About Zip Code 24416

24416 is a zip code in the Lynchburg Metropolitan area. It has a population of 9,397 and a population density of 160, which is 41% above the national average. It has a median age of 36, which is 4 years below the Lynchburg Metro median age and 3 years below the national average.


Zip code 24416 has a median home value of $163,022, which is 37% below the Metro average.The average rent of $793 is 33% below the metro average rent and 62% below the national average rent The average household income in zip code 24416 is $49,614 , which is 21% below the Metro average household income and 34% below the national average of household income.

$163,022Median Home Value
$260,830 Lynchburg Metro Area
$793Median Rent
$1,184 Lynchburg Metro Area

Towns of Zip Code 24416

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Zip code 24416's population is made up of 51% married, 27% single, 17% divorced and 6% widowed. Baby Boomers make up the largest percentage of the population at 36%, while Gen Z have the second largest segment at 28%. Homeowners make up 63% of the population in zip code 24416.

9,397Population
265,565 Lynchburg Metro Area
160Population Density
  • 47% Male
  • 53% Female
36 Median Age
40 Lynchburg Metro Area
See Detailed Demographics Data for Zip Code 24416

The Per Capita income in zip code 24416 is $30,899. The Median Household Income is $49,614

$30,899Income Per Capita
$35,319 Lynchburg Metro Area
$49,614Median Household Income
$67,050 Lynchburg Metro Area
18% Poverty Rate
14% Lynchburg Metro Area
3% Unemployment Rate
3% Lynchburg Metro Area
See Detailed Employment Data for Zip Code 24416
Amenities in Zip Code 24416
See Detailed Amenities Data for Zip Code 24416
$163,022Median Home Value
$260,830 Lynchburg Metro Area
$793Median Rent
$1,184 Lynchburg Metro Area
2Average Household Size
2 Lynchburg Metro Area

Occupancy Type

Renters
37%
Home Owners
63%
See Detailed Real Estate Data for Zip Code 24416
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