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 Moderate-density area
- $76,587
- Median income Near-median income area
- $305,100
- Median home value Above-median home value
- 44.5%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
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.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 24450 (Lexington, VA) rose +12.6% from 2023 to 2024. The all-transactions index moved from 182.0 in 2023 to 204.8 in 2024 (2000 = 100).
ZIP code 24450 is a mid-sized community (a standard USPS delivery area) in Lexington, Rockbridge County, Virginia, home to 16,741 residents across 533.2 square miles, a density of 31 people per square mile, in the New York time zone.
ZIP 24450 lands in the middle-income range, with a median household income of $76,587 (11% below the average Virginia ZIP), while per-capita income is $38,542. Both reported hardship measures are comparatively low in absolute terms: poverty is 6.9% and unemployment is 1.8%. Median home value is $305,100 (9% below the average Virginia ZIP) and median rent is $1,060; 68.3% of occupied homes are owner-occupied.
A solid share of residents have a four-year degree: 44.5% of adults hold a bachelor's degree or higher, the median age is 39, and the average commute is 20 minutes. The page also surfaces 3 ZIP codes within roughly 10 miles and 6 more in Rockbridge County, so 24450 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 →
Top industries in ZIP 24450
Top 5 sectors by establishment count in Lexington, VA
Which industries have the most business establishments in ZIP 24450.
- Accommodation and food services
Accommodation and food services
86 establishments
- Other services (except public administration)
Other services (except public administration)
77 establishments
- Retail trade
Retail trade
71 establishments
- Health care and social assistance
Health care and social assistance
63 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
43 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 24450, Lexington, 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
16,741
Population
533.2
Area (sq mi)
31
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 24450?
39.0
Median Age
51.2%
Male
48.8%
Female
4.6%
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?
$76,587
Median Household Income
-11% vs state ZIP avg
$38,542
Per Capita Income
6.9%
Poverty Rate
1.8%
Unemployment Rate
20.4 min
Mean Commute Time
How ZIP 24450 ranks among Virginia ZIPs
Lexington, 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)
$76,587 Top 47% higher than 53% of 804 Virginia ZIPs
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?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
7,778housing units
7,778
Total Housing Units
6,482
Occupied Units
1,296
Vacant Units
2.17
Avg Household Size
Occupancy Type
$305,100
Median Home Value
-9% vs state ZIP avg
$1,060
Median Rent
1976
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
+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.
- 24450
Lexington (24450)
16,741 residents
- 24555 2,140
Glasgow (24555)
2,140 residents
- 24578 1,056
Natural Bridge (24578)
1,056 residents
- 24473 922
Rockbridge Baths (24473)
922 residents
What this shows Among its immediate neighbors, ZIP 24450 ranks the most populous - useful context the national average alone can't give.
ZIP 24450 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 24450
Lexington (24450)
$76,587 median income
- 24578
Natural Bridge (24578)
$68,355 median income
- 24473
Rockbridge Baths (24473)
$67,813 median income
- 24555
Glasgow (24555)
$56,080 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.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 24450, 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 (16,741 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Rockbridge County
Related Areas
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.
Related
Take this with you
What to do with ZIP 24450's numbers, next.
- See how ZIP 24450 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Lexington, VA ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.