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ZIP Code 24072 — undefined, VA Demographics & Data

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Map, Quick Facts & Location

Quick Facts

Local time
Population
1,213
Median Income
$91,563
+22% vs US avg
Home Value
$221,100
-36% vs US avg
Median Rent
$1,219
+5% vs US avg
Median Age
36.1 yrs
-7% vs US avg
City
N/A
Area Code
Congress
Top Ancestry
AmericanEnglishIrish
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Location
Coordinates
37.0420, -80.2424
Elevation
2,846 ft
Land Area
27.8 sq mi
Water Area
0.0 sq mi (0% water)

At a glance

Population
1,213
Density
N/A
Median income
$91,563
+22% vs US avg
Home value
$221,100
-36% vs US avg
Median rent
$1,219
+5% vs US avg
Timezone

Overview of ZIP Code 24072

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What to know about ZIP 24072

ZIP code 24072 covers VA in Floyd County with a population of about 1,213.

At a glance, the area shows median age of 36.1 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.

Income and economy in VA

Median household income in ZIP 24072 is about $91,563 — about 22% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 2.3%; unemployment rate near 0.0%; 30.4% of adults with a bachelor’s degree or higher (about 3.3 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Manufacturing, Healthcare, and Education; about 4.8% of workers reporting work-from-home (about 10.4 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Housing and affordability in ZIP 24072

Median home value is about $221,100 — about 36% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $1,219 (about 5% above the U.S. median rent ($1,163)), and owner-occupancy near 91.7% (about 26.3 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 24072 in VA, a household would need roughly $61,000 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 $1,420. That sits below the local median household income ($91,563), 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.

Climate risk and migration signals

FEMA’s National Risk Index rates natural-hazard risk for VA as Very Low (composite score 6.6), which is relatively lower than many U.S. communities. The strongest component scores on US5 are hurricane (53.3) and wildfire (49.4). 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 VA show little to no average snow and around 49.9 inches of annual precipitation.

IRS migration statistics show a net inflow of about 68 for ZIP 24072 (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.

Nearby (from this ZIP)

Airport ROA (24.5 miles (39.4 km)) · Edward Via College of Osteopathic Medicine (14.2 miles (22.8 km)) · Booker T Washington National Monument (28.6 miles (46.0 km)) · VA: Salem VA Medical Center (20.1 miles (32.4 km))

Full lists and map pins are in the Infrastructure section below.