ZIP Code 24087 — Elliston CDP, VA Demographics & Data

ZIP code 24087 covers Elliston, VA in Montgomery County with a population of about 3,948.

At a glance, the area shows median age of 36.0 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.

Median household income in ZIP 24087 is about $42,631 — about 43% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 23.9%; unemployment rate near 11.2%; 11.5% of adults with a bachelor’s degree or higher (about 22.2 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Manufacturing, Healthcare, and Public administration; about 4.1% of workers reporting work-from-home (about 11.1 points below 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 $140,500 — about 60% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $781 (about 33% below the U.S. median rent ($1,163)), and owner-occupancy near 70.2% (about 4.8 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 24087 in Elliston, VA, a household would need roughly $39,000 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 $903. That is roughly in line with the local median household income ($42,631). 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 Elliston CDP, 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 Elliston CDP, VA show little to no average snow and around 42.6 inches of annual precipitation.

IRS migration statistics show a net inflow of about 223 for ZIP 24087 (Elliston CDP, 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.