24343 Zip Code Population and Demographics

In this article, we'll explore the population statistics for the zip code 24343, including popular demographics data like median age, number of households, household income, gender, employment and unemployment rates, occupations, religion, and more.

24343 is a zip code in Carroll County, Patrick County, and Wythe County, Virginia, which covers Laurel Fork, Pine Creek, Piper Gap, Sulphur Springs, Blue Ridge, Dan River, and Lead Mines, with a total population of 8,241 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 24343 zip code. The most basic data is the total population, which is the total number of people living in 24343.

The estimated population of people living in 24343 is 8,241, with a median age of 51.2.

We can look back at data from previous years to see how the population in the 24343 area has changed over the last 5 years.

Year Population Change 5-Year Change
2021
8,241
 -10.63% -14.43%
2020
9,221
 -3.92% -
2019
9,597
 -1.98% -
2018
9,791
+1.66%
-
2017
9,631
 - -

Population of 24343 by Race and Ethnicity

How much has the race and ethnicity of the population in the 24343 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
97%
95.6%
 +1.46%
Black/African American
0.2%
0.1%
 +100.00%
Native
0%
0%
 0.00%
Hispanic
1.4%
1.9%
 -26.32%
Asian
0%
0%
 0.00%
Hawaiian/Pacific Islander
0%
0%
 0.00%
Two Or More Races
1.4%
2.4%
 -41.67%
Other
0%
0%
 0.00%

This data can be very important for anybody studying the 24343 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 24343 by Age and Gender

We can also monitor the change of the age and gender in the 24343 zip code to track track trends in the population over time.

We can see how the population in 24343 has changed over the last 5 years by median age as a total, and also by male and female.

Year Total Male Female
2021 51.2 +4.07% 49.6 +4.42% 53.3 +2.9%
2020 49.2 +5.81% 47.5 +17% 51.8 +5.5%
2019 46.5 -1.06% 40.6 -0.73% 49.1 0%
2018 47 +7.31% 40.9 +0.49% 49.1 +2.29%
2017 43.8 - 40.7 - 48 -

The median age of the 24343 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 24343 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 9 708 -90.55% 407 +30.77% 234 519
10 to 19 700 -48.98% 446 -11.36% 400 391
20 to 29 615 +19.46% 385 -101.62% 679 108
30 to 39 414 +14.05% 582 -55.34% 453 315
40 to 49 634 -40.63% 589 -17.07% 397 479
50 to 59 816 -14.51% 612 +15.28% 700 706
60 to 69 679 -6.03% 742 -34.35% 636 504
70+ 525 +47.06% 777 +23.28% 764 956

Median Household Income

The latest median household income for the 24343 zip code is $46,447.00.

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 24343.

  • Under 25
    $0.00
  • 25 to 44
    $50,556.00
  • 45 to 64
    $47,969.00
  • 65 and over
    $37,368.00

Average Household Income

Whenever we ask what is the average household income in the 24343 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 24343, 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 24343 is currently $55,637.00.

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.

0.53% of households in 24343 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 24343 against other zip codes.

  • Less than $24,999
    26.26%
  • $25,000 to $49,999
    29.50%
  • $50,000 to $74,999
    16.70%
  • $75,000 to $99,999
    12.40%
  • $100,000 to $149,999
    13.04%
  • $150,000 to $199,999
    1.58%
  • $200,000 or more
    0.53%

Per Capita Income

The per capita income in 24343 is $25,036.00.

Per capita income is the average income of a person in a given area. It is calculated by dividing the total income of 24343 by the total population of 24343.

This is different from the average or mean income because it includes and accounts for all people living in the 24343 area, including people like children, the elderly, unemployed people, retired people, and more.

Education Levels

We can also look at the education levels in 24343 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
    8.01%
  • Bachelor's degree
    18.03%
  • Some college or associate's degree
    6.28%
  • High school diploma or equivalent
    66.17%
  • Less than high school diploma
    1.51%

Employment

Employment rates are all based around the total population in 24343 that are over the age of 16.

Currently, the total population of the 24343 zip over the age of 16 is 7,114.

Of those people, a total of 51.30% 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 24343 is 48.40%.

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 24343 zip code.

Age Population Participation Unemployment Rate
16 to 19 years 417 61.20% 9.80%
20 to 24 years 261 92.00% 64.60%
25 to 29 years 526 72.20% 0.00%
30 to 34 years 486 74.10% 1.40%
35 to 44 years 484 72.50% 0.00%
45 to 54 years 1,437 80.70% 0.20%
55 to 59 years 643 55.40% 3.40%
60 to 64 years 642 54.00% 0.00%
65 to 74 years 1,046 16.30% 0.00%
75 years and over 1,172 2.60% 13.30%

Employment by Race

Another very interesting employment statistic we can look at is the employment and unemployment rates by race in 24343. 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 6,974 51.00% 5.70%
Black or African American 14 0.00% 0.00%
American Indian and Alaska Native 0 0.00% 0.00%
Asian 0 0.00% 0.00%
Native Hawaiian and Other Pacific Islander 0 0.00% 0.00%
Other 51 37.30% 0.00%
Two or more races 75 92.00% 0.00%
Hispanic or Latino 51 37.30% 0.00%
Not Hispanic or Latino 6,974 51.00% 5.70%

Occupations

In this section we can look at the most common occupations for people living in the 24343 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 24343 is 3,445, with median earnings of $32,250.00.

Women in 24343 are earning approximately 76.40% of the men's earnings.

