24060 Zip Code Population and Demographics

In this article, we'll explore the population statistics for the zip code 24060, including popular demographics data like median age, number of households, household income, gender, employment and unemployment rates, occupations, religion, and more.

24060 is a zip code in Montgomery County, Virginia, which covers District A-01, District B-01, District C-01, District E-01, District F-01, and District G-01, with a total population of 48,296 people.

We are using the latest American Community Survey (ACS) 5-Year survey data from the US Census Bureau, which is accurate up to 2021.

Table of Contents

Population

There is a lot of data that lets us see how many people live in the 24060 zip code. The most basic data is the total population, which is the total number of people living in 24060.

The estimated population of people living in 24060 is 48,296, with a median age of 26.7.

We can look back at data from previous years to see how the population in the 24060 area has changed over the last 5 years.

Year Population Change 5-Year Change
2021
48,296
 -14.4% -12.14%
2020
56,423
+1.34%
-
2019
55,676
 -0.13% -
2018
55,747
+1.41%
-
2017
54,972
 - -

Population of 24060 by Race and Ethnicity

How much has the race and ethnicity of the population in the 24060 zip code changed? The US Census Bureau gives us a few defined types that the population is broken down into.

Let's look at the total numbers and also the change over the last 5 years.

Race 2021 2017 Change
White
80.2%
78.3%
 +2.43%
Black/African American
4.1%
4.6%
 -10.87%
Native
0.3%
0.3%
 0.00%
Hispanic
3.1%
3.8%
 -18.42%
Asian
10%
10.3%
 -2.91%
Hawaiian/Pacific Islander
0.2%
0%
 0.00%
Two Or More Races
1.7%
2.2%
 -22.73%
Other
0.3%
0.6%
 -50.00%

This data can be very important for anybody studying the 24060 zip for a number of reasons, including social and economic research, planning and development, and marketing to a multi-cultural population.

Note that the Native group includes both Native American and Alaskan Native people.

Population of 24060 by Age and Gender

We can also monitor the change of the age and gender in the 24060 zip code to track track trends in the population over time.

We can see how the population in 24060 has changed over the last 5 years by median age as a total, and also by male and female.

Year Total Male Female
2021 26.7 +16.59% 25 +10.62% 28.9 +21.43%
2020 22.9 0% 22.6 0% 23.8 -0.42%
2019 22.9 0% 22.6 -0.44% 23.9 +1.27%
2018 22.9 +0.44% 22.7 0% 23.6 +2.61%
2017 22.8 - 22.7 - 23 -

The median age of the 24060 zip gives you an idea of the age distribution, with half of the population being older than the median age and half being younger.

This can then be used to infer and compare against birth rates, parent ages, and more metrics to understand the population. For example, an increasing median age indicates an aging population in the 24060 area, which can be a sign of a declining population in terms of birth rates and workforce participation.

Age 2021 2017
(Years) Male Female Male Female
0 to 9 1,939 -12.46% 1,754 -2.4% 1,707 1,697
10 to 19 6,287 -46.84% 5,887 -62.38% 2,711 1,964
20 to 29 11,037 -4.45% 8,699 -9.27% 10,480 7,903
30 to 39 2,544 +8.89% 2,219 +17.84% 2,770 2,639
40 to 49 2,086 -0.74% 1,908 +3.54% 2,064 1,968
50 to 59 1,905 +17% 1,823 -1.34% 2,234 1,787
60 to 69 1,845 +14.11% 2,057 +1.67% 2,109 2,073
70+ 1,292 +27.15% 1,690 +41.99% 1,674 2,516

Median Household Income

The latest median household income for the 24060 zip code is $56,729.00.

In simple terms, the median income is the middle income of a group of people. Half of the people in the group make more than the median income, and half make less.

The median income is a good indicator of the overall income of a group of people, and can be used to compare against other metrics such as the average income, per capita income, and more.

Median Income by Age

We can also look at the median income by age to see how the median income varies by age, and how it compares to the overall median income for 24060.

