Goode, VA · standard
ZIP Code 24556
Bedford County, Virginia - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 3,053
- 28/sq mi Moderate-density area
- $87,250
- Median income Above-median income area
- $399,000
- Median home value Above-median home value
- 28.6%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Goode pairs an above-median household income with upper-quartile home values, in a rural, homeowner-dominated area.
- Top 30%
- household income, US ZIPs
- Top 21%
- home value, US ZIPs
- 28
- people per sq mi
- 89%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 24556 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 24556 (Goode, VA) rose +6.9% from 2023 to 2024. The all-transactions index moved from 229.8 in 2023 to 245.6 in 2024 (2000 = 100).
ZIP code 24556 covers 110.6 square miles in Goode, Bedford County, Virginia (a standard USPS delivery area), with a modest 3,053 residents on file, a density of 28 people per square mile, in the New York time zone.
ZIP 24556 lands in the middle-income range, with a median household income of $87,250 (2% above the average Virginia ZIP), while per-capita income is $42,456. Both reported hardship measures are comparatively low in absolute terms: poverty is 6.5% and unemployment is 0.0%. Housing is both higher-cost and owner-heavy: median home value is $399,000 (19% above the average Virginia ZIP), while 89.0% of occupied homes are owner-occupied and median rent is $787.
Educational attainment sits below the national norm: 28.6% of adults hold a bachelor's degree or higher, the median age is 50.3, and the average commute is -. The page also surfaces 6 ZIP codes within roughly 10 miles and 6 more in Bedford County, so 24556 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 24556
Top 5 sectors by establishment count in Goode, VA
Which industries have the most business establishments in ZIP 24556.
- Construction
Construction
15 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
9 establishments
- Retail trade
Retail trade
8 establishments
- Administrative and support and waste management and remediation services
Administrative and support and waste management and remediation services
7 establishments
- Other services (except public administration)
Other services (except public administration)
7 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 24556, Goode, 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
3,053
Population
110.6
Area (sq mi)
28
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 24556?
50.3
Median Age
51.5%
Male
48.5%
Female
5.0%
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?
$87,250
Median Household Income
+2% vs state ZIP avg
$42,456
Per Capita Income
6.5%
Poverty Rate
0.0%
Unemployment Rate
How ZIP 24556 ranks among Virginia ZIPs
Goode, 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)
$87,250 Top 37% higher than 63% 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
1,132housing units
1,132
Total Housing Units
1,067
Occupied Units
65
Vacant Units
2.42
Avg Household Size
Occupancy Type
$399,000
Median Home Value
+19% vs state ZIP avg
$787
Median Rent
1985
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
+6.9%
YoY Change (2024)
246
HPI Index (2000 = 100)
+146%
Total Change Since 2000
Home values in ZIP 24556 have increased 6.9% over the past year (2024). Since 2000, this ZIP has seen +146% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +3.7% | 167 |
| 2021 | +11.0% | 185 |
| 2022 | +13.9% | 211 |
| 2023 | +9.1% | 230 |
| 2024 | +6.9% | 246 |
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 60 business establishments in ZIP 24556, employing approximately 223 people with a combined annual payroll of $8,841,000.
60
Businesses
223
Employees
$8.8M
Annual Payroll
7
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 15 | 25.0% |
| Professional, scientific, and technical services | 9 | 15.0% |
| Retail trade | 8 | 13.3% |
| Administrative and support and waste management and remediation services | 7 | 11.7% |
| Other services (except public administration) | 7 | 11.7% |
| Health care and social assistance | 4 | 6.7% |
| Manufacturing | 3 | 5.0% |
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 24556 vs 24570 →
ZIP 24556 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 24551
Forest (24551)
20,667 residents
- 24503
Lynchburg (24503)
19,331 residents
- 24523
Bedford (24523)
18,952 residents
- 24550 7,258
Evington (24550)
7,258 residents
- 24556 3,053
Goode (24556)
3,053 residents
- 24536 194
Coleman Falls (24536)
194 residents
- 24570 20
Lowry (24570)
20 residents
What this shows Among its immediate neighbors, ZIP 24556 ranks #5 by population - useful context the national average alone can't give.
ZIP 24556 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 24551
Forest (24551)
$91,067 median income
- 24503
Lynchburg (24503)
$89,137 median income
- 24556
Goode (24556)
$87,250 median income
- 24523
Bedford (24523)
$73,957 median income
- 24550
Evington (24550)
$69,025 median income
What this shows By household income, ZIP 24556 ranks #3 of 5 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 24556, 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 (3,053 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Bedford County
Related Areas
Frequently Asked Questions
What county is ZIP code 24556 in?
ZIP code 24556 (Goode) is located in Bedford County, Virginia. Bedford County contains multiple ZIP codes, see the full list at /counties/bedford-va.
What is the population of ZIP code 24556?
ZIP code 24556 in Goode, VA has a population of 3,053 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 24556?
The median household income in ZIP 24556 is $87,250, which is 14% above the national average of $76,288.
What is the average home value in ZIP 24556?
The median home value in ZIP 24556 is $399,000, which is 43% above the national average of $278,155.
What is the demographic makeup of ZIP 24556?
The largest racial group in ZIP 24556 is White at 86.1%. Hispanic or Latino residents make up 0.6% of the population.
How many businesses are in ZIP code 24556?
ZIP code 24556 has 60 business establishments employing approximately 223 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 24556?
The top industries by establishment count in ZIP 24556 are: Construction (15), Professional, scientific, and technical services (9), Retail trade (8). There are 7 industry sectors represented in total.
How have home values changed in ZIP code 24556?
According to the FHFA House Price Index, home values in ZIP 24556 increased by 6.9% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 146%. 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 24556?
In ZIP code 24556, 57.1% of residents aged 25+ have a high school diploma or higher, and 28.6% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What percentage of residents own vs. rent in ZIP 24556?
In ZIP code 24556, approximately 89.0% of occupied housing units are owner-occupied and 11.0% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 24556?
The poverty rate in ZIP code 24556 is 6.5% 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 24556's numbers, next.
- See how ZIP 24556 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Goode, 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.