Bandy, VA · standard

ZIP Code 24602

Tazewell County, Virginia — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

962
8/sq mi
$45,150
Median income
$88,800
Median home value
6.9%
Bachelor's or higher

The verdict

Bandy pairs one of the lowest household incomes in the country with among the most affordable home values nationally, in a rural, homeowner-dominated area.

9th pct
household income, US ZIPs
6th pct
home value, US ZIPs
8
people per sq mi
66%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 24602 against every reporting US ZIP.

ZIP code 24602 is classified by USPS as a standard delivery area and covers roughly 128.3 square miles in Bandy, Tazewell County, Virginia. The area is home to 962 residents, producing a population density of 8 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 24602 against Virginia and the nation.

On the economic side, the median household income for ZIP 24602 sits at $45,150 (47% below the Virginia average), while per-capita income is $22,482. The poverty rate stands at 6.3% and the unemployment rate at 0.0%. On housing, the median home value is $88,800 (73% below the state average) with median rent at per month, and 66.2% of occupied units are owner-occupied, a direct signal of whether 24602 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 6.9% of adults hold a bachelor's degree or higher, the median age is 48.3, and the average commute is . We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Tazewell County, so you can benchmark 24602 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 →

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 24602, Bandy, 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

962

Population

128.3

Area (sq mi)

8

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 24602?

48.3

Median Age

45.5%

Male

54.5%

Female

1.0%

Foreign-Born

White 96.0%
African American 0.0%
Asian 1.0%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 3.1%
Hispanic or Latino 3.1%

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?

$45,150

Median Household Income

-47% vs state

$22,482

Per Capita Income

6.3%

Poverty Rate

0.0%

Unemployment Rate

How ZIP 24602 ranks nationally

Household income vs. every US ZIP code

Median household income — the full national distribution, with this ZIP marked

$45,150 9th percentile higher than 9% 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%). This entry sits in this band. $60,000–$80,000: 9,980 US ZIPs (33%). Above this entry. $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 32.5%
Bachelor's Degree or Higher 6.9%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

619

Total Housing Units

393

Occupied Units

226

Vacant Units

3.09

Avg Household Size

Occupancy Type

Owner 66.2%
Renter 33.8%

$88,800

Median Home Value

-73% vs state

1992

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

Nearby ZIP Codes

Want a side-by-side? Compare 24602 vs 24601 →

ZIP 24602 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 24602 ranks #4 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 24602 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 24602 ranks #2 of 7 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
24601 Amonate, VA 77 1.0 mi
24815 Berwind, WV 559 3.9 mi
24826 Cucumber, WV 150 7.6 mi
24894 Warriormine, WV 388 7.3 mi
24866 Newhall, WV 240 6.3 mi
24604 Bishop, VA 342 6.8 mi
24622 Jewell Ridge, VA 1,028 7.7 mi
24637 Pounding Mill, VA 3,410 8.9 mi
24884 Squire, WV 265 7.3 mi
24892 War, WV 1,513 10.1 mi

More ZIP Codes in Tazewell County

Frequently Asked Questions

What county is ZIP code 24602 in?
ZIP code 24602 (Bandy) is located in Tazewell County, Virginia. Tazewell County contains multiple ZIP codes, see the full list at /counties/tazewell-va.
What is the population of ZIP code 24602?
ZIP code 24602 in Bandy, VA has a population of 962 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 24602?
The median household income in ZIP 24602 is $45,150, which is 41% below the national average of $76,288.
What is the average home value in ZIP 24602?
The median home value in ZIP 24602 is $88,800, which is 68% below the national average of $278,155.
What is the demographic makeup of ZIP 24602?
The largest racial group in ZIP 24602 is White at 96.0%. Hispanic or Latino residents make up 3.1% of the population.
What is the education level in ZIP code 24602?
In ZIP code 24602, 32.5% of residents aged 25+ have a high school diploma or higher, and 6.9% 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 24602?
In ZIP code 24602, approximately 66.2% of occupied housing units are owner-occupied and 33.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 24602?
The poverty rate in ZIP code 24602 is 6.3% 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 Bandy, VA

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