Madison Heights, VA · standard
ZIP Code 24572
Amherst County, Virginia — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 16,395
- 99/sq mi
- $62,030
- Median income
- $204,000
- Median home value
- 19.3%
- Bachelor's or higher
The verdict
Madison Heights pairs a below-median household income with below-median home values, in a rural, homeowner-dominated area.
- 33th pct
- household income, US ZIPs
- 44th pct
- home value, US ZIPs
- 99
- people per sq mi
- 78%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 24572 against every reporting US ZIP.
ZIP code 24572 is classified by USPS as a standard delivery area and covers roughly 165.6 square miles in Madison Heights, Amherst County, Virginia. The area is home to 16,395 residents, producing a population density of 99 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 24572 against Virginia and the nation.
On the economic side, the median household income for ZIP 24572 sits at $62,030 (28% below the Virginia average), while per-capita income is $33,108. The poverty rate stands at 10.9% and the unemployment rate at 4.1%. On housing, the median home value is $204,000 (39% below the state average) with median rent at $873 per month, and 78.2% of occupied units are owner-occupied, a direct signal of whether 24572 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 19.3% of adults hold a bachelor's degree or higher, the median age is 44.2, and the average commute is 24 minutes. We also surface 5 nearby ZIP codes within roughly 10 miles and 3 additional ZIPs sharing Amherst County, so you can benchmark 24572 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 24572
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 24572.
- Retail trade
Retail trade
61 establishments
- Other services (except public administration)
Other services (except public administration)
47 establishments
- Construction
Construction
39 establishments
- Accommodation and food services
Accommodation and food services
32 establishments
- Health care and social assistance
Health care and social assistance
28 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 24572, Madison Heights, 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
16,395
Population
165.6
Area (sq mi)
99
People / sq mi
New York
Time Zone
standard
ZIP Type
Who lives in ZIP 24572?
44.2
Median Age
50.2%
Male
49.8%
Female
1.1%
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?
$62,030
Median Household Income
-28% vs state
$33,108
Per Capita Income
10.9%
Poverty Rate
4.1%
Unemployment Rate
23.6 min
Mean Commute Time
How ZIP 24572 ranks nationally
Household income vs. every US ZIP code
Median household income — the full national distribution, with this ZIP marked
$62,030 33rd percentile higher than 33% 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?
7,511
Total Housing Units
6,762
Occupied Units
749
Vacant Units
2.29
Avg Household Size
Occupancy Type
$204,000
Median Home Value
-39% vs state
$873
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
+9.2%
YoY Change (2024)
246
HPI Index (2000 = 100)
+146%
Total Change Since 2000
Home values in ZIP 24572 have increased 9.2% over the past year (2024). Since 2000, this ZIP has seen +146% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +3.2% | 166 |
| 2021 | +9.2% | 181 |
| 2022 | +16.1% | 210 |
| 2023 | +7.1% | 225 |
| 2024 | +9.2% | 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 292 business establishments in ZIP 24572, employing approximately 3,022 people with a combined annual payroll of $109,714,000.
292
Businesses
3,022
Employees
$109.7M
Annual Payroll
14
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 61 | 20.9% |
| Other services (except public administration) | 47 | 16.1% |
| Construction | 39 | 13.4% |
| Accommodation and food services | 32 | 11.0% |
| Health care and social assistance | 28 | 9.6% |
| Administrative and support and waste management and remediation services | 17 | 5.8% |
| Professional, scientific, and technical services | 14 | 4.8% |
| Transportation and warehousing | 12 | 4.1% |
| Finance and insurance | 12 | 4.1% |
| Manufacturing | 9 | 3.1% |
| Wholesale trade | 5 | 1.7% |
| Real estate and rental and leasing | 5 | 1.7% |
| Information | 4 | 1.4% |
| Educational services | 3 | 1.0% |
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 24572 vs 24595 →
ZIP 24572 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
- 24572 16,395
Madison Heights (24572)
16,395 residents
- 24504 9,777
Lynchburg (24504)
9,777 residents
- 24538 4,742
Concord (24538)
4,742 residents
- 24595 679
Sweet Briar (24595)
679 residents
What this shows Among its immediate neighbors, ZIP 24572 ranks #3 by population — useful context the national average alone can't give.
ZIP 24572 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 24595
Sweet Briar (24595)
$92,850 median income
- 24538
Concord (24538)
$71,224 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 24572 ranks #4 of 6 neighboring ZIPs — local affluence varies block to block, not just metro to metro.
More ZIP Codes in Amherst County
Related Areas
Frequently Asked Questions
What county is ZIP code 24572 in? ▼
What is the population of ZIP code 24572? ▼
What is the median household income in ZIP 24572? ▼
What is the average home value in ZIP 24572? ▼
What is the demographic makeup of ZIP 24572? ▼
How many businesses are in ZIP code 24572? ▼
What are the main industries in ZIP code 24572? ▼
How have home values changed in ZIP code 24572? ▼
What is the education level in ZIP code 24572? ▼
What is the average commute time in ZIP 24572? ▼
What percentage of residents own vs. rent in ZIP 24572? ▼
What is the poverty rate in ZIP code 24572? ▼
ZIP Code Research Guides
Official Data Resources for Madison Heights, 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.