Danville, VA · standard
ZIP Code 24540
Danville County, Virginia - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 32,170
- 164/sq mi High-density area
- $47,924
- Median income Below-median income area
- $159,200
- Median home value Below-median home value
- 17.5%
- Bachelor's or higher Below-average bachelor's attainment
National ZIP placement
Danville pairs one of the lowest household incomes in the country with below-median home values, in a rural, mixed-tenure area.
- 12th pct
- household income, US ZIPs
- 29th pct
- home value, US ZIPs
- 164
- people per sq mi
- 60%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 24540 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 24540 (Danville, VA) rose +1.0% from 2023 to 2024. The all-transactions index moved from 206.9 in 2023 to 209.0 in 2024 (2000 = 100).
ZIP code 24540 is a densely settled ZIP (a standard USPS delivery area) in Danville, Danville County, Virginia, with 32,170 residents across 196.8 square miles, a density of 164 people per square mile, in the New York time zone.
ZIP 24540 reports a modest median household income of $47,924 (44% below the average Virginia ZIP), while per-capita income is $28,943. The poverty rate is 19.3%, with unemployment at 4.4%; those measures add context to the income figure. Home values sit below the statewide ZIP benchmark: the median is $159,200 (52% below the average Virginia ZIP), and median rent is $817; owner occupancy is 59.6%.
Educational attainment sits below the national norm: 17.5% of adults hold a bachelor's degree or higher, the median age is 44.3, and the average commute is 23 minutes. The page also surfaces 5 ZIP codes within roughly 10 miles and 1 more in Danville County, so 24540 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 24540
Top 5 sectors by establishment count in Danville, VA
Which industries have the most business establishments in ZIP 24540.
- Retail trade
Retail trade
175 establishments
- Health care and social assistance
Health care and social assistance
92 establishments
- Other services (except public administration)
Other services (except public administration)
88 establishments
- Accommodation and food services
Accommodation and food services
87 establishments
- Finance and insurance 56
Finance and insurance
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 24540, Danville, 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
32,170
Population
196.8
Area (sq mi)
164
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 24540?
44.3
Median Age
46.4%
Male
53.6%
Female
2.6%
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?
$47,924
Median Household Income
-44% vs state ZIP avg
$28,943
Per Capita Income
19.3%
Poverty Rate
4.4%
Unemployment Rate
22.5 min
Mean Commute Time
How ZIP 24540 ranks nationally
Danville, VA household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$47,924 12th percentile higher than 12% 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?
Housing stock: occupied vs vacant
15,796housing units
15,796
Total Housing Units
13,812
Occupied Units
1,984
Vacant Units
2.19
Avg Household Size
Occupancy Type
$159,200
Median Home Value
-52% vs state ZIP avg
$817
Median Rent
1972
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
+1.0%
YoY Change (2024)
209
HPI Index (2000 = 100)
+109%
Total Change Since 2000
Home values in ZIP 24540 have increased 1.0% over the past year (2024). Since 2000, this ZIP has seen +109% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +4.0% | 132 |
| 2021 | +10.8% | 146 |
| 2022 | +19.0% | 174 |
| 2023 | +18.8% | 207 |
| 2024 | +1.0% | 209 |
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 737 business establishments in ZIP 24540, employing approximately 12,843 people with a combined annual payroll of $484,843,000.
737
Businesses
12,843
Employees
$484.8M
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 175 | 23.7% |
| Health care and social assistance | 92 | 12.5% |
| Other services (except public administration) | 88 | 11.9% |
| Accommodation and food services | 87 | 11.8% |
| Finance and insurance | 56 | 7.6% |
| Construction | 45 | 6.1% |
| Real estate and rental and leasing | 32 | 4.3% |
| Professional, scientific, and technical services | 30 | 4.1% |
| Administrative and support and waste management and remediation services | 29 | 3.9% |
| Manufacturing | 25 | 3.4% |
| Wholesale trade | 23 | 3.1% |
| Transportation and warehousing | 21 | 2.9% |
| Information | 12 | 1.6% |
| Arts, entertainment, and recreation | 10 | 1.4% |
| Management of companies and enterprises | 4 | 0.5% |
| Educational services | 4 | 0.5% |
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 24540 vs 24541 →
ZIP 24540 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 24540
Danville (24540)
32,170 residents
- 24541
Danville (24541)
28,221 residents
- 24586 5,562
Ringgold (24586)
5,562 residents
- 24549 4,292
Dry Fork (24549)
4,292 residents
- 24527 3,027
Blairs (24527)
3,027 residents
- 27315 2,243
Providence (27315)
2,243 residents
What this shows Among its immediate neighbors, ZIP 24540 ranks the most populous - useful context the national average alone can't give.
ZIP 24540 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 24527
Blairs (24527)
$73,715 median income
- 27315
Providence (27315)
$65,272 median income
- 24549
Dry Fork (24549)
$55,186 median income
- 24586
Ringgold (24586)
$53,962 median income
- 24541
Danville (24541)
$51,427 median income
- 24540
Danville (24540)
$47,924 median income
What this shows By household income, ZIP 24540 ranks #6 of 6 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 24540, 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 (32,170 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Danville County
Related Areas
Frequently Asked Questions
What county is ZIP code 24540 in?
ZIP code 24540 (Danville) is located in Danville County, Virginia. Danville County contains multiple ZIP codes, see the full list at /counties/danville-va.
What is the population of ZIP code 24540?
ZIP code 24540 in Danville, VA has a population of 32,170 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 24540?
The median household income in ZIP 24540 is $47,924, which is 37% below the national average of $76,288.
What is the average home value in ZIP 24540?
The median home value in ZIP 24540 is $159,200, which is 43% below the national average of $278,155.
What is the demographic makeup of ZIP 24540?
The largest racial group in ZIP 24540 is White at 49.9%. Hispanic or Latino residents make up 3.6% of the population.
How many businesses are in ZIP code 24540?
ZIP code 24540 has 737 business establishments employing approximately 12,843 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 24540?
The top industries by establishment count in ZIP 24540 are: Retail trade (175), Health care and social assistance (92), Other services (except public administration) (88). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 24540?
According to the FHFA House Price Index, home values in ZIP 24540 increased by 1.0% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 109%. 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 24540?
In ZIP code 24540, 58.8% of residents aged 25+ have a high school diploma or higher, and 17.5% 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 24540?
The mean commute time for workers in ZIP code 24540 is 22.5 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 24540?
In ZIP code 24540, approximately 59.6% of occupied housing units are owner-occupied and 40.4% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 24540?
The poverty rate in ZIP code 24540 is 19.3% 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 24540's numbers, next.
- See how ZIP 24540 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Danville, 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.