Income & Economy in Grundy town, VA (24614)
Median Income
$40,000
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+395
Wealth inflow
Population
6,992
Unemployment
2.7%
1.0pp below US avg
IRS migration statistics show a net inflow of about 395 for ZIP 24614 (Grundy 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 24614 (2020–Present)
Since 2020, population grew 7.8%, median income fell 7.5% (inflation-adjusted), home values increased 28.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $40,000 |
| Unemployment | 2.7% |
| Establishments | 166 |
| Employees | 2,306 |