ZIP Code 24122 — Montvale CDP, VA Demographics & Data

ZIP code 24122 covers Montvale, VA in Bedford County with a population of about 1,421.

At a glance, the area shows median age of 52.0 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 24122 is about $65,238 — about 13% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 7.8%; unemployment rate near 4.7%; 18.5% of adults with a bachelor’s degree or higher (about 15.2 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Construction, Retail trade, and Healthcare; about 17.0% of workers reporting work-from-home (about 1.8 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 $189,700 — about 46% below the U.S. median home value ($348,079).

Housing tenure and rents show owner-occupancy near 88.8% (about 23.4 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 24122 in Montvale, VA, a household would need roughly $52,000 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 $1,219. That sits below the local median household income ($65,238), 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.

FEMA’s National Risk Index rates natural-hazard risk for Montvale CDP, VA as Relatively Low (composite score 51.2), which is near the middle of the national distribution. The strongest component scores on US5 are hurricane (73.0) and flood (68.3). 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 Montvale CDP, VA show little to no average snow and around 43.6 inches of annual precipitation.

IRS migration statistics show a net inflow of about 80 for ZIP 24122 (Montvale 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.