Census ACS · ZIP Code Tabulation Area

24162 Income Statistics for 2026

Montgomery County, Virginia

Median household income

$73,348

Median household income ($73,348) is higher than Montgomery County County ($69,679).

24162$73,348
Montgomery County County$69,679
24060$67,675
24073$76,800
24149$69,753
24138$62,400
24087$41,204

Average household income

$100,008

Average household income ($100,008) is higher than Montgomery County County ($99,585).

24162$100,008
Montgomery County County$99,585
24060$106,604
24073$93,597
24149$90,883
24138$76,738
24087$75,089

Per-capita income

$37,945

Per-capita income ($37,945) is lower than Montgomery County County ($41,670).

24162$37,945
Montgomery County County$41,670
24060$42,914
24073$42,690
24149$32,838
24138$29,246
24087$34,247

Households earning $100k+

24.3%

Households earning $100k+ (24.3%) is lower than Montgomery County County (36.0%).

2416224.3%
Montgomery County County36.0%
2406038.1%
2407335.9%
2414931.6%
2413826.0%
2408721.3%

All demographics

Population
2,259
Households
808
Median age
41.8 yrs
Median household income
$73,348
Mean household income
$100,008
Per capita income
$37,945
Median home value
$161,200
Median gross rent
$1,043
Owner-occupied housing
66.8%
Bachelor's degree or higher
18.3%
In labor force
60.6%
Poverty rate
13.0%
Households earning $100k+
24.3%
Population under 5
2.2%
Population age 18–34
21.8%
Population age 25–44
33.0%
Population age 45–64
35.8%
Population age 65+
9.5%
Hispanic or Latino
4.3%
Black (non-Hispanic)
0.0%
Asian (non-Hispanic)
0.0%
Unemployment rate
0.0%

County and peer ZIP comparisons use population-weighted aggregates from other ZCTAs in the same county. Source: US Census Bureau ACS 5-year estimates. Page URL: https://resource.skyrocketbpo.com/tools/market-research/us-income-demographics-by-zip-code/virginia/24162

Link to this page

Permanent URL backed by Census ACS data in PocketBase.

Context & methodology

About ZIP 24162 income statistics ($73,348 median)

ZIP Code Tabulation Area 24162 in Virginia is defined by the U.S. Census Bureau for statistical reporting. It closely matches USPS ZIP code 24162 but may differ slightly at edges — use these ACS figures as demographic benchmarks, not exact postal boundaries.

An estimated 2,259 people live in this ZCTA. Median household income here ($73,348) is higher than Montgomery County County ($69,679). Operators sizing a local market often pair median income with mean income ($100,008) and the share of households earning $100k+ to gauge both typical and upscale demand.

The neighboring ZIP comparison table above lists adjacent ZCTAs with their own ACS estimates. Large gaps between adjacent ZIP codes are common — a few miles can separate very different income profiles, which matters for retail trade areas, service radius, and competitive positioning.

Small-area ACS estimates carry wider margins of error than state or county totals. The Census Bureau publishes guidance on interpreting confidence intervals (linked below). When a figure is critical to your analysis, download the underlying table from data.census.gov and review the margin of error column before citing it in a business plan or press release.

Data vintage: Census ACS 2024 5-year estimates (published 2026). Tables: B19013 (median HH income), B19001 (distribution), B19049 (income by age of householder).

Authoritative sources & further reading

Primary government data and reference pages for verifying and extending this analysis.

Related market research tools

Combine ZIP-level income with these free Resource tools for fuller market pictures.

All ZIP codes·Virginia·ZIP codes in Montgomery County