Income & Economy in Castlewood CDP, VA (24224)
Median Income
$47,967
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+301
Wealth inflow
Population
5,330
Unemployment
3.7%
0.0pp below US avg
IRS migration statistics show a net inflow of about 301 for ZIP 24224 (Castlewood 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.
Historical Trends in 24224 (2020–Present)
Since 2020, population declined 3.1%, median income rose 5.2% (inflation-adjusted), home values increased 7.1%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $47,967 |
| Unemployment | 3.7% |
| Establishments | 56 |
| Employees | 398 |