4.6% |
| Real estate and rental and leasing | 12 | 4.0% |
| Transportation and warehousing | 10 | 3.3% |
| Arts, entertainment, and recreation | 10 | 3.3% |
| Wholesale trade | 9 | 3.0% |
| Administrative and support and waste management and remediation services | 8 | 2.6% |
| Information | 6 | 2.0% |
| Educational services | 5 | 1.6% |
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 24426 vs 24986 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 24986 | White Sulphur Springs, WV | 5,216 | 11.5 mi |
More ZIP Codes in Alleghany County
Related Areas
Frequently Asked Questions
What county is ZIP code 24426 in? ▼
What is the population of ZIP code 24426? ▼
What is the median household income in ZIP 24426? ▼
What is the average home value in ZIP 24426? ▼
What is the demographic makeup of ZIP 24426? ▼
How many businesses are in ZIP code 24426? ▼
What are the main industries in ZIP code 24426? ▼
How have home values changed in ZIP code 24426? ▼
What is the education level in ZIP code 24426? ▼
What is the average commute time in ZIP 24426? ▼
What percentage of residents own vs. rent in ZIP 24426? ▼
What is the poverty rate in ZIP code 24426? ▼
Read our methodology to see how this data is sourced, computed, and verified.