ZIP Code 24062 — undefined, undefined Demographics & Data

ZIP code 24062 covers ZIP 24062 with a population of about 3,236.

At a glance, the area shows median age of 22.6 versus a U.S. median of about 38.9.

It sits in the ROANOKE - LYNCHBURG media market.

Median household income in ZIP 24062 is about $23,201 — about 69% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 57.3%; unemployment rate near 3.1%; 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 Retail trade; about 20.9% of workers reporting work-from-home (about 5.7 points above 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 $348,200 — about even with the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $1,167 (about even with the U.S. median rent ($1,163)), and owner-occupancy near 23.4% (about 42.0 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 24062, a household would need roughly $96,000 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 $2,237. That is about 314% above the local median household income ($23,201), 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.