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 Moderate-density area
- $62,030
- Median income Below-median income area
- $204,000
- Median home value Near-median home value
- 19.3%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Madison Heights pairs a below-median household income with below-median home values, in a rural, homeowner-dominated area.
- 33rd 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.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 24572 (Madison Heights, VA) rose +9.2% from 2023 to 2024. The all-transactions index moved from 224.8 in 2023 to 245.5 in 2024 (2000 = 100).
ZIP code 24572 is a mid-sized community (a standard USPS delivery area) in Madison Heights, Amherst County, Virginia, home to 16,395 residents across 165.6 square miles, a density of 99 people per square mile, in the New York time zone.
ZIP 24572 reports a modest median household income of $62,030 (28% below the average Virginia ZIP), while per-capita income is $33,108. The poverty rate is 10.9%, with unemployment at 4.1%; those measures add context to the income figure. Home values sit below the statewide ZIP benchmark: the median is $204,000 (39% below the average Virginia ZIP), and median rent is $873; owner occupancy is 78.2%.
Educational attainment sits below the national norm: 19.3% of adults hold a bachelor's degree or higher, the median age is 44.2, and the average commute is 24 minutes. The page also surfaces 5 ZIP codes within roughly 10 miles and 3 more in Amherst County, so 24572 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 24572
Top 5 sectors by establishment count in Madison Heights, VA
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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, 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; 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 ZIP avg
$33,108
Per Capita Income
10.9%
Poverty Rate
4.1%
Unemployment Rate
23.6 min
Mean Commute Time
How ZIP 24572 ranks among Virginia ZIPs
Madison Heights, 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)
$62,030 32nd percentile higher than 32% 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
7,511housing units
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 ZIP avg
$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.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 24572, 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 (16,395 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Amherst County
Related Areas
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.
Related
Take this with you
What to do with ZIP 24572's numbers, next.
- See how ZIP 24572 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Madison Heights, VA ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.