Population Earnings
Total 3,445 $32,250.00
Male 2,095 $34,478.00
Female 1,350 $26,346.00

Occupations by Category

In the table below, we can break down the population and earnings for 24343 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 259 $41,719.00
Business and Financial 59 $65,121.00
Computer and Mathematical 0 $0.00
Architecture and Engineering 12 $0.00
Life, Physical, and Social Science 0 $0.00
Community and Social Service 116 $36,284.00
Legal 21 $0.00
Educational and Library 207 $42,287.00
Arts, Design, Entertainment, Sports, and Media 13 $0.00
Healthcare Practitioners 380 $27,367.00
Healthcare Support 120 $10,921.00
Firefighters and Protective Service 0 $0.00
Law Enforcement 30 $0.00
Food Preparation and Serving 208 $16,815.00
Building and Grounds Cleaning 95 $20,347.00
Personal Care and Service 60 $0.00
Sales 277 $20,865.00
Office and Administrative Support 190 $34,257.00
Farming, Fishing, and Forestry 40 $0.00
Construction and Extraction 385 $36,583.00
Installation, Maintenance, and Repair 68 $53,478.00
Production 528 $42,581.00
Transportation and Material Moving 124 $46,923.00

Occupations by Gender

Now we can also look at the occupations by category for 24343 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 24343.

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 147 $39,712.00 112 $42,188.00
Business and Financial 53 $0.00 6 $0.00
Computer and Mathematical 0 $0.00 0 $0.00
Architecture and Engineering 12 $0.00 0 $0.00
Life, Physical, and Social Science 0 $0.00 0 $0.00
Community and Social Service 79 $42,548.00 37 $0.00
Legal 21 $0.00 0 $0.00
Educational and Library 86 $48,382.00 121 $41,681.00
Arts, Design, Entertainment, Sports, and Media 0 $0.00 13 $0.00
Healthcare Practitioners 28 $0.00 352 $26,995.00
Healthcare Support 9 $0.00 111 $10,329.00
Firefighters and Protective Service 0 $0.00 0 $0.00
Law Enforcement 30 $0.00 0 $0.00
Food Preparation and Serving 80 $15,682.00 128 $17,778.00
Building and Grounds Cleaning 95 $20,347.00 0 $0.00
Personal Care and Service 0 $0.00 60 $0.00
Sales 248 $22,929.00 29 $0.00
Office and Administrative Support 10 $0.00 180 $33,919.00
Farming, Fishing, and Forestry 40 $0.00 0 $0.00
Construction and Extraction 376 $37,333.00 9 $0.00
Installation, Maintenance, and Repair 68 $53,478.00 0 $0.00
Production 390 $43,886.00 138 $27,091.00
Transportation and Material Moving 111 $48,173.00 13 $0.00

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 3,420 households in 24343, with an average household size of 2.39 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 2,179 families living in the 24343 zip code with an average family size of 3.06 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 24343:

Married Male Female Nonfamily
Total Households 1,686 129 364 1,241
Average Household Size 3.03 2.98 3.77 1.06
Total Families 1,686 129 364 0
Average Household Size 3 2.98 3.4 0

Poverty

Of the 2,179 families living in 24343, 7.40% are considered to be below the poverty threshold.

The table below shows the latest poverty thresholds in 24343:

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 4,767 housing units in 24343.

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

Total Percentage
Occupied 3,420 71.74%
Vacant 1,347 28.26%

15.46% of the total 4,767 housing units in 24343 are rental units. This is approximately 737 properties.

For owner-occupied housing units, a total of 2,525 are occupied by the owner - or 52.97% of the total.

Rental Rates

The median rent for a property in 24343 is $585.00.

In the chart below, we can look at the number of rental properties in 24343 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
    158
  • Less than $500
    233
  • $500 to $999
    416
  • $1,000 to $1,499
    88
  • $1,500 to $1,999
    0
  • $2,000 to $2,499
    0
  • $2,500 to $2,999
    0
  • $3,000 or more
    0

Property Value

The median value of a property in 24343 is $114,800.00.

Just like with rental rates, we can look at the number of properties in 24343 that fall into a particular value range.

  • Less than $50,000
    214
  • $50,000 to $99,999
    881
  • $100,000 to $149,999
    622
  • $150,000 to $199,999
    419
  • $200,000 to $299,999
    286
  • $300,000 to $499,999
    71
  • $500,000 to $999,999
    12
  • $1,000,000 or more
    20

Property Age

We can also look at the age of properties in 24343. The chart below shows the number of properties in 24343 that fall into a particular age range.

  • 1939 or earlier
    295
  • 1940 to 1949
    234
  • 1950 to 1959
    368
  • 1960 to 1969
    458
  • 1970 to 1979
    1,026
  • 1980 to 1989
    637
  • 1990 to 1999
    882
  • 2000 to 2009
    752
  • 2010 to 2013
    115
  • 2014 or later
    0

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 24343 that have a particular number of vehicles available.

  • No vehicles available
    152
  • 1 vehicle available
    1,039
  • 2 vehicles available
    1,262
  • 3 or more vehicles available
    967

Commuting to Work

In this section, we can also look at how people in 24343 get to work. The chart below shows the number of people in 24343 that commute to work in a particular way.

31.1 minutes is the average travel time to work for people in 24343.

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
    34
  • 5 to 9 minutes
    331
  • 10 to 14 minutes
    331
  • 15 to 19 minutes
    663
  • 20 to 24 minutes
    203
  • 25 to 29 minutes
    114
  • 30 to 34 minutes
    384
  • 35 to 39 minutes
    201
  • 40 to 44 minutes
    277
  • 45 to 59 minutes
    321
  • 60 to 89 minutes
    248
  • 90 or more minutes
    120

Summary

We've covered a LOT of demographic and population data for 24343 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 24343

If you want to see how the population and demographics of 24343 compare to other zip codes in Virginia, check out the list of all Virginia zip codes below: