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 High-density area
- $42,222
- Median income Below-median income area
- $174,900
- Median home value Near-median home value
- 26.2%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
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.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 24501 (Lynchburg, VA) rose +4.2% from 2023 to 2024. The all-transactions index moved from 276.5 in 2023 to 288.0 in 2024 (2000 = 100).
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 average Virginia ZIP), while per-capita income is $24,047. The poverty rate is 23.5%, so the area-level income figures should not be treated as typical household experience. Home values sit below the statewide ZIP benchmark: the median is $174,900 (48% below the average Virginia ZIP), and median rent is $933; owner occupancy is 47.0%.
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. The page also surfaces 6 ZIP codes within roughly 10 miles and 3 more in Lynchburg County, so 24501 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 24501
Top 5 sectors by establishment count in Lynchburg, VA
Which industries have the most business establishments in ZIP 24501.
- Health care and social assistance
Health care and social assistance
142 establishments
- Retail trade
Retail trade
116 establishments
- Other services (except public administration)
Other services (except public administration)
109 establishments
- Construction
Construction
62 establishments
- Accommodation and food services 56
Accommodation and food services
56 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 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
Who lives in ZIP 24501?
30.4
Median Age
45.0%
Male
55.0%
Female
3.0%
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?
$42,222
Median Household Income
-51% vs state ZIP avg
$24,047
Per Capita Income
23.5%
Poverty Rate
8.0%
Unemployment Rate
18.3 min
Mean Commute Time
How ZIP 24501 ranks among Virginia ZIPs
Lynchburg, 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)
$42,222 5th percentile higher than 5% 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
12,198housing units
12,198
Total Housing Units
9,852
Occupied Units
2,346
Vacant Units
2.27
Avg Household Size
Occupancy Type
$174,900
Median Home Value
-48% vs state ZIP avg
$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.
- 24502
Lynchburg (24502)
43,426 residents
- 24501
Lynchburg (24501)
26,757 residents
- 24503
Lynchburg (24503)
19,331 residents
- 24572 16,395
Madison Heights (24572)
16,395 residents
- 24504 9,777
Lynchburg (24504)
9,777 residents
- 24588 9,647
Rustburg (24588)
9,647 residents
- 24550 7,258
Evington (24550)
7,258 residents
What this shows Among its immediate neighbors, ZIP 24501 ranks #2 by population - useful context the national average alone can't give.
ZIP 24501 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 24503
Lynchburg (24503)
$89,137 median income
- 24588
Rustburg (24588)
$73,231 median income
- 24550
Evington (24550)
$69,025 median income
- 24502
Lynchburg (24502)
$68,872 median income
- 24572
Madison Heights (24572)
$62,030 median income
- 24504
Lynchburg (24504)
$52,571 median income
- 24501
Lynchburg (24501)
$42,222 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.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 24501, 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 (26,757 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Lynchburg County
Related Areas
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.
Related
Take this with you
What to do with ZIP 24501's numbers, next.
- See how ZIP 24501 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Lynchburg, 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.