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, VA

ZIP Code 24556 — undefined, VA Demographics & Data

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Map, Quick Facts & Location

Quick Facts

Local time
Population
2,695
Median Income
$84,773
+13% vs US avg
Home Value
$368,800
+6% vs US avg
Median Rent
N/A
Median Age
52.4 yrs
+35% vs US avg
City
N/A
Area Code
Congress
Top Ancestry
GermanEnglishAmerican
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Location
Coordinates
37.3758, -79.3993
Elevation
894 ft
Land Area
42.7 sq mi
Water Area
0.1 sq mi (0% water)

At a glance

Population
2,695
Density
N/A
Median income
$84,773
+13% vs US avg
Home value
$368,800
+6% vs US avg
Median rent
N/A
Timezone

Overview of ZIP Code 24556

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What to know about ZIP 24556

ZIP code 24556 covers VA in Bedford County with a population of about 2,695.

At a glance, the area shows median age of 52.4 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.

Income and economy in VA

Median household income in ZIP 24556 is about $84,773 — about 13% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 7.3%; unemployment rate near 1.4%; 27.6% of adults with a bachelor’s degree or higher (about 6.2 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Retail trade, Education, and Healthcare; about 16.7% of workers reporting work-from-home (about 1.5 points above the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Housing and affordability in ZIP 24556

Median home value is about $368,800 — about 6% above the U.S. median home value ($348,079).

Housing tenure and rents show owner-occupancy near 91.7% (about 26.3 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 24556 in VA, a household would need roughly $102,000 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 $2,369. That is about 20% above the local median household income ($84,773), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Climate risk and migration signals

FEMA’s National Risk Index rates natural-hazard risk for 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 VA show little to no average snow and around 46.3 inches of annual precipitation.

IRS migration statistics show a net inflow of about 152 for ZIP 24556 (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.

Nearby (from this ZIP)

Airport LYH (11.4 miles (18.4 km)) · Central Virginia Community College (11.9 miles (19.1 km)) · Booker T Washington National Monument (25.7 miles (41.3 km)) · VA: Lynchburg CBOC (11.7 miles (18.8 km))

Full lists and map pins are in the Infrastructure section below.