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.

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 + 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

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 24572?

44.2

Median Age

50.2%

Male

49.8%

Female

1.1%

Foreign-Born

White 69.8%
African American 21.1%
Asian 1.1%
American Indian or Alaska Native 0.3%
Native Hawaiian or Pacific Islander 0.1%
Two or More Ethnicities 7.0%
Hispanic or Latino 3.4%

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

$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%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). This entry sits in this band. $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 57.0%
Bachelor's Degree or Higher 19.3%

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

Owner 78.2%
Renter 21.8%

$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)

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.

residents

What this shows Among its immediate neighbors, ZIP 24572 ranks #3 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 24572 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 24572 ranks #4 of 6 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
24595 Sweet Briar, VA 679 6.6 mi
24504 Lynchburg, VA 9,777 7.5 mi
24501 Lynchburg, VA 26,757 8.3 mi
24502 Lynchburg, VA 43,426 10.0 mi
24538 Concord, VA 4,742 11.8 mi

More ZIP Codes in Amherst County

Frequently Asked Questions

What county is ZIP code 24572 in?
ZIP code 24572 (Madison Heights) is located in Amherst County, Virginia. Amherst County contains multiple ZIP codes, see the full list at /counties/amherst-va.
What is the population of ZIP code 24572?
ZIP code 24572 in Madison Heights, VA has a population of 16,395 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 24572?
The median household income in ZIP 24572 is $62,030, which is 19% below the national average of $76,288.
What is the average home value in ZIP 24572?
The median home value in ZIP 24572 is $204,000, which is 27% below the national average of $278,155.
What is the demographic makeup of ZIP 24572?
The largest racial group in ZIP 24572 is White at 69.8%. Hispanic or Latino residents make up 3.4% of the population.
How many businesses are in ZIP code 24572?
ZIP code 24572 has 292 business establishments employing approximately 3,022 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 24572?
The top industries by establishment count in ZIP 24572 are: Retail trade (61), Other services (except public administration) (47), Construction (39). There are 14 industry sectors represented in total.
How have home values changed in ZIP code 24572?
According to the FHFA House Price Index, home values in ZIP 24572 increased by 9.2% 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 24572?
In ZIP code 24572, 57.0% of residents aged 25+ have a high school diploma or higher, and 19.3% 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 24572?
The mean commute time for workers in ZIP code 24572 is 23.6 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 24572?
In ZIP code 24572, approximately 78.2% of occupied housing units are owner-occupied and 21.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 24572?
The poverty rate in ZIP code 24572 is 10.9% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Madison Heights, VA

Verify and explore additional data for this area using these official government sources.