  • Under 25
    $7,264.00
  • 25 to 44
    $65,810.00
  • 45 to 64
    $104,987.00
  • 65 and over
    $78,932.00

Average Household Income

Whenever we ask what is the average household income in the 24060 zip code, we are actually talking about the mean household income.

This is calculated by adding up all the incomes of all the households in 24060, and then dividing that number by the total number of households.

This is a good way to get a general idea of the average income of a group of people, but it can be skewed by a very high or very low incomes.

The average household income of 24060 is currently $82,454.00.

In terms of accurately summarizing income at a geographic level, the median income is a better metric than the average income because it isn't affected by a small number of very high or very low incomes.

If you had an area where the average income was greater than the median, it can mean that there is significant income inequality, with income being concentrated in a small number of wealthy households.

8.66% of households in 24060 are classed as high income households (making $200,000+ per year).

Household Income Tiers

The US Census Bureau divides households into income tiers based on the median income for the area. This is a good way to compare the income of 24060 against other zip codes.

  • Less than $24,999
    29.37%
  • $25,000 to $49,999
    16.77%
  • $50,000 to $74,999
    12.78%
  • $75,000 to $99,999
    10.45%
  • $100,000 to $149,999
    14.04%
  • $150,000 to $199,999
    7.95%
  • $200,000 or more
    8.66%

Per Capita Income

The per capita income in 24060 is $32,819.00.

Per capita income is the average income of a person in a given area. It is calculated by dividing the total income of 24060 by the total population of 24060.

This is different from the average or mean income because it includes and accounts for all people living in the 24060 area, including people like children, the elderly, unemployed people, retired people, and more.

Education Levels

We can also look at the education levels in 24060 to see how many people have a high school degree, a bachelor's degree, or a graduate degree.

Educational attainment is a good indicator of the overall education level of a population, and can be used to compare against other metrics such as the average income, per capita income, and more to see how education levels affect income, unemployment rates, and more.

  • Master's degree or higher
    33.51%
  • Bachelor's degree
    40.32%
  • Some college or associate's degree
    5.91%
  • High school diploma or equivalent
    19.59%
  • Less than high school diploma
    0.68%

Employment

Employment rates are all based around the total population in 24060 that are over the age of 16.

Currently, the total population of the 24060 zip over the age of 16 is 42,464.

Of those people, a total of 52.20% are working or actively looking for work. This is called the labor force participation rate.

The participation rate is a useful market measure because it shows the relative amount of labor resources available to the economy.

The employment to total population rate in 24060 is 50.30%.

Employment by Age

We can look at the employment rates by age to see how it compares to the overall employment rate. Here's how that breaks down for the 24060 zip code.

Age Population Participation Unemployment Rate
16 to 19 years 2,247 26.70% 7.00%
20 to 24 years 14,658 34.20% 5.20%
25 to 29 years 3,725 80.00% 2.50%
30 to 34 years 2,940 83.40% 3.10%
35 to 44 years 4,653 81.40% 1.60%
45 to 54 years 3,939 84.70% 3.40%
55 to 59 years 1,930 73.70% 4.60%
60 to 64 years 2,398 56.90% 1.10%
65 to 74 years 3,435 32.10% 0.70%
75 years and over 2,539 5.20% 0.00%

Employment by Race

Another very interesting employment statistic we can look at is the employment and unemployment rates by race in 24060. The table below shows the rates for each of the ethnicity groups types defined by the US Census Bureau (which we mentioned earlier in this article).

Age Population Participation Unemployment Rate
White 34,740 52.60% 3.40%
Black or African American 1,838 58.80% 0.20%
American Indian and Alaska Native 147 52.40% 33.80%
Asian 4,268 48.10% 0.40%
Native Hawaiian and Other Pacific Islander 111 87.40% 0.00%
Other 464 43.80% 7.40%
Two or more races 896 46.30% 11.80%
Hispanic or Latino 1,290 62.20% 6.10%
Not Hispanic or Latino 34,079 52.50% 3.40%

Occupations

In this section we can look at the most common occupations for people living in the 24060 area as well as the gender breakdown and earnings of them.

