PlainZIP

Lynchburg, VA · standard

ZIP Code 24501

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

26,757
268/sq mi
$42,222
Median income
$174,900
Median home value
26.2%
Bachelor's or higher

The verdict

Lynchburg pairs one of the lowest household incomes in the country with below-median home values, in a low-density, mixed-tenure area.

7th pct
household income, US ZIPs
36th pct
home value, US ZIPs
268
people per sq mi
47%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 24501 against every reporting US ZIP.

ZIP code 24501 is a densely settled ZIP (a standard USPS delivery area) in Lynchburg, Lynchburg County, Virginia, with 26,757 residents across 99.8 square miles, a density of 268 people per square mile, in the New York time zone.

ZIP 24501 reports a modest median household income of $42,222 (51% below the Virginia average), while per-capita income is $24,047. 23.5% of residents live below the poverty line, and the unemployment rate reads 8.0%. Housing costs here run $174,900 for a typical home value (48% below the state average), with rent averaging $933 a month; 47.0% of homes are owner-occupied.

Educational attainment sits below the national norm: 26.2% of adults hold a bachelor's degree or higher, the median age is 30.4, and the average commute is 18 minutes. To put 24501 in local context, 6 ZIP codes within roughly 10 miles appear further down this page alongside 3 additional ZIPs in Lynchburg County, for a geography-aware comparison.

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 24501

Top 5 sectors by establishment count in Lynchburg, VA

Which industries have the most business establishments in ZIP 24501.

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 24501, Lynchburg, 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

26,757

Population

99.8

Area (sq mi)

268

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 24501?

30.4

Median Age

45.0%

Male

55.0%

Female

3.0%

Foreign-Born

White 55.3%
African American 37.0%
Asian 1.4%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.1%
Two or More Ethnicities 4.3%
Hispanic or Latino 3.0%

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?

$42,222

Median Household Income

-51% vs state

$24,047

Per Capita Income

23.5%

Poverty Rate

8.0%

Unemployment Rate

18.3 min

Mean Commute Time

How ZIP 24501 ranks nationally

Lynchburg, VA household income vs. every US ZIP code

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

$42,222 7th percentile higher than 7% 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%). This entry sits in this band. $60,000–$80,000: 9,980 US ZIPs (33%). Above this entry. $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 60.9%
Bachelor's Degree or Higher 26.2%

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

What does housing look like?

12,198

Total Housing Units

9,852

Occupied Units

2,346

Vacant Units

2.27

Avg Household Size

Occupancy Type

Owner 47.0%
Renter 53.0%

$174,900

Median Home Value

-48% vs state

$933

Median Rent

1971

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

+4.2%

YoY Change (2024)

288

HPI Index (2000 = 100)

+188%

Total Change Since 2000

Home values in ZIP 24501 have increased 4.2% over the past year (2024). Since 2000, this ZIP has seen +188% cumulative appreciation.

Year Annual Change HPI Index
2020 +6.7% 183
2021 +13.4% 207
2022 +18.1% 245
2023 +12.9% 277
2024 +4.2% 288

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 815 business establishments in ZIP 24501, employing approximately 20,976 people with a combined annual payroll of $1,331,394,000.

815

Businesses

20,976

Employees

$1.3B

Annual Payroll

17

Industry Sectors

Industry Establishments % of Total
Health care and social assistance 142 17.4%
Retail trade 116 14.2%
Other services (except public administration) 109 13.4%
Construction 62 7.6%
Accommodation and food services 56 6.9%
Wholesale trade 52 6.4%
Professional, scientific, and technical services 47 5.8%
Real estate and rental and leasing 43 5.3%
Finance and insurance 41 5.0%
Manufacturing 40 4.9%
Administrative and support and waste management and remediation services 39 4.8%
Transportation and warehousing 24 2.9%
Information 15 1.8%
Educational services 10 1.2%
Management of companies and enterprises 7 0.9%
Arts, entertainment, and recreation 7 0.9%
Utilities 3 0.4%

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 24501 vs 24502 →

ZIP 24501 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 24501 ranks #2 by population - useful context the national average alone can't give.

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

ZIP 24501 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 24501 ranks #7 of 7 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
24502 Lynchburg, VA 43,426 3.6 mi
24504 Lynchburg, VA 9,777 5.6 mi
24588 Rustburg, VA 9,647 7.0 mi
24572 Madison Heights, VA 16,395 8.3 mi
24503 Lynchburg, VA 19,331 8.6 mi
24550 Evington, VA 7,258 10.1 mi

More ZIP Codes in Lynchburg County

24502 standard
Lynchburg, VA
Pop: 43,426
24503 standard
Lynchburg, VA
Pop: 19,331
24504 standard
Lynchburg, VA
Pop: 9,777

Related Areas

Lynchburg County Lynchburg, VA Virginia

Frequently Asked Questions

What county is ZIP code 24501 in? ▼
ZIP code 24501 (Lynchburg) is located in Lynchburg County, Virginia. Lynchburg County contains multiple ZIP codes, see the full list at /counties/lynchburg-va.
What is the population of ZIP code 24501? ▼
ZIP code 24501 in Lynchburg, VA has a population of 26,757 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 24501? ▼
The median household income in ZIP 24501 is $42,222, which is 45% below the national average of $76,288.
What is the average home value in ZIP 24501? ▼
The median home value in ZIP 24501 is $174,900, which is 37% below the national average of $278,155.
What is the demographic makeup of ZIP 24501? ▼
The largest racial group in ZIP 24501 is White at 55.3%. Hispanic or Latino residents make up 3.0% of the population.
How many businesses are in ZIP code 24501? ▼
ZIP code 24501 has 815 business establishments employing approximately 20,976 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 24501? ▼
The top industries by establishment count in ZIP 24501 are: Health care and social assistance (142), Retail trade (116), Other services (except public administration) (109). There are 17 industry sectors represented in total.
How have home values changed in ZIP code 24501? ▼
According to the FHFA House Price Index, home values in ZIP 24501 increased by 4.2% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 188%. 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 24501? ▼
In ZIP code 24501, 60.9% of residents aged 25+ have a high school diploma or higher, and 26.2% 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 24501? ▼
The mean commute time for workers in ZIP code 24501 is 18.3 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 24501? ▼
In ZIP code 24501, approximately 47.0% of occupied housing units are owner-occupied and 53.0% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 24501? ▼
The poverty rate in ZIP code 24501 is 23.5% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

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