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ZIP Code 24063 — undefined, undefined Demographics & Data

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

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At a glance

Population
2,611
Density
N/A
Median income
$53,594
-29% vs US avg
Home value
$483,200
+39% vs US avg
Median rent
$1,231
+6% vs US avg
Timezone
N/A

Overview of ZIP Code 24063

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What to know about ZIP 24063

ZIP code 24063 covers ZIP 24063 with a population of about 2,611.

At a glance, the area shows median age of 27.4 versus a U.S. median of about 38.9.

It sits in the ROANOKE - LYNCHBURG media market.

Income and economy in ZIP 24063

Median household income in ZIP 24063 is about $53,594 — about 29% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 41.5%; unemployment rate near 3.9%; 86.2% of adults with a bachelor’s degree or higher (about 52.5 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Education, Professional services, and Finance and insurance; about 18.6% of workers reporting work-from-home (about 3.4 points above the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Housing and affordability in ZIP 24063

Median home value is about $483,200 — about 39% above the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $1,231 (about 6% above the U.S. median rent ($1,163)), and owner-occupancy near 27.2% (about 38.2 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 24063, a household would need roughly $133,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,104. That is about 148% above the local median household income ($53,594), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.