The total population of civilian employees that are 16 years old or older in 24060 is 21,339, with median earnings of $36,179.00.

Women in 24060 are earning approximately 75.80% of the men's earnings.

Population Earnings
Total 21,339 $36,179.00
Male 11,677 $41,521.00
Female 9,662 $31,487.00

Occupations by Category

In the table below, we can break down the population and earnings for 24060 even further by occupation. The list of occupation categories below will show you how many people are employed in each category and the median earnings of each profession.

Occupation Employed Earnings
Management 2,331 $68,474.00
Business and Financial 566 $59,013.00
Computer and Mathematical 1,017 $80,163.00
Architecture and Engineering 779 $73,486.00
Life, Physical, and Social Science 826 $40,530.00
Community and Social Service 481 $41,131.00
Legal 69 $72,656.00
Educational and Library 5,544 $39,278.00
Arts, Design, Entertainment, Sports, and Media 666 $27,155.00
Healthcare Practitioners 798 $70,536.00
Healthcare Support 335 $31,233.00
Firefighters and Protective Service 84 $5,769.00
Law Enforcement 54 $42,083.00
Food Preparation and Serving 1,401 $9,113.00
Building and Grounds Cleaning 403 $28,453.00
Personal Care and Service 718 $21,919.00
Sales 1,576 $35,127.00
Office and Administrative Support 1,695 $30,271.00
Farming, Fishing, and Forestry 41 $4,053.00
Construction and Extraction 334 $38,929.00
Installation, Maintenance, and Repair 267 $51,653.00
Production 609 $32,060.00
Transportation and Material Moving 257 $17,868.00

Occupations by Gender

Now we can also look at the occupations by category for 24060 when it is broken down by male and female.

This lets us see how many male and females work in each occupation, the median earnings, and the male to female ratio of earnings for 24060.

That last metric is important because it can be used to look at the gender pay gap between men and women.

Occupation Male Female
Population Earnings Population Earnings
Management 1,326 $69,275.00 1,005 $55,114.00
Business and Financial 333 $51,838.00 233 $59,309.00
Computer and Mathematical 853 $88,425.00 164 $38,553.00
Architecture and Engineering 572 $78,500.00 207 $64,888.00
Life, Physical, and Social Science 429 $45,813.00 397 $32,109.00
Community and Social Service 145 $47,721.00 336 $36,848.00
Legal 40 $166,591.00 29 $0.00
Educational and Library 2,935 $42,199.00 2,609 $35,513.00
Arts, Design, Entertainment, Sports, and Media 376 $25,991.00 290 $48,300.00
Healthcare Practitioners 247 $83,493.00 551 $65,077.00
Healthcare Support 111 $57,798.00 224 $30,417.00
Firefighters and Protective Service 56 $5,705.00 28 $25,167.00
Law Enforcement 54 $42,083.00 0 $0.00
Food Preparation and Serving 706 $9,159.00 695 $8,906.00
Building and Grounds Cleaning 263 $29,838.00 140 $22,353.00
Personal Care and Service 85 $21,950.00 633 $21,875.00
Sales 927 $35,027.00 649 $35,481.00
Office and Administrative Support 598 $34,024.00 1,097 $29,260.00
Farming, Fishing, and Forestry 33 $0.00 8 $0.00
Construction and Extraction 306 $47,500.00 28 $18,269.00
Installation, Maintenance, and Repair 254 $52,177.00 13 $0.00
Production 421 $30,949.00 188 $52,564.00
Transportation and Material Moving 194 $23,015.00 63 $12,011.00

Households and Family Size

A household is defined by the US Census Bureau as a group of people who occupy a housing unit. A housing unit is a house, apartment, mobile home, group of rooms, or single room occupied as separate living quarters.

There are currently 18,160 households in 24060, with an average household size of 2.63 people.

A family is defined as a group of two or more people related by birth, marriage, or adoption who live together in the same household.

There are 7,979 families living in the 24060 zip code with an average family size of 3 people.

