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.
- 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 + 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
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
$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
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?
7,778
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
$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.
More ZIP Codes in Rockbridge County
Related Areas
Frequently Asked Questions
What county is ZIP code 24450 in? ▼
What is the population of ZIP code 24450? ▼
What is the median household income in ZIP 24450? ▼
What is the average home value in ZIP 24450? ▼
What is the demographic makeup of ZIP 24450? ▼
How many businesses are in ZIP code 24450? ▼
What are the main industries in ZIP code 24450? ▼
How have home values changed in ZIP code 24450? ▼
What is the education level in ZIP code 24450? ▼
What is the average commute time in ZIP 24450? ▼
What percentage of residents own vs. rent in ZIP 24450? ▼
What is the poverty rate in ZIP code 24450? ▼
ZIP Code Research Guides
Official Data Resources for Lexington, VA
Verify and explore additional data for this area using these official government sources.
Read our methodology to see how this data is sourced, computed, and verified.