Census ACS · ZIP Code Tabulation Area

24502 Income Statistics for 2026

Lynchburg city, Virginia

Median household income

$68,872

Median household income ($68,872) is higher than Lynchburg city County ($64,651).

24502$68,872
Lynchburg city County$64,651
24503$89,137
24504$52,571
24501$42,222

Average household income

$81,286

Average household income ($81,286) is lower than Lynchburg city County ($84,761).

24502$81,286
Lynchburg city County$84,761
24503$132,041
24504$69,407
24501$57,902

Per-capita income

$34,034

Per-capita income ($34,034) is lower than Lynchburg city County ($34,846).

24502$34,034
Lynchburg city County$34,846
24503$51,954
24504$30,153
24501$24,047

Households earning $100k+

28.8%

Households earning $100k+ (28.8%) is lower than Lynchburg city County (29.0%).

2450228.8%
Lynchburg city County29.0%
2450346.0%
2450422.4%
2450117.7%

All demographics

Population
41,979
Households
16,748
Median age
32.6 yrs
Median household income
$68,872
Mean household income
$81,286
Per capita income
$34,034
Median home value
$228,100
Median gross rent
$1,224
Owner-occupied housing
52.3%
Bachelor's degree or higher
37.9%
In labor force
67.4%
Poverty rate
14.0%
Households earning $100k+
28.8%
Population under 5
5.6%
Population age 18–34
35.0%
Population age 25–44
28.3%
Population age 45–64
19.9%
Population age 65+
15.8%
Hispanic or Latino
6.3%
Black (non-Hispanic)
17.5%
Asian (non-Hispanic)
2.5%
Unemployment rate
3.1%

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/24502

Link to this page

Permanent URL backed by Census ACS data in PocketBase.

Context & methodology

About ZIP 24502 income statistics ($68,872 median)

ZIP Code Tabulation Area 24502 in Virginia is defined by the U.S. Census Bureau for statistical reporting. It closely matches USPS ZIP code 24502 but may differ slightly at edges — use these ACS figures as demographic benchmarks, not exact postal boundaries.

An estimated 41,979 people live in this ZCTA. Median household income here ($68,872) is higher than Lynchburg city County ($64,651). Operators sizing a local market often pair median income with mean income ($81,286) 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 Lynchburg city