ZIP Code 24328 — Fancy Gap CDP, VA Demographics & Data

ZIP code 24328 covers Fancy Gap, VA in Carroll County with a population of about 1,724.

At a glance, the area shows median age of 66.0 versus a U.S. median of about 38.9.

It sits in telephone area code 276; U.S. House district VA-9; the ROANOKE - LYNCHBURG media market.

Fancy Gap, VA fits a retirement-oriented profile (high share of residents 65+ (57.6%)). Residents and relocators commonly research healthcare access, everyday amenities (dining, personal services), and housing costs rather than tech or campus life.

Median household income in ZIP 24328 is about $54,286 — about 28% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 6.3%; unemployment rate near 7.6%; 26.8% of adults with a bachelor’s degree or higher (about 6.9 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Manufacturing, Healthcare, and Professional services; about 6.8% of workers reporting work-from-home (about 8.4 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 $168,800 — about 52% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $422 (about 64% below the U.S. median rent ($1,163)), and owner-occupancy near 84.3% (about 18.9 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 24328 in Fancy Gap, VA, a household would need roughly $46,000 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 $1,084. That sits below the local median household income ($54,286), 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 Fancy Gap CDP, VA as Relatively Low (composite score 45.1), which is near the middle of the national distribution. The strongest component scores on US5 are hurricane (61.3) and wildfire (55.9). 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 Fancy Gap CDP, VA show little to no average snow and around 50.5 inches of annual precipitation.

IRS migration statistics show a net inflow of about 97 for ZIP 24328 (Fancy Gap 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.