Income & Economy in Damascus town, VA (24236)
Median Income
$33,846
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+171
Wealth inflow
Population
3,023
Unemployment
0.3%
3.4pp below US avg
IRS migration statistics show a net inflow of about 171 for ZIP 24236 (Damascus town, 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 24236 (2020–Present)
Since 2020, population declined 1.2%, median income fell 18.6% (inflation-adjusted), home values decreased 3.2%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $33,846 |
| Unemployment | 0.3% |
| Establishments | 54 |
| Employees | 504 |