Income & Economy in Scottsville town, VA (24590)
Median Income
$88,068
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+448
Wealth inflow
Population
7,940
Unemployment
5.6%
1.9pp above US avg
IRS migration statistics show a net inflow of about 448 for ZIP 24590 (Scottsville town, 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.
Historical Trends in 24590 (2020–Present)
Since 2020, population declined 2.9%, median income rose 2.9% (inflation-adjusted), home values increased 15.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $88,068 |
| Unemployment | 5.6% |
| Establishments | 151 |
| Employees | 783 |