ZIP Code 24487 — undefined, VA Demographics & Data

ZIP code 24487 covers VA in Highland County with a population of about 543.

At a glance, the area shows median age of 47.8 versus a U.S. median of about 38.9.

It sits in telephone area codes 540, 826; U.S. House district VA-6; the ROANOKE - LYNCHBURG media market.

Median household income in ZIP 24487 is about $80,625 — about 7% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 4.0%; unemployment rate near 7.7%; 17.1% of adults with a bachelor’s degree or higher (about 16.6 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Public administration, Arts and entertainment, and Food services; about 6.3% of workers reporting work-from-home (about 8.9 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 $324,600 — about 7% below the U.S. median home value ($348,079).

Housing tenure and rents show owner-occupancy near 71.1% (about 5.7 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 24487 in VA, a household would need roughly $89,000 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 $2,085. That is roughly in line with the local median household income ($80,625). 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 VA as Very Low (composite score 2.5), which is relatively lower than many U.S. communities. The strongest component scores on US5 are hurricane (42.3) and wildfire (13.3). 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 VA show little to no average snow and around 46.9 inches of annual precipitation.

IRS migration statistics show a net inflow of about 31 for ZIP 24487 (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.