ZIP Code 24435 — Fairfield CDP, VA Demographics & Data

ZIP code 24435 covers Fairfield, VA in Rockbridge County with a population of about 1,666.

At a glance, the area shows median age of 51.5 versus a U.S. median of about 38.9.

It sits in telephone area codes 540, 826; U.S. House district VA-6; the ROANOKE - LYNCHBURG media market.

Fairfield, VA fits a retirement-oriented profile (high share of residents 65+ (40.3%)). Residents and relocators commonly research healthcare access, everyday amenities (dining, personal services), and housing costs rather than tech or campus life.

Median household income in ZIP 24435 is about $66,620 — about 11% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 2.7%; unemployment rate near 2.6%; 43.7% of adults with a bachelor’s degree or higher (about 10.0 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Retail trade, and Education; about 15.0% of workers reporting work-from-home (roughly in line with the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $192,900 — about 45% below the U.S. median home value ($348,079).

Housing tenure and rents show owner-occupancy near 94.9% (about 29.5 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 24435 in Fairfield, VA, a household would need roughly $53,000 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 $1,239. That sits below the local median household income ($66,620), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Fairfield CDP, VA as Very Low (composite score 33.3), which is relatively lower than many U.S. communities. The strongest component scores on US5 are hurricane (69.1) and wildfire (59.1). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Fairfield CDP, VA show little to no average snow.

IRS migration statistics show a net inflow of about 94 for ZIP 24435 (Fairfield CDP, VA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.