ZIP Code 24502

ZIP Code Tabulation Area in Lynchburg city, Virginia.

Population: 41,314
Median household income: $66,027
Median home value: $214,300

ZIP Code 24502 is a ZIP Code Tabulation Area in Lynchburg city, Virginia, home to about 41,314 residents. Its median household income of $66,027 runs above the Lynchburg city figure of $59,808.

From 2019 to 2023, ZIP Code 24502's population declined 10.3% from 46,044 to 41,314, while its median gross rent rose 24.2% from $939 to $1,166.

The largest age group is 18 to 24, 17.7% of residents. White (non-Hispanic) residents are the largest group, 68.3% of the population.

Demographics

ACS 2019–2023

Population: 41,314
Median age: 32.1 yrs
Median household income: $66,027
Median home value: $214,300
Median gross rent: $1,166
Housing units: 18,576
Homeownership rate: 53.7%
Bachelor's degree or higher: 38.5%
Unemployment rate: 3.3%

Trends

ACS 5-year · 2019–2023

Population

46,04441,314

Median household income

$50,112$66,027

Median home value

$166,100$214,300

Median gross rent

$939$1,166

Year	Population	Median household income	Median home value	Median gross rent
2019	46,044	$50,112	$166,100	$939
2020	45,450	$52,768	$169,100	$952
2021	40,420	$58,360	$173,800	$1,025
2022	41,134	$62,537	$199,500	$1,106
2023	41,314	$66,027	$214,300	$1,166

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 55.5%

5 to 1713.7%

18 to 2417.7%

25 to 3417.5%

35 to 4410.9%

45 to 548.6%

55 to 6410.3%

65 to 747.7%

75 and over8.0%

	Count	Share
Under 5	2,260	5.5%
5 to 17	5,674	13.7%
18 to 24	7,328	17.7%
25 to 34	7,218	17.5%
35 to 44	4,518	10.9%
45 to 54	3,568	8.6%
55 to 64	4,267	10.3%
65 to 74	3,172	7.7%
75 and over	3,309	8.0%

Race & ethnicity

	Count	Share
White (non-Hispanic)	28,209	68.3%
Black or African American	7,820	18.9%
American Indian & Alaska Native	62	0.2%
Asian	1,026	2.5%
Native Hawaiian & Pacific Islander	96	0.2%
Some other race	247	0.6%
Two or more races	1,366	3.3%
Hispanic or Latino (any race)	2,488	6.0%

Educational attainment (age 25+)

No high school diploma8.1%

High school graduate22.0%

Some college or associate's31.3%

Bachelor's degree26.4%

Graduate or professional degree12.1%

	Count	Share
No high school diploma	2,114	8.1%
High school graduate	5,742	22.0%
Some college or associate's	8,155	31.3%
Bachelor's degree	6,889	26.4%
Graduate or professional degree	3,152	12.1%

Commute to work

Mean travel time to work: 17 min

Drove alone79.2%

Carpooled6.5%

Public transit0.1%

Walked1.4%

Bicycle0.0%

Worked from home10.9%

Other means1.9%

How workers get to work

	Count	Share
Drove alone	17,238	79.2%
Carpooled	1,410	6.5%
Public transit	16	0.1%
Walked	301	1.4%
Bicycle	0	0.0%
Worked from home	2,379	10.9%
Other means	411	1.9%

Travel time

	Count	Share
Under 15 min	8,616	44.5%
15 to 29 min	8,287	42.8%
30 to 44 min	1,621	8.4%
45 to 59 min	234	1.2%
60+ min	618	3.2%

Households

Average household size: 2.46
Poverty rate: 13.3% (5,354 of 40,336)

	Count	Share
Family households	9,719	59.4%
Nonfamily households	6,633	40.6%

Housing

Median year structure built: 1979

Occupancy

	Count	Share
Occupied	16,352	88.0%
Vacant	2,224	12.0%

Tenure (of occupied units)

	Count	Share
Owner-occupied	8,786	53.7%
Renter-occupied	7,566	46.3%

1-unit, detached55.1%

1-unit, attached7.8%

2 to 4 units9.2%

5 to 19 units16.6%

20 or more units8.9%

Mobile home & other2.3%

Units in structure

	Count	Share
1-unit, detached	10,240	55.1%
1-unit, attached	1,456	7.8%
2 to 4 units	1,713	9.2%
5 to 19 units	3,075	16.6%
20 or more units	1,660	8.9%
Mobile home & other	432	2.3%

ZIP Code 24502

Demographics

Trends

Age distribution

Race & ethnicity

Educational attainment (age 25+)

Commute to work

Households

Housing

Geography

Counties this ZIP covers

Compare with nearby ZIP codes

National ZIP rankings

Nearby ZIP codes