ZIP Code 24060 — Blacksburg town, VA Demographics & Data

ZIP code 24060 covers Blacksburg, VA in Montgomery County with a population of about 48,197.

At a glance, the area shows median age of 27.3 versus a U.S. median of about 38.9.

It sits in telephone area codes 540, 826; U.S. House district VA-9; the ROANOKE - LYNCHBURG media market.

Blacksburg, VA sits in a university / college context (near virginia polytechnic institute and state university (1.8 mi)). Expect stronger interest in student housing, rentals, walkability, transit, and a younger adult age mix versus typical suburban ZIPs.

Median household income in ZIP 24060 is about $63,496 — about 16% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 33.8%; unemployment rate near 3.4%; 63.4% of adults with a bachelor’s degree or higher (about 29.7 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Education, Food services, and Professional services; about 15.4% 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 $412,300 — about 18% above the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $1,156 (about even with the U.S. median rent ($1,163)), and owner-occupancy near 42.2% (about 23.2 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 24060 in Blacksburg, VA, a household would need roughly $114,000 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 $2,649. That is about 80% above the local median household income ($63,496), 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.

FEMA’s National Risk Index rates natural-hazard risk for Blacksburg town, VA as Relatively Low (composite score 47.5), which is near the middle of the national distribution. The strongest component scores on US5 are flood (63.6) and hurricane (57.1). 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 Blacksburg town, VA show little to no average snow and around 42.6 inches of annual precipitation.

IRS migration statistics show a net inflow of about 2,720 for ZIP 24060 (Blacksburg 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.