Lexington, VA · standard

ZIP Code 24450

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

16,741
31/sq mi
$76,587
Median income
$305,100
Median home value
44.5%
Bachelor's or higher

The verdict

Lexington pairs an above-median household income with above-median home values, in a rural, homeowner-dominated area.

Top 43%
household income, US ZIPs
Top 33%
home value, US ZIPs
31
people per sq mi
68%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 24450 against every reporting US ZIP.

ZIP code 24450 is classified by USPS as a standard delivery area and covers roughly 533.2 square miles in Lexington, Rockbridge County, Virginia. The area is home to 16,741 residents, producing a population density of 31 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 24450 against Virginia and the nation.

On the economic side, the median household income for ZIP 24450 sits at $76,587 (11% below the Virginia average), while per-capita income is $38,542. The poverty rate stands at 6.9% and the unemployment rate at 1.8%. On housing, the median home value is $305,100 (9% below the state average) with median rent at $1,060 per month, and 68.3% of occupied units are owner-occupied, a direct signal of whether 24450 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 44.5% of adults hold a bachelor's degree or higher, the median age is 39, and the average commute is 20 minutes. We also surface 3 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Rockbridge County, so you can benchmark 24450 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 24450

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 24450.

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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 24450, Lexington, 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

16,741

Population

533.2

Area (sq mi)

31

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 24450?

39.0

Median Age

51.2%

Male

48.8%

Female

4.6%

Foreign-Born

White 87.3%
African American 4.1%
Asian 2.3%
American Indian or Alaska Native 0.4%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 5.2%
Hispanic or Latino 4.1%

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?

$76,587

Median Household Income

-11% vs state

$38,542

Per Capita Income

6.9%

Poverty Rate

1.8%

Unemployment Rate

20.4 min

Mean Commute Time

How ZIP 24450 ranks nationally

Household income vs. every US ZIP code

Median household income — the full national distribution, with this ZIP marked

$76,587 Top 43% higher than 57% 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%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). This entry sits in this band. $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 68.3%
Bachelor's Degree or Higher 44.5%

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

What does housing look like?

7,778

Total Housing Units

6,482

Occupied Units

1,296

Vacant Units

2.17

Avg Household Size

Occupancy Type

Owner 68.3%
Renter 31.7%

$305,100

Median Home Value

-9% vs state

$1,060

Median Rent

1976

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

+12.6%

YoY Change (2024)

205

HPI Index (2000 = 100)

+105%

Total Change Since 2000

Home values in ZIP 24450 have increased 12.6% over the past year (2024). Since 2000, this ZIP has seen +105% cumulative appreciation.

Year Annual Change HPI Index
2020 +1.7% 146
2021 +5.6% 154
2022 +15.0% 177
2023 +2.8% 182
2024 +12.6% 205

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 499 business establishments in ZIP 24450, employing approximately 7,510 people with a combined annual payroll of $302,706,000.

499

Businesses

7,510

Employees

$302.7M

Annual Payroll

15

Industry Sectors

Industry Establishments % of Total
Accommodation and food services 86 17.2%
Other services (except public administration) 77 15.4%
Retail trade 71 14.2%
Health care and social assistance 63 12.6%
Professional, scientific, and technical services 43 8.6%
Construction 36 7.2%
Finance and insurance 30 6.0%
Real estate and rental and leasing 16 3.2%
Administrative and support and waste management and remediation services 16 3.2%
Manufacturing 14 2.8%
Information 11 2.2%
Transportation and warehousing 10 2.0%
Wholesale trade 8 1.6%
Educational services 8 1.6%
Arts, entertainment, and recreation 7 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 24450 vs 24578 →

ZIP 24450 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 24450 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 24450 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 24450 ranks the highest 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
24578 Natural Bridge, VA 1,056 8.8 mi
24555 Glasgow, VA 2,140 8.6 mi
24473 Rockbridge Baths, VA 922 10.9 mi

More ZIP Codes in Rockbridge County

Frequently Asked Questions

What county is ZIP code 24450 in?
ZIP code 24450 (Lexington) is located in Rockbridge County, Virginia. Rockbridge County contains multiple ZIP codes, see the full list at /counties/rockbridge-va.
What is the population of ZIP code 24450?
ZIP code 24450 in Lexington, VA has a population of 16,741 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 24450?
The median household income in ZIP 24450 is $76,587, which is 0% above the national average of $76,288.
What is the average home value in ZIP 24450?
The median home value in ZIP 24450 is $305,100, which is 10% above the national average of $278,155.
What is the demographic makeup of ZIP 24450?
The largest racial group in ZIP 24450 is White at 87.3%. Hispanic or Latino residents make up 4.1% of the population.
How many businesses are in ZIP code 24450?
ZIP code 24450 has 499 business establishments employing approximately 7,510 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 24450?
The top industries by establishment count in ZIP 24450 are: Accommodation and food services (86), Other services (except public administration) (77), Retail trade (71). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 24450?
According to the FHFA House Price Index, home values in ZIP 24450 increased by 12.6% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 105%. 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 24450?
In ZIP code 24450, 68.3% of residents aged 25+ have a high school diploma or higher, and 44.5% 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 24450?
The mean commute time for workers in ZIP code 24450 is 20.4 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 24450?
In ZIP code 24450, approximately 68.3% of occupied housing units are owner-occupied and 31.7% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 24450?
The poverty rate in ZIP code 24450 is 6.9% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Lexington, VA

Verify and explore additional data for this area using these official government sources.