Census ACS · ZIP Code Tabulation Area

24503 Income Statistics for 2026

Lynchburg city, Virginia

Median household income

$89,137

Median household income ($89,137) is higher than Lynchburg city County ($64,651).

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

Average household income

$132,041

Average household income ($132,041) is higher than Lynchburg city County ($84,761).

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

Per-capita income

$51,954

Per-capita income ($51,954) is higher than Lynchburg city County ($34,846).

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

Households earning $100k+

46.0%

Households earning $100k+ (46.0%) is higher than Lynchburg city County (29.0%).

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

All demographics

Population
20,419
Households
7,911
Median age
39.3 yrs
Median household income
$89,137
Mean household income
$132,041
Per capita income
$51,954
Median home value
$347,500
Median gross rent
$1,053
Owner-occupied housing
75.0%
Bachelor's degree or higher
60.2%
In labor force
58.2%
Poverty rate
7.8%
Households earning $100k+
46.0%
Population under 5
6.8%
Population age 18–34
19.8%
Population age 25–44
19.7%
Population age 45–64
21.4%
Population age 65+
22.8%
Hispanic or Latino
3.8%
Black (non-Hispanic)
10.8%
Asian (non-Hispanic)
0.9%
Unemployment rate
2.7%

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/24503

Link to this page

Permanent URL backed by Census ACS data in PocketBase.

Context & methodology

About ZIP 24503 income statistics ($89,137 median)

ZIP Code Tabulation Area 24503 in Virginia is defined by the U.S. Census Bureau for statistical reporting. It closely matches USPS ZIP code 24503 but may differ slightly at edges — use these ACS figures as demographic benchmarks, not exact postal boundaries.

An estimated 20,419 people live in this ZCTA. Median household income here ($89,137) is higher than Lynchburg city County ($64,651). Operators sizing a local market often pair median income with mean income ($132,041) 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