Households by Marital Status

The four categories of household by marital status are:

  • Married-couple family
  • Male householder with no spouse present
  • Female household with no spouse present
  • Nonfamily household

The table below shows the total number of households and families, with the average sizes of each, that live in 24060:

Married Male Female Nonfamily
Total Households 6,659 322 998 10,181
Average Household Size 3.09 3.24 2.8 2.29
Total Families 6,659 322 998 0
Average Household Size 3.07 2.56 2.66 0

Poverty

Of the 7,979 families living in 24060, 7.10% are considered to be below the poverty threshold.

The table below shows the latest poverty thresholds in 24060:

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Housing

There are 21,578 housing units in 24060.

The table below shows the split between occupied and vacant units:

Total Percentage
Occupied 18,160 84.16%
Vacant 3,418 15.84%

46.22% of the total 21,578 housing units in 24060 are rental units. This is approximately 9,974 properties.

For owner-occupied housing units, a total of 8,053 are occupied by the owner - or 37.32% of the total.

Rental Rates

The median rent for a property in 24060 is $1,150.00.

In the chart below, we can look at the number of rental properties in 24060 that fall into a particular rent range. These can then be used to compare with other areas, or to see how they have changed over time.

  • No rent paid
    133
  • Less than $500
    501
  • $500 to $999
    3,131
  • $1,000 to $1,499
    3,884
  • $1,500 to $1,999
    1,342
  • $2,000 to $2,499
    598
  • $2,500 to $2,999
    352
  • $3,000 or more
    166

Property Value

The median value of a property in 24060 is $335,300.00.

Just like with rental rates, we can look at the number of properties in 24060 that fall into a particular value range.

  • Less than $50,000
    325
  • $50,000 to $99,999
    188
  • $100,000 to $149,999
    349
  • $150,000 to $199,999
    503
  • $200,000 to $299,999
    2,029
  • $300,000 to $499,999
    3,375
  • $500,000 to $999,999
    1,109
  • $1,000,000 or more
    175

Property Age

We can also look at the age of properties in 24060. The chart below shows the number of properties in 24060 that fall into a particular age range.

  • 1939 or earlier
    842
  • 1940 to 1949
    548
  • 1950 to 1959
    1,095
  • 1960 to 1969
    1,856
  • 1970 to 1979
    4,175
  • 1980 to 1989
    4,141
  • 1990 to 1999
    2,875
  • 2000 to 2009
    3,434
  • 2010 to 2013
    2,574
  • 2014 or later
    38

Vehicles per Household

The number of vehicles available per household can be a good indicator of the level of affluence in an area. The chart below shows the number of households in 24060 that have a particular number of vehicles available.

  • No vehicles available
    1,266
  • 1 vehicle available
    6,197
  • 2 vehicles available
    6,171
  • 3 or more vehicles available
    4,526

Commuting to Work

In this section, we can also look at how people in 24060 get to work. The chart below shows the number of people in 24060 that commute to work in a particular way.

15.6 minutes is the average travel time to work for people in 24060.

These commute times can be compared to other date like income and educational levels to see how they relate to each other and if there are any trends in the data that might suggest a correlation.

  • Less than 5 minutes
    720
  • 5 to 9 minutes
    3,999
  • 10 to 14 minutes
    5,685
  • 15 to 19 minutes
    3,471
  • 20 to 24 minutes
    2,112
  • 25 to 29 minutes
    708
  • 30 to 34 minutes
    868
  • 35 to 39 minutes
    254
  • 40 to 44 minutes
    135
  • 45 to 59 minutes
    539
  • 60 to 89 minutes
    167
  • 90 or more minutes
    144

Summary

We've covered a LOT of demographic and population data for 24060 in this article! Hopefully you have found it very useful in your research of the area.

If you use any of the data found on this page, please consider linking back to USPopulation.org as the source and if you have any feedback or data requests, click here to contact us.

States in 24060

If you want to see how the population and demographics of 24060 compare to other zip codes in Virginia, check out the list of all Virginia zip